NEW
Web Ref RL3719
R3,547,500
Monthly Bond Repayment R34,823.79
Calculated over 20 years at 10.25% with no deposit.
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Exclusive Investment Opportunity at The Onyx | 5 Units Available
Exclusive Investment Opportunity at The Onyx | 5 Units Available
A rare chance to secure one or more of five premium apartments in The Onyx Apartment Hotel, perfectly positioned in Cape Town’s high-demand Foreshore precinct, directly opposite the CTICC.
This unique offering includes 5 fully furnished units on the 8th floor (3 studios, 1 one-bedroom, and 1 apartment), giving buyers the flexibility to purchase individually or secure the entire portfolio.
For the individual investor, each unit offers a turnkey, income-generating asset within a professionally managed rental pool—ideal for those seeking hands-off returns in a prime location.
For the strategic buyer, acquiring multiple units—or all five—unlocks a powerful portfolio play, delivering approximately R1.6 million net annual income with a target yield of ±10%, backed by consistent short-term rental demand and hotel management.
FEATURES:
5 Units Available: 3 Studios, 1 One-Bedroom, 1 Apartment
Total Size: 226m² across all units
Fully Furnished & Equipped – ready for immediate letting
Professionally Managed Rental Pool (Newmark Hotels)
±R1.6 Million Net Annual Income (Portfolio)
Target Yield of ±10%
Hands-Off Investment with Income Distributed Monthly
Note: the sale of the company (share transfer) and/or the sale as a going concern would not attract VAT.
A rare chance to secure one or more of five premium apartments in The Onyx Apartment Hotel, perfectly positioned in Cape Town’s high-demand Foreshore precinct, directly opposite the CTICC.
This unique offering includes 5 fully furnished units on the 8th floor (3 studios, 1 one-bedroom, and 1 apartment), giving buyers the flexibility to purchase individually or secure the entire portfolio.
For the individual investor, each unit offers a turnkey, income-generating asset within a professionally managed rental pool—ideal for those seeking hands-off returns in a prime location.
For the strategic buyer, acquiring multiple units—or all five—unlocks a powerful portfolio play, delivering approximately R1.6 million net annual income with a target yield of ±10%, backed by consistent short-term rental demand and hotel management.
FEATURES:
5 Units Available: 3 Studios, 1 One-Bedroom, 1 Apartment
Total Size: 226m² across all units
Fully Furnished & Equipped – ready for immediate letting
Professionally Managed Rental Pool (Newmark Hotels)
±R1.6 Million Net Annual Income (Portfolio)
Target Yield of ±10%
Hands-Off Investment with Income Distributed Monthly
Note: the sale of the company (share transfer) and/or the sale as a going concern would not attract VAT.
Features
Pets Allowed
No
Interior
Bedrooms
1
Bathrooms
1
Kitchen
1
Reception Rooms
2
Study
1
Furnished
No
Exterior
Security
Yes
Parkings
1
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
50m²
Land Size
50m²
