1 Bedroom Apartment in Cape Town City Centre

Description

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 trading figures, the building achieves a net yield of 10 backed by actual performance, not projections.The Foreshore precinct is Cape Town''s fastest-evolving urban node, with the R14 billion Harbour Arch development and CTICC East expansion driving sustained short-stay demand. This is a clean, income-producing asset in exactly the right location at exactly the right time.Additional units available. Full portfolio of 5 units also available for strategic buyers seeking R1.6M net annual income.Fully furnished & equipped furniture, appliances, linen & kitchenware included8th floor studio open-plan bedroom, living area & kitchenettePrivate en-suite bathroom shower, basin & toiletProfessionally managed rental pool Newmark Hotels10 net yield based on 2026 actual trading incomeMonthly net distributions paid to ownerSectional title ownershipGeneral Business 6 zoning hotel & short-stay use permittedGymnasium, residents'' lounge & conciergeSecure basement parking available

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Portal facts

Land size

42 m²

Floor size

42 m²

Listing date

29 Apr 2026

Feature: Pool

yes

Property type

Apartment

Feature: Study

yes

Listing number

T5471420

Feature: Lounges

1

Feature: Bedrooms

1

Feature: Bathrooms

1

Feature: Furnished

yes

Feature: Dining areas

1

Feature: Security post

yes