R1,950,000

R1,950,000

0.5 Bedroom Apartment For Sale in Foreshore
0.5
Bedrooms
1
Bathrooms
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Modern Fully Furnished High-Occupancy Hotel Pool Studio Apartment

Web Ref. TPR30061
Floor size 30.00 m²
Monthly Bond Repayment
R19,142.04
This modern, fully furnished 30 m2 studio apartment on The Rockefeller, Cape Town's 10th floor, is the perfect opportunity for investors seeking consistent rental income. It would also make an incredible place to live if you work in the city or use it as a base, with a view of the majestic Table Mountain.

Key Features:

>Hotel Pool Membership: Already included in the Newmark Hotel Group rental pool with a variable lease, allowing flexible short lets (in or away from Newmark Hotel Group).

>Rental Potential: Achieve approximately R14,000 - R17,000 per month as a long-term let if you remove the unit from the hotel pool.

>Fully Furnished: Turnkey-ready with all essentials, including a bed, bar fridge, and ample built-in cupboard space.

>Location: Situated in the vibrant Foreshore district - walking distance to business hubs, top attractions, and the best restaurants Cape Town has to offer.

Why the Hotel Pool is Your Best Investment Strategy:

Whilst this property may not be Airbnb-friendly, don't let that put you off investing here. The hotel pool consistently runs at an approximate 80-100% occupancy and performs exceptionally well even during off-seasons. Compare this to the increasingly oversaturated Airbnb market in Cape Town, where units are experiencing lower occupancy rates, and owners are paying around 20% in management fees. With the hotel pool, you'll pay approximately 8% in management fees - that's less than half the typical Airbnb cost.

Even better, when your unit is in the hotel pool, The Rockefeller pays your levies on your behalf every month and covers all maintenance costs - yes, all of it. This hands-off approach means predictable income without the hidden fees and hassles that often catch Airbnb investors off guard.

Additional Benefits at The Rockefeller:

>High-speed fibre connectivity

>Top floor indoor pool

>Technogym fitness centre

>24-hour security and concierge service

>Backup power generators for uninterrupted living

>Secure parking available at an extra cost

>Several restaurants and a bar are located in the building

>Spa facilities available with prior booking

>Conference rooms available to rent

Whether you're a savvy investor or simply looking for a property that offers style and convenience, this apartment combines luxury living and solid returns in the heart of Cape Town. Curious? Let's talk if you want to own your slice of Cape Town!
Monthly Levy R1,600
Monthly Rates R1,200
Total R2,800

Features

Interior
0.5 Bedroom
1 Bathroom
1 Kitchen
1 Lounge
Furnished
Exterior
Pool
Security
Sizes
Floor Size 30 m²
Additional Amenities
Air Conditioning Unit
Secure Parking
Gym
Backup Power
(Battery/Inverter)
Listing Info
Date Listed 06-03-26
Time Listed 17:11

Disclaimer

While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.