Property
South Africa

1

Beds

1

Baths

42 m²

Floor area

Apartment 1 bed 1 bath 42 m²

About this property

Positioned on the 13th floor of The Rockefeller Hotel in Cape Town's vibrant Foreshore precinct, this fully furnished 42 m² studio apartment offers an exceptional investment opportunity with immediate rental appeal.

The unit is finished to a boutique-hotel standard, featuring a king-size bed with a sculpted green velvet upholstered headboard, warm timber wall panelling with integrated LED mood lighting, engineered wood-look flooring, and curated original artwork throughout. A compact kitchenette/minibar area with dark cabinetry and a coffee station is tucked neatly behind sliding wardrobe doors, while a slim writing desk and velvet accent chair provide a functional work corner. A wall-mounted flat-screen television, bedside telephone, and dual roller-blind-and-sheer window treatments complete the contemporary fitout.

Large black-framed windows admit generous natural light and frame city-building views, reinforcing the urban hotel aesthetic. The open-plan layout maximises every square metre, making the unit equally suitable for short-stay hospitality, extended corporate lets, or buy-to-let investment.

As part of The Rockefeller Hotel, residents and guests benefit from 24-hour concierge service, top-tier security, secure parking, and on-site restaurants — including the Royal Cape Yacht Club Tavern of the Seas just ±260 m away. The Esplanade MyCiTi station is roughly 490 m on foot, placing the Cape Town CBD, CTICC, and the V&A Waterfront all within easy reach. A Spar supermarket at Woodstock Quarter is approximately 630 m away, adding everyday convenience.

With no setup costs required and strong short- and long-term rental demand in one of the city's highest-footfall precincts, this lock-up-and-go unit delivers the ideal combination of lifestyle appeal and portfolio yield.

Rooms & layout

Bedroom 1
Bathroom
Lounge
Kitchen

Features & amenities

Fully furnishedSecurityConciergeRestaurantsParkingModern finishesInvestment propertyRental ready24 hour conciergeHotel grade security

Price & ownership

Asking price R 2 850 000
Price per m² R 67 857
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 2,9M
Taxes + legal + admin fees R 147K

Rough split: 95.1% purchase price, 4.9% buying costs.

  • Asking price R 2 850 000
  • Transfer duty (est.) R 95 200
  • Deeds Office (transfer) R 2 477
  • Conveyancing (est., incl. VAT) R 49 235
  • Deeds lodgement R 52
  • Total indicative R 2 996 964

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 26 913 /month

Total paid over 20 years (deposit + repayments): R 6 744 220

Deposit 10% · R 285 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 2 565 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 850 000