0.5 Bedroom Apartment / flat for sale in Foreshore

Description

A smart, well-proportioned 30m2 studio on the 5th floor of The Rockefeller — one of the Foreshore's most sought-after hotel-residential addresses, managed by the Newmark Hotel Group. This unit is not currently in the hotel pool, giving you flexibility from day one. It can be enrolled into the Newmark Hotel Group rental pool for a nominal fee, or held as a long-term let — whichever suits your investment strategy. (Please note the building is not Airbnb-friendly, and this is a genuine advantage rather than a drawback — see below.) Why hotel pool income can beat Airbnb income: The hotel pool consistently runs at approximately 80–100% occupancy and performs well even in the off-season. Compare that to Cape Town's increasingly oversaturated Airbnb market, where occupancy is softening and owners typically pay around 20% in management fees. In the hotel pool you'll pay... A smart, well-proportioned 30m2 studio on the 5th floor of The Rockefeller — one of the Foreshore's most sought-after hotel-residential addresses, managed by the Newmark Hotel Group. This unit is not currently in the hotel pool, giving you flexibility from day one. It can be enrolled into the Newmark Hotel Group rental pool for a nominal fee, or held as a long-term let — whichever suits your investment strategy. (Please note the building is not Airbnb-friendly, and this is a genuine advantage rather than a drawback — see below.) Why hotel pool income can beat Airbnb income: The hotel pool consistently runs at approximately 80–100% occupancy and performs well even in the off-season. Compare that to Cape Town's increasingly oversaturated Airbnb market, where occupancy is softening and owners typically pay around 20% in management fees. In the hotel pool you'll pay roughly 8% — less than half. And once enrolled, The Rockefeller covers your levies and all maintenance costs every month, for genuinely hands-off, predictable income. There's also a regulatory tailwind: the City of Cape Town is moving to charge properties used primarily for short-term letting commercial municipal rates, so Airbnb operators face rising costs and tighter rules that Rockefeller owners sidestep entirely. Owners enjoy a rooftop pool, Technogym facilities, high-speed fibre, 24-hour security, and a prime address that draws leisure and corporate guests year-round. You're moments from the V&A Waterfront, CBD, De Waterkant, and Green Point. Whether you enrol in the pool for turnkey returns or run it as a long-term let, this is a flexible opportunity worth viewing. Contact us today to set up your viewing. We are happy to also answer any and all questions you may have, since we have sold many units in The Rockefeller. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#2052731170","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

Levies

R 1 800

Bedroom

0.5

Kitchens

1

Bathrooms

1

Furnished

Yes

Floor Size

30 m²

Backup Power

Backup Battery / Inverter

Floor Number

5

Listing Date

15 July 2026

Pets Allowed

No

Price per m²

R 63 167

Listing Number

117416427

Rates and Taxes

R 1 500

Reception Rooms

2

Type of Property

Apartment / Flat