Studio Apartment in Foreshore

Description

Looking for a hands-off investment that pays out reliably This 29m2 fully furnished studio on the 12th floor of The Rockefeller delivers exactly that and doubles as a stylish CBD-adjacent base if that''s more your speed.The Numbers:The unit is currently part of the Newmark Hotel Group rental pool on a head-lease basis, generating a guaranteed R10,924 monthly. If you''re chasing higher returns, you can opt out of the pool and let it long-term instead comparable units in the building are currently fetching R16,000R18,000 a month. There''s also a variable-lease option within the hotel pool itself available for an extra fee if you want something in between.Why the Hotel Pool Beats Airbnb Here:Short-term letting Airbnb-style isn''t allowed in this building but that works in owners'' favour:Hotel pool occupancy runs at around 80100 year-round, even through slower seasons a rate most Cape Town Airbnb hosts would struggle to match in today''s saturated short-let marketManagement fees sit at roughly 8, well below the 20 Airbnb managers typically chargeLevies and maintenance are covered by The Rockefeller for the duration the unit''s in the pool, meaning genuinely passive ownership with none of the surprise expenses Airbnb owners often faceAbout the Unit:Fully furnished and ready to go bed, bar fridge, and ample built-in storage already included. Whether you''re handing it straight to the rental pool or moving in yourself, there''s nothing left to set up.Location:Set in the Foreshore, with the V&A Waterfront, De Waterkant, Green Point, and the CBD all close by.Building Amenities:Fibre-readyRooftop indoor poolTechnogym access for tenants and guests24-hour concierge and securityBackup powerSecure paid parkingOn-site restaurants and barBookable spaConference rooms available for hireAn easy, low-maintenance portfolio addition or a polished spot to call home in the city centre. Reach out for more info or to book a viewing.

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

Levies

R 1 700

Floor size

29 m²

Listing date

28 Jun 2026

Feature: Pool

yes

Property type

Apartment

Listing number

T5534917

Rates and taxes

R 1 200

Feature: Lounges

1

Feature: Bathrooms

1

Feature: Furnished

yes

Feature: Bedrooms 0.

5

Feature: Security post

yes