1 Bedroom Apartment / flat for sale in Cape Town City Centre

Secure your stake in one of Cape Town's most sought-after hospitality addresses — The Onyx Apartment Hotel, positioned directly opposite the Cape Town International Convention Centre on Heerengracht Street. This fully furnished 8th floor studio forms part of a professionally managed rental pool operated by Newmark Hotels, delivering consistent monthly income with zero management required from the owner. Based on 2026 actual trading figures, the building achieves a net yield of ±10% — backed by real performance, not projections. Price includes VAT. No transfer duty payable — making this one of the most cost-efficient entry points into a prime Cape Town hospitality asset. The Foreshore is Cape Town's fastest-evolving urban node, with the R14 billion Harbour Arch development and CTICC East expansion driving sustained short-stay demand well into the future. Own, earn, and let Newmark Hotels do the rest. Additional units available individually. Full portfolio of 5 units also available for strategic buyers seeking ±R1.6M net annual income at ±10% net yield. Price inclusive of VAT — no transfer duty payable Fully furnished & equipped (furniture, appliances, linen & kitchenware included) 8th floor studio — open-plan bedroom, living area & kitchenette Private en-suite bathroom (shower, basin & toilet) Professionally managed rental pool — Newmark Hotels ±10% net yield based on 2026 actual trading income