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

Description

Secure your stake in one of Cape Town's most sought-after hospitality addresses — The Onyx Apartment Hotel, positioned directly opposite the Cape Town International Convention Centre on Heerengracht Street. This fully furnished 8th floor studio forms part of a professionally managed rental pool operated by Newmark Hotels, delivering consistent monthly income with zero management required from the owner. Based on 2026 actual trading figures, the building achieves a net yield of ±10% — backed by real performance, not projections. Price includes VAT. No transfer duty payable — making this one of the most cost-efficient entry points into a prime Cape Town hospitality asset. The Foreshore is Cape Town's fastest-evolving urban node, with the R14 billion Harbour Arch development and CTICC East expansion driving sustained short-stay demand well into the future. Own, earn,... Secure your stake in one of Cape Town's most sought-after hospitality addresses — The Onyx Apartment Hotel, positioned directly opposite the Cape Town International Convention Centre on Heerengracht Street. This fully furnished 8th floor studio forms part of a professionally managed rental pool operated by Newmark Hotels, delivering consistent monthly income with zero management required from the owner. Based on 2026 actual trading figures, the building achieves a net yield of ±10% — backed by real performance, not projections. Price includes VAT. No transfer duty payable — making this one of the most cost-efficient entry points into a prime Cape Town hospitality asset. The Foreshore is Cape Town's fastest-evolving urban node, with the R14 billion Harbour Arch development and CTICC East expansion driving sustained short-stay demand well into the future. Own, earn, and let Newmark Hotels do the rest. Additional units available individually. Full portfolio of 5 units also available for strategic buyers seeking ±R1.6M net annual income at ±10% net yield. Price inclusive of VAT — no transfer duty payable Fully furnished & equipped (furniture, appliances, linen & kitchenware included) 8th floor studio — open-plan bedroom, living area & kitchenette Private en-suite bathroom (shower, basin & toilet) Professionally managed rental pool — Newmark Hotels ±10% net yield based on 2026 actual trading income Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-463997266","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

1

Parking

1

Erf Size

37 m²

Kitchens

1

Bathrooms

1

Furnished

Yes

Floor Size

37 m²

Listing Date

29 April 2026

Pets Allowed

No

Price per m²

R 81 592

Listing Number

117169561

Reception Rooms

2

No Transfer Duty

Yes

Type of Property

Apartment / Flat