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R1,495,000 | 0.5 Bedroom Apartment For Sale in Cape Town City Centre

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R1,495,000

Monthly Bond Repayment R14,925.77
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Levy
R875
Monthly Rates
R684

0.5 Bedroom Apartment For Sale in Cape Town City Centre

New kid on the block, completed merely in 2022, these luxury units are designed to be enjoyed!

The Rockefeller comprises of 395 expertly designed luxury apartments spread over 18 storeys, located on the Cape Town Foreshore. Investors can take advantage of the comprehensive list of in-house amenities such as a heated pool, restaurants, conference rooms, gym, and lounge bar.

The ground floor comprises of 24-hour concierge and hotel reception, a fine-dining restaurant, laundromat and world-class fitness centre/gym. The 1st to the 17th floor is reserved for hotel suites and apartments, with the 18th floor consisting of penthouses and the superb rooftop studio bar and heated pool, with jaw-dropping views of the ocean, city and mountain.

Three (3) options offered on the units:
1. Long Term Rental Example:
• Purchase Price: R1 800 000 (Includes +-R150 000 furniture & appliances)
• Estimated Gross Monthly Income: +-R11 000pm
• Levies: R875
• Rates: R684

2. Hotel Investment Example:
• Purchase Price: R1 800 000 (Includes +-R150 000 furniture & appliances)
• Estimated Gross Monthly Income: *R30 150
• Management Costs: R12 060
• Levies: R875
• Rates: R684
• Estimated Monthly Net Income: R16 531
• Estimated Capital Growth: 6%
• Estimated Combined Annual Return: 18.4%
• *ADR: R1 525
• Occupancy: 65%
• Operating Costs: 40%
• Source: 2022/23 Annual PWC Hotel Report

3. Owner-occupier
• Enjoy all that The Rockefeller has to offer and live in your luxury apartment in one of the most exciting cities in the world!

Property Highlights:

• 395 luxury apartments
• 24hr security & concierge
• Technogym fitness centre
• High-speed fibre connectivity
• Air conditioning units
• Keyless entry
• World-renown Newmark Hotels
• Hotel rental pool
• Hotel reception
• Conference facilities & boardrooms
• Furniture packages available
• Rockefeller Plaza Restaurant
• Top floor indoor swimming pool
• Offsite laundry facilities
• Backup power generator
• Parking bays for rent
• Lift Access

Features

0.5
1
1
Pets Allowed
No
Interior
Bedrooms
0.5
Bathrooms
1
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Garages
1
Security
Yes
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
25m²
Land Size
25m²
Extras 24 Hour Access; Fibre; Guard; Mountain
Jonathan Fell
Jonathan Fell
Principal Property Practitioner Show number View my listings WhatsApp
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