1 Bedroom Apartment / flat for sale in Cape Town City Centre
Cape Town City Centre, Cape Townlocation approximate: suburb level
1 bed · 1 bath · 1 parking · 50 m² floor · 50 m² erf
Description
Exclusive Investment Opportunity at The Onyx | 5 Units Available A rare chance to secure one or more of five premium apartments in The Onyx Apartment Hotel, perfectly positioned in Cape Town’s high-demand Foreshore precinct, directly opposite the CTICC. This unique offering includes 5 fully furnished units on the 8th floor (3 studios, 1 one-bedroom, and 1 apartment), giving buyers the flexibility to purchase individually or secure the entire portfolio. For the individual investor, each unit offers a turnkey, income-generating asset within a professionally managed rental pool—ideal for those seeking hands-off returns in a prime location. For the strategic buyer, acquiring multiple units—or all five—unlocks a powerful portfolio play, delivering approximately R1.6 million net annual income with a target yield of ±10%, backed by consistent short-term rental demand... Exclusive Investment Opportunity at The Onyx | 5 Units Available A rare chance to secure one or more of five premium apartments in The Onyx Apartment Hotel, perfectly positioned in Cape Town’s high-demand Foreshore precinct, directly opposite the CTICC. This unique offering includes 5 fully furnished units on the 8th floor (3 studios, 1 one-bedroom, and 1 apartment), giving buyers the flexibility to purchase individually or secure the entire portfolio. For the individual investor, each unit offers a turnkey, income-generating asset within a professionally managed rental pool—ideal for those seeking hands-off returns in a prime location. For the strategic buyer, acquiring multiple units—or all five—unlocks a powerful portfolio play, delivering approximately R1.6 million net annual income with a target yield of ±10%, backed by consistent short-term rental demand and hotel management. FEATURES: 5 Units Available: 3 Studios, 1 One-Bedroom, 1 Apartment Total Size: 226m2 across all units Fully Furnished & Equipped – ready for immediate letting Professionally Managed Rental Pool (Newmark Hotels) ±R1.6 Million Net Annual Income (Portfolio) Target Yield of ±10% Hands-Off Investment with Income Distributed Monthly Note: the sale of the company (share transfer) and/or the sale as a going concern would not attract VAT. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1448287186","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.
Resilience
- Backup Power Level
- Nonefrom the listing text
Security
- Boundary Wall
- Nonefrom the photos · 95%
Location
- Exposed to coastal wind
- Yesfrom open data · 60%
- Estimated commute to CBD
- 1 minfrom open data · 60%
- Crime trend
- Worseningfrom open data · 60%
- Distance to the sea
- 1.1 kmfrom open data · 60%
- Load-shedding block
- 7from open data · 60%
- SAPS precinct risk
- Highfrom open data · 60%
Market
- Days on market
- 164 daysfrom our price history
- Gross rental yield
- 4.9%from our price history
- Price change since listed
- 0.0%from our price history
- Price per m²
- R 81 593from our price history
- Times relisted
- 0from our price history
- Vs suburb median
- 1.41×from our price history
- Under Offer
- Yesfrom our price history
Comfort
- Natural Light
- Brightfrom the photos · 90%
- View Type
- Nonefrom the listing text · 85%
Layout
- Furnished
- Yesfrom the listing text · 97%
- Home Office
- Yesfrom the listing text · 87%
- Living Areas
- 2from the listing text · 97%
Outdoor
- Garage Type
- Nonefrom the listing text · 80%
- Garden Size
- Nonefrom the listing text
- Pool Type
- Nonefrom the photos · 95%
Condition
- Damp Signs
- Nofrom the photos · 95%
- Kitchen Age
- Modernfrom the photos · 95%
- Renovation Status
- Recently Renovatedfrom the photos · 90%
Tenure Rules
- Short Let Allowed
- Yesfrom the listing text · 91%
Commercial
- Price Reduced
- Nofrom our price history
Not mentioned in the listing (54)
Air Conditioning, Alarm Beams, Armed Response, Auction, Balcony, Bank Assisted, Battery Backup, Boat Caravan Parking, Boomed Area, Borehole, Borehole Irrigation, Braai Area, Burglar Bars, CCTV, Covered Patio, Double Glazing, Electric Fence, Established Trees, Exclusive Use Area, Fibre, Fireplace, Flatlet, Gas Hob, Generator, Grey Water, Guard 24h, Heat Pump, High Ceilings, Inverter, Needs Tlc, No transfer duty, North Facing, Off Plan, Open Plan, Original Features, Owner Relocating, Penthouse, Pet Friendly, Priced To Sell, Quiet Street, Retirement Scheme, Scullery, Security Estate, Solar Geyser, Solar panels, Special Levy Mentioned, Staff Accommodation, Thatched Roof, Underfloor Heating, Utilities Included, Walk In Closet, Water Tank, Wheelchair Access, Wind Protected. Ask the agent if any of these matter to you.
5 unverified claims are hidden: the listing text doesn’t support them.
Portal facts
- Pool
- Yes
- Office
- 1
- Bedroom
- 1
- Parking
- 1
- Erf Size
- 50 m²
- Kitchens
- 1
- Bathrooms
- 1
- Floor Size
- 50 m²
- Listing Date
- 14 April 2026
- Pets Allowed
- No
- Price per m²
- R 81 593
- Listing Number
- 117120748
- Reception Rooms
- 2
- Type of Property
- Apartment / Flat