1 Bedroom Apartment / flat for sale in Century City

Description

Discover a unique chance to own a fully managed hotel suite in the prestigious Island Club, located in the heart of Century City. This suite offers hassle-free ownership, as it is professionally leased and managed by the reputable Singer Group. Owners receive a share of the hotel’s revenue pool, with 25% of accommodation income paid quarterly (net income for approximately R3,000/month), while rates and levies are covered by the tenant. This makes it a perfect lock-up-and-go investment with consistent returns. Beyond the financial benefits, this suite provides exceptional lifestyle perks. Owners can enjoy 28 days of personal use per year at no cost, with full access to all Island Club amenities, including the indoor pool, gym, beautifully landscaped gardens, and secure surroundings. During owner-use periods, the suite is temporarily removed from the rental pool,... Discover a unique chance to own a fully managed hotel suite in the prestigious Island Club, located in the heart of Century City. This suite offers hassle-free ownership, as it is professionally leased and managed by the reputable Singer Group. Owners receive a share of the hotel’s revenue pool, with 25% of accommodation income paid quarterly (net income for approximately R3,000/month), while rates and levies are covered by the tenant. This makes it a perfect lock-up-and-go investment with consistent returns. Beyond the financial benefits, this suite provides exceptional lifestyle perks. Owners can enjoy 28 days of personal use per year at no cost, with full access to all Island Club amenities, including the indoor pool, gym, beautifully landscaped gardens, and secure surroundings. During owner-use periods, the suite is temporarily removed from the rental pool, giving you a private and comfortable retreat. Additionally, international exchange opportunities are available via RCI membership, allowing you to enjoy holidays abroad. Century City itself adds incredible value to this property. The area is home to Canal Walk Shopping Centre with over 400 stores, restaurants, cafés, and entertainment options. Outdoor enthusiasts can enjoy Ratanga Park with scenic walking and cycling routes, while fitness fans have access to Virgin Active and other sports facilities. Convenient MyCiTi bus routes and easy highway access make commuting to Cape Town CBD or surrounding suburbs effortless. With its blend of residential, business, and leisure opportunities, Century City remains one of Cape Town’s most desirable and resilient locations for property investment. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-663979552","type":"c"}));

What we know about this property

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Portal facts

Levies

R 1 065

Zoning

General Residential

Bedroom

Furnished main bedroom with air conditioner, curtain rails, curtains, fitted safe, lift, tea & coffee station, TV, tv port, wired for computer network, built-in cupboards, queen bed and laminate wood floors

Bathroom

Bathroom with basin, bath, shower, toilet and tiled floors

Floor Size

40 m²

Listing Date

12 September 2025

Price per m²

R 28 750

Listing Number

116436575

Street Address

6E North Bank Lane, Century City

Rates and Taxes

R 700

Type of Property

Apartment / Flat