| A High Yield Hotel Apartment in the Foreshore |
Set within The Rockefeller Hotel and Residences in Cape Town’s Foreshore, this beautifully appointed bachelor apartment offers a strong investment opportunity in one of the city’s most central and fast moving urban precincts.
The Foreshore has become one of Cape Town’s most important mixed use districts, positioned between the CBD, the harbour, the CTICC, major business nodes, and the routes leading towards the V&A Waterfront, Atlantic Seaboard, and Southern Suburbs. Once reclaimed from the sea as Cape Town expanded, the area has grown into a modern city gateway where hotels, apartment buildings, offices, restaurants, and conferencing spaces all form part of the daily rhythm of the city.
The Rockefeller brings a polished hotel lifestyle to this setting, offering the convenience of a professionally managed hospitality environment with the flexibility of sectional title ownership. For investors, this creates more than one route to income, with the option to participate in the hotel rental pool, consider a long term rental arrangement through the hotel operator, or manage the letting independently.
This unit is one of the larger bachelor layouts in the building, which is particularly relevant for the hotel rental pool, where the size and category of the apartment can influence the owner payout. Based on current rental pool performance, the apartment has achieved an attractive yield of approximately 11%, making it a compelling option when compared with many traditional Cape Town rental investments.
The apartment itself is a stylish hotel bachelor unit, designed for simple, comfortable stays. It includes a large bed, air conditioning, an ensuite bathroom, space for a mini fridge, and the expected hotel style finishes and conveniences that make the unit easy to occupy, easy to let, and easy to maintain.
Residents and guests enjoy access to the hotel’s lifestyle amenities, including pool areas, a gym, bars, excellent security, and hotel parking. The building’s hospitality offering adds to the appeal for both short stay guests and longer term occupants, giving the property a level of service and convenience that ordinary apartment blocks often cannot match.
This is an ideal opportunity for an investor wanting exposure to Cape Town’s CBD and Foreshore market, with flexible rental options, a professionally managed hotel environment, and a larger bachelor layout in a well known apartment hotel address.
Viewings and further investment information are available by appointment. Please contact Marc to discuss the opportunity and arrange access.
ERF Size 30 m²
Building Size 30m²
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Michael Moffett
c. 0810432180
michael.moffett@rawson.co.za
Marc Wilson
c. 0617786947
marc.wilson@rawson.co.za
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