Studio Apartment in Foreshore

This modern, fully furnished 29m2 studio apartment on the 12th floor of The Rockefeller is a fantastic opportunity for investors seeking consistent, predictable rental income. Thoughtfully designed and completely turnkey this unit would also make a superb city base for anyone working in the CBD.

Key Features:

Hotel Pool Membership Optional: Currently listed in the Newmark Hotel Group rental pool under a head-lease, offering stable, guaranteed income of R10,923 per month with the security of a fixed leasing structure.

Rental Potential: Achieve approximately R16,000-R18,000 per month as a long-term let if you choose to remove the unit from the hotel pool. For an additional fee, it can be changed over to the variable-lease.

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, moments from the V&A Waterfront, De Waterkant, Green Point, and the CBD.

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 approximately 80100 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 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 located in the building

Spa facilities available with prior booking

Conference rooms available to rent

Whether you''re a savvy investor seeking a stable, hands-off return or simply looking for a stylish city base, this delivers smart design, luxury amenities, and solid income in the heart of Cape Town.

Curious Let''s talk your slice of Cape Town is waiting.