1 Bedroom Apartment in Foreshore

This modern, fully furnished 39 m2 studio apartment on The Rockefeller, Cape Town''s 14th 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

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 R17,000 - R20,000 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

Why the Hotel Pool is a Great 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 free of charge for all guests and long-term tenants

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!