1 Bedroom Apartment For Sale in Cape Town

Property description

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.