0.5 Bedroom Apartment / flat for sale in Cape Town City Centre

Description

Rarely does an investment this clean come to market. This fully furnished studio at The Onyx Apartment Hotel offers sectional title ownership in one of Cape Town's most strategically located hospitality buildings — directly opposite the Cape Town International Convention Centre on Heerengracht Street, Foreshore. The unit forms part of a professionally managed rental pool under Newmark Hotels, one of South Africa's leading hospitality operators. You own the asset. They run it. Monthly distributions land in your account — no letting agents, no tenant management, no hassle. The numbers speak for themselves. Based on verified 2026 trading figures, the building delivers a net yield of ±10% — not a forecast, not a projection, but actual income already being generated. The purchase price is inclusive of VAT with no transfer duty payable, significantly reducing your all-in... Rarely does an investment this clean come to market. This fully furnished studio at The Onyx Apartment Hotel offers sectional title ownership in one of Cape Town's most strategically located hospitality buildings — directly opposite the Cape Town International Convention Centre on Heerengracht Street, Foreshore. The unit forms part of a professionally managed rental pool under Newmark Hotels, one of South Africa's leading hospitality operators. You own the asset. They run it. Monthly distributions land in your account — no letting agents, no tenant management, no hassle. The numbers speak for themselves. Based on verified 2026 trading figures, the building delivers a net yield of ±10% — not a forecast, not a projection, but actual income already being generated. The purchase price is inclusive of VAT with no transfer duty payable, significantly reducing your all-in acquisition cost compared to a standard residential purchase. The Foreshore precinct is undergoing a generational transformation. The R14 billion Harbour Arch mixed-use development and the CTICC East expansion are already underway, cementing this node as Cape Town's most dynamic address for short-stay accommodation demand. Additional units available. A full portfolio of 5 units is also on offer for the strategic buyer seeking ±R1.6M net annual income. FEATURES Private en-suite bathroom — shower, basin & toilet Managed rental pool — operated by Newmark Hotels ±10% net yield — verified 2026 actual trading income Sectional title — individual ownership with registered title deed General Business 6 zoning — hotel & short-stay use permitted Residents' gymnasium, lounge & concierge services Secure basement parking available Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-629631424","type":"c"}));

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

Pool

Yes

Office

1

Bedroom

0.5

Parking

1

Erf Size

39 m²

Kitchens

1

Bathrooms

1

Floor Size

39 m²

Listing Date

29 April 2026

Pets Allowed

No

Price per m²

R 81 592

Listing Number

117169758

Reception Rooms

2

No Transfer Duty

Yes

Type of Property

Apartment / Flat