0.5 Bedroom Apartment For Sale in Cape Town

Property description

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