Under Offer
R 3 018 922
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1 Bedroom Apartment in Cape Town City Centre

1 1 37 m² 37 m²

Turnkey investment. Hotel-managed. Earning from day one.

Secure your stake in one of Cape Town''s most sought-after hospitality addresses The Onyx Apartment Hotel, positioned directly opposite the Cape Town International Convention Centre on Heerengracht Street.

This fully furnished 8th floor studio forms part of a professionally managed rental pool operated by Newmark Hotels, delivering consistent monthly income with zero management required from the owner. Based on 2026 actual trading figures, the building achieves a net yield of 10 backed by real performance, not projections.

Price includes VAT. No transfer duty payable making this one of the most cost-efficient entry points into a prime Cape Town hospitality asset.

The Foreshore is Cape Town''s fastest-evolving urban node, with the R14 billion Harbour Arch development and CTICC East expansion driving sustained short-stay demand well into the future. Own, earn, and let Newmark Hotels do the rest.

Additional units available individually. Full portfolio of 5 units also available for strategic buyers seeking R1.6M net annual income at 10 net yield.

Price inclusive of VAT no transfer duty payable

Fully furnished & equipped furniture, appliances, linen & kitchenware included

8th floor studio open-plan bedroom, living area & kitchenette

Private en-suite bathroom shower, basin & toilet

Professionally managed rental pool Newmark Hotels

10 net yield based on 2026 actual trading income

Property details

  • Listing number T5471588
  • Property type Apartment
  • Listing date 29 Apr 2026
  • Land size 37 m²
  • Floor size 37 m²

Property features

  • Bedrooms 1
  • Bathrooms 1
  • Lounges 1
  • Dining areas 1
  • Pool
  • Security post
  • Study
  • Furnished

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