Property

Final units go on sale at one of Cape Town’s top-performing hotel developments

Kirsten Minnaar • 13 June 2026

Cape Town’s Foreshore-based The Rockefeller has released its final 60 developer-held units, offering investors apartments from R1.745 million in a fully operational hotel-residential development.

The Rockefeller occupies a prime position within the Foreshore, one of the city’s fastest-growing urban nodes and a key gateway between Cape Town’s CBD, the V&A Waterfront and the Atlantic Seaboard.

Developed by Yieldex, the building is well-positioned within the city to benefit from both business and leisure travel demand.

It is directly connected to major transport routes and is in close proximity to the Cape Town International Convention Centre, transport hubs, commercial headquarters, tourism attractions, and the V&A Waterfront corridor.

As ongoing public and private investment continues to reshape the Foreshore into a vibrant mixed-use precinct, demand for well-located accommodation and hospitality-led property assets is expected to remain strong.

Yieldex director Dani Machet explained that The Rockefeller offers investors more security than other residential developments.

“Unlike traditional off-plan property investments, The Rockefeller offers investors immediate participation in an operational asset with an established trading history and proven net yields of up to 11%,” Machet said.

“This is an investment that is real and tangible right now, not something you’re hoping and waiting to come to fruition and see what your returns actually are”.

Since opening in 2021, the development has built a strong and diversified customer base comprising local and international business travellers and leisure guests.

In November 2025, the development recorded an occupancy of 94%, and it has maintained a consistent year-round average of 76%.

This operational maturity provides buyers with access to real performance data, established management systems and proven demand.

Owners have the flexibility to utilise their apartments personally or participate in Newmark Hotels’ professionally managed hotel rental pool.

This allows them to benefit from short-term accommodation demand while enjoying a hands-off ownership experience.

The model is designed to generate income from day one, supported by professional hospitality management, active marketing, centralised reservations and an experienced operational team.

Appeal for both residents and investors

Cape Town continues to outperform many global tourism destinations, supported by growing visitor numbers, increasing international recognition and ongoing demand for quality accommodation.

The Rockefeller has already demonstrated its ability to capitalise on these trends, delivering strong occupancy levels and consistent operational performance.

Its established hotel platform, diversified guest profile and location within a high-growth precinct position the development to benefit from continued tourism growth, business travel recovery and urban regeneration.

Units range from approximately 30 square metres, with entry prices starting at R1.745 million for a studio apartment.

A flagship Rockefeller Sky Villa on the 19th floor, encompassing the entire floor and featuring a private lift, jacuzzi, sauna, and ice bath, is listed at R24.9 million.

Transfer of ownership for these existing units is expected within 60 days of financial guarantees being in place, eliminating typical development risk.

Beyond its investment appeal, The Rockefeller delivers a lifestyle experience designed around convenience, flexibility and modern urban living. Residents and guests enjoy access to a full suite of hotel-style amenities.

This includes conference and co-working facilities, concierge services, restaurants, fitness facilities, high-speed connectivity, and rooftop leisure spaces with panoramic city, mountain, and ocean views.

This contemporary live-work-play environment appeals equally to business travellers, remote workers, holidaymakers and long-stay residents, creating multiple layers of demand.

“The final 60 developer units create a time-sensitive opportunity for investors to participate in a functioning hotel-apartment asset positioned within Cape Town’s broader growth, tourism and urban investment story,” Machet added.

The official public release of the final 60 developer-held units at 11 am on 14 July 2026 represents the last opportunity to purchase directly from the developer within The Rockefeller.