Perched on the Foreshore at Harbour Place, The Rockefeller – a 395 apartment residential development by Ryan Joffe Properties and Narrative, provides upmarket hotel-style living with comprehensive, masterfully designed facilities. Scheduled for completion right in time for the Cape Town summer season, in early December 2021, the development is located on prime real estate next door to the R14-billion Harbour Arch mixed-use precinct development, within easy reach of the Cape Town International Convention Centre and the V&A Waterfront – a quick uber ride from a host of restaurants, shops, nightlife and cultural attractions.
The Rockefeller is packed full of amenities that service residents and hotel guests’ every need. The ground floor boasts a double volume lobby, 24-hour concierge and security as well as 3 premium restaurant offerings. At the Corner Deli, you’ll find artisan coffee, salads, wraps, pastries, and a range of other delicious snacks in eco-friendly ready-to-go packaging, while The Empire serves wholesome breakfasts, wood-fired pizzas, juicy burgers and mouth-watering Lindt white chocolate cheesecake. Prime Cut Steakhouse and Seafood is an intimate 40-seater grill serving wet- and dry-aged beef, shellfish and Knysna oysters accompanied by a world-class wine list. Alternatively, diners can grab a light bite at the standing Miso Sushi and Noodle Bar. There’s also a reasonably priced convenience store and room service available. One floor up, you’ll find the fitness centre, drop & go laundromat, conference facilities and meeting rooms, as well as the Ideas Cartel, a world-class co-working space for residents and hotel guests.
Beyond that, The Rockefeller’s 395 beautifully designed luxury apartments stretch up over 18 floors before culminating in the magnificent rooftop Skye Bar and pool with sweeping views of Table Bay, the city and Table Mountain. The swimming pool has been specifically designed to be enclosed by large windows and a retractable roof to make it available for use throughout the year. Newmark Hotels facilitates and manages the hotel rental and has a wide range of premium units that are impeccably appointed with lavish décor accents offering a stately refuge from the inner-city bustle. Epitomising the city’s penchant for cosmopolitan fashion, its design is inspired by a sleek, modern aesthetic that adds to its majestic setting.
Priced from R1,515million including Vat, apartments at The Rockefeller are the perfect choice for investors looking to bolster their portfolio. To make things even more appealing, the developer is offering buyers a four-year rental guarantee returning a *7% net yield for a period of 48 months. This is arguably the first time a guarantee of this length has been offered in the Mother City where investment apartments are in abundance.
Now is the time. With historically low interest rates, four-year rental guarantee and 7% net return – these already luxury apartments are now even more sought after than ever before. Just as every detail of The Rockefeller is designed to take the stress out of city living, so this deal is designed to take the stress out of investing in rental property.