NO TRANSFER DUTY
Web Ref RL3734
R3,182,107
Monthly Bond Repayment R31,236.94
Calculated over 20 years at 10.25% with no deposit.
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No Transfer Duty. VAT Inclusive. Earning from Day One.
Rarely does an investment this clean come to market. This fully furnished studio at The Onyx Apartment Hotel offers sectional title ownership in one of Cape Town's most strategically located hospitality buildings — directly opposite the Cape Town International Convention Centre on Heerengracht Street, Foreshore.
The unit forms part of a professionally managed rental pool under Newmark Hotels, one of South Africa's leading hospitality operators. You own the asset. They run it. Monthly distributions land in your account — no letting agents, no tenant management, no hassle.
The numbers speak for themselves. Based on verified 2026 trading figures, the building delivers a net yield of ±10% — not a forecast, not a projection, but actual income already being generated. The purchase price is inclusive of VAT with no transfer duty payable, significantly reducing your all-in acquisition cost compared to a standard residential purchase.
The Foreshore precinct is undergoing a generational transformation. The R14 billion Harbour Arch mixed-use development and the CTICC East expansion are already underway, cementing this node as Cape Town's most dynamic address for short-stay accommodation demand.
Additional units available. A full portfolio of 5 units is also on offer for the strategic buyer seeking ±R1.6M net annual income.
FEATURES
Private en-suite bathroom — shower, basin & toilet
Managed rental pool — operated by Newmark Hotels
±10% net yield — verified 2026 actual trading income
Sectional title — individual ownership with registered title deed
General Business 6 zoning — hotel & short-stay use permitted
Residents' gymnasium, lounge & concierge services
Secure basement parking available
The unit forms part of a professionally managed rental pool under Newmark Hotels, one of South Africa's leading hospitality operators. You own the asset. They run it. Monthly distributions land in your account — no letting agents, no tenant management, no hassle.
The numbers speak for themselves. Based on verified 2026 trading figures, the building delivers a net yield of ±10% — not a forecast, not a projection, but actual income already being generated. The purchase price is inclusive of VAT with no transfer duty payable, significantly reducing your all-in acquisition cost compared to a standard residential purchase.
The Foreshore precinct is undergoing a generational transformation. The R14 billion Harbour Arch mixed-use development and the CTICC East expansion are already underway, cementing this node as Cape Town's most dynamic address for short-stay accommodation demand.
Additional units available. A full portfolio of 5 units is also on offer for the strategic buyer seeking ±R1.6M net annual income.
FEATURES
Private en-suite bathroom — shower, basin & toilet
Managed rental pool — operated by Newmark Hotels
±10% net yield — verified 2026 actual trading income
Sectional title — individual ownership with registered title deed
General Business 6 zoning — hotel & short-stay use permitted
Residents' gymnasium, lounge & concierge services
Secure basement parking available
Features
Pets Allowed
No
Interior
Bedrooms
0.5
Bathrooms
1
Kitchen
1
Reception Rooms
2
Study
1
Furnished
No
Exterior
Security
Yes
Parkings
1
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
39m²
Land Size
39m²
