1 Bedroom Apartment in Century City
1040 the colosseum, 1040 century way, Century City, Cape Townlocation approximate: suburb level
1 bed · 1 bath · 40 m² floor
Description
Enjoy an average net rental return of approximately 6.5 per annum, after all costs, including refurbishment contributions, levies and rates.Owners also receive 28 complimentary nights'' accommodation each year, valued at approximately R70,000, resulting in an effective annual return of around 11.Cash buyers only, as banks do not finance hotel suites that form part of a rental pool.This stylish 40m2 Deluxe Suite offers:King-size bedSeparate living areaOpen-plan kitchenetteAir conditioningComplimentary Wi-FiWork desk and flat-screen TVElegant en-suite bathroom with free-standing bath and showerEnjoy beautiful views over Century City and the Durbanville Hills.Investment HighlightsSuite forms part of a professionally managed rental pool.Owners enjoy 28 days'' personal use annually or RCI Resort Exchange where applicable.Owners receive 29 of room revenue.Hotel management covers all operating costs from its 71 share.Levies and rates are paid on the owner''s behalf.10 of rental income is reserved for future refurbishments.Rental income is paid quarterly, with quarterly owner updates.Hotel comprises 69 luxury suites, offers backup power, and provides 50 undercover and 20 open parking bays.A hassle-free investment combining passive income with annual luxury accommodation in the heart of Century City.
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.
Resilience
- Backup Power Level
- Partialfrom the listing text · 98%
- Borehole
- Nofrom the listing text · 98%
- Gas Hob
- Nofrom the listing text · 97%
- Generator
- Yesfrom the listing text · 77%
- Grey Water
- Nofrom the listing text · 98%
- Heat Pump
- Nofrom the listing text · 97%
- Inverter
- Nofrom the listing text · 83%
- Solar Geyser
- Nofrom the listing text · 98%
- Solar panels
- Nofrom the listing text · 98%
- Water Tank
- Nofrom the listing text · 98%
Security
- Alarm Beams
- Nofrom the listing text · 97%
- Armed Response
- Nofrom the listing text · 97%
- Boomed Area
- Nofrom the listing text · 65%
- Burglar Bars
- Nofrom the listing text · 82%
- CCTV
- Nofrom the listing text · 95%
- Electric Fence
- Nofrom the listing text · 97%
- Guard 24h
- Nofrom the listing text · 85%
Location
- Exposed to coastal wind
- Nofrom open data · 60%
- Estimated commute to CBD
- 20 minfrom open data · 60%
- Crime trend
- Stablefrom open data · 60%
- Distance to the sea
- 2.4 kmfrom open data · 60%
- Load-shedding block
- 2from open data · 60%
- SAPS precinct risk
- Elevatedfrom open data · 60%
Market
- Days on market
- 48 daysfrom our price history
- Gross rental yield
- 20.6%from our price history
- Price change since listed
- 0.0%from our price history
- Price per m²
- R 26 250from our price history
- Times relisted
- 0from our price history
- Vs suburb median
- 0.25×from our price history
- Under Offer
- Nofrom our price history
Comfort
- Air Conditioning
- Yesfrom the listing text · 99%
- Double Glazing
- Nofrom the listing text · 98%
- Fireplace
- Nofrom the listing text · 98%
- High Ceilings
- Nofrom the listing text · 98%
- North Facing
- Nofrom the listing text · 98%
- Quiet Street
- Nofrom the listing text · 98%
- Underfloor Heating
- Nofrom the listing text · 98%
- View Type
- Cityfrom the listing text · 94%
- Wind Protected
- Nofrom the listing text · 98%
Layout
- Flatlet
- Nofrom the listing text · 98%
- Furnished
- Yesfrom the listing text · 99%
- Home Office
- Nofrom the listing text · 72%
- Lift Access
- Nofrom the listing text · 93%
- Living Areas
- 1from the listing text
- Penthouse
- Nofrom the listing text · 98%
- Scullery
- Nofrom the listing text · 97%
- Single Level
- Nofrom the listing text · 67%
- Staff Accommodation
- Nofrom the listing text · 97%
- Walk In Closet
- Nofrom the listing text · 97%
- Wheelchair Access
- Nofrom the listing text · 98%
Outdoor
- Balcony
- Nofrom the listing text · 95%
- Boat Caravan Parking
- Nofrom the listing text · 98%
- Borehole Irrigation
- Nofrom the listing text · 98%
- Braai Area
- Nofrom the listing text · 97%
- Covered Patio
- Nofrom the listing text · 98%
- Established Trees
- Nofrom the listing text · 98%
- Garage Type
- Nonefrom the listing text · 60%
- Garden Size
- Nonefrom the listing text
- Pet Friendly
- Nofrom the listing text · 97%
- Pool Type
- Nonefrom the listing text
Condition
- Needs Tlc
- Nofrom the listing text · 97%
Architecture
- Double Storey
- Nofrom the listing text · 89%
- Original Features
- Nofrom the listing text · 98%
- Thatched Roof
- Nofrom the listing text · 99%
Tenure Rules
- Exclusive Use Area
- Nofrom the listing text · 88%
- No transfer duty
- Nofrom the listing text · 97%
- Retirement Scheme
- Nofrom the listing text · 98%
- Short Let Allowed
- Yesfrom the listing text · 71%
- Special Levy Mentioned
- Nofrom the listing text · 91%
- Tenure
- Sectional Titlefrom the listing text
Connectivity
- Fibre
- Nofrom the listing text · 90%
Commercial
- Auction
- Nofrom the listing text · 99%
- Bank Assisted
- Nofrom the listing text · 97%
- Off Plan
- Nofrom the listing text · 98%
- Owner Relocating
- Nofrom the listing text · 98%
- Price Reduced
- Nofrom our price history
- Priced To Sell
- Nofrom the listing text · 98%
Portal facts
- Levies
- R 1 188
- Floor size
- 40 m²
- Listing date
- 6 Aug 2026
- Property type
- Apartment
- Listing number
- T5579610
- Rates and taxes
- R 970
- Feature: Lounges
- 1
- Feature: Bedrooms
- 1
- Feature: Bathrooms
- 1
- Feature: Furnished
- yes
- Feature: Open parking
- 1
- Feature: Security post
- yes