Large Hotel Pool Studio Investment | The Rockefeller, Foreshore
A generously sized 37m² studio on the 4th floor of The Rockefeller, one of the Foreshore’s most sought-after hotel-residential addresses, managed by the Newmark Hotel Group. Larger than most studios in the building, it offers more room to live, stay and relax.
This unit is already enrolled in the Newmark Hotel Group rental pool under a variable lease, so you can step straight into hands-off, hotel-managed income from day one. There’s no furnishing, setup or guest management to arrange. (Please note the building is not Airbnb-friendly, and this is a genuine advantage rather than a drawback, see below.)
Why the hotel pool beats an Airbnb:
The hotel pool consistently runs at approximately 80 to 100% occupancy and performs well even in the off-season. Compare that to Cape Town’s increasingly oversaturated Airbnb market, where occupancy is softening and owners typically pay around 20% in management fees. In the hotel pool you’ll pay roughly 8%, less than half. There’s also a regulatory tailwind: the City of Cape Town is moving to charge properties used primarily for short-term letting commercial municipal rates, so Airbnb operators face rising costs and tighter rules that Rockefeller owners sidestep entirely.
Owners enjoy a rooftop pool, Technogym facilities, high-speed fibre, 24-hour security, and a prime address that draws leisure and corporate guests year-round. You’re moments from the V&A Waterfront, the CBD, De Waterkant and Green Point.
If you want a turnkey, income-producing investment in one of Cape Town’s best-known hotel-residential buildings, this large studio is well worth viewing.
This unit is already enrolled in the Newmark Hotel Group rental pool under a variable lease, so you can step straight into hands-off, hotel-managed income from day one. There’s no furnishing, setup or guest management to arrange. (Please note the building is not Airbnb-friendly, and this is a genuine advantage rather than a drawback, see below.)
Why the hotel pool beats an Airbnb:
The hotel pool consistently runs at approximately 80 to 100% occupancy and performs well even in the off-season. Compare that to Cape Town’s increasingly oversaturated Airbnb market, where occupancy is softening and owners typically pay around 20% in management fees. In the hotel pool you’ll pay roughly 8%, less than half. There’s also a regulatory tailwind: the City of Cape Town is moving to charge properties used primarily for short-term letting commercial municipal rates, so Airbnb operators face rising costs and tighter rules that Rockefeller owners sidestep entirely.
Owners enjoy a rooftop pool, Technogym facilities, high-speed fibre, 24-hour security, and a prime address that draws leisure and corporate guests year-round. You’re moments from the V&A Waterfront, the CBD, De Waterkant and Green Point.
If you want a turnkey, income-producing investment in one of Cape Town’s best-known hotel-residential buildings, this large studio is well worth viewing.
Monthly Levy
R1,650
Monthly Rates
R1,200
Total
R2,850
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Faircape Sales and Leasing website is accurate and up to date, Faircape Sales and Leasing makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
