1 Bed Apartment 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 are 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 citys in the world!

Some special features:

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

Viewings strictly by appointment only.