R950,000

R950,000

1 Bedroom Apartment For Sale in Century City
1
Bedrooms
1
Bathrooms
Exclusive Mandate
409 The Colosseum, 04 Ratanga Road
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Luxury Apart - Hotel Suite Investment Opportunity

Web Ref. RL330
Floor size 41.00 m²
Monthly Bond Repayment
R9,484.60
Quay 1 International Realty is proud to present this exceptional Apart-Hotel Suite investment opportunity, offering investors an attractive average net rental return of approximately 5.5% after all operating costs — including refurbishment contributions, levies, rates, and management fees. In addition, owners enjoy 28 days of complimentary holiday accommodation per year, with an estimated value of ±R70 000, bringing the effective annual return to approximately 11%.

This beautifully appointed Deluxe Suite offers both comfort and functionality, featuring a king-size bedroom, a separate living area, and an open-plan kitchenette ideal for light meal preparation. The suite enjoys sweeping views across the vibrant Century City skyline and the picturesque Durbanville Hills — one of Cape Town’s renowned wine regions.

Spanning approximately 40m², the suite is fully equipped with air-conditioning, a dedicated work desk with international plug points, complimentary Wi-Fi, telephone, flat-screen TV, and an elegant open-plan en-suite bathroom complete with a freestanding bath and separate shower.

Please note: This is a cash-only investment opportunity, as financial institutions do not provide mortgage finance for units operating within a hotel rental pool structure.

Investing at Colosseum Luxury Hotel

The rental pool structure offers investors a simple, professionally managed ownership experience:

The suite forms part of the hotel’s permanent rental pool and cannot be privately managed or removed from the pool.
Owners are entitled to 28 days of personal usage annually, with the option to exchange this time through RCI.
During owner usage periods, the suite is temporarily removed from the rental pool.
Owners receive 29% of total room revenue generated by their suite.
The hotel management company covers all operational and running costs from their 71% share.
Owners remain responsible for levies and rates; however, these are administered and paid on the owner’s behalf by the hotel.
10% of the owner’s rental income is allocated toward an ongoing refurbishment fund, ensuring the suites remain in premium condition.
Rental income distributions are paid quarterly.
Owners receive quarterly newsletters and operational updates from management.
The hotel comprises 69 luxury units, including deluxe suites, executive suites, family rooms, 2- and 3-bedroom suites, and penthouses.
The property is fully supported by a backup generator.
Parking facilities include 50 undercover bays and 20 open parking bays.

Disclaimer: Every effort has been made to ensure the accuracy of the information provided. However, all information is supplied for marketing purposes only and may be subject to errors, omissions, price changes, prior sale, or withdrawal without notice.
Monthly Levy R1,106
Monthly Rates R850
Total R1,956

Features

Interior
1 Bedroom
1 Bathroom
1 Kitchen
1 Lounge
Furnished
Exterior
1 Parking (Secure Parking)
Pool
Security
Scenery / Views
Sizes
Floor Size 41 m²
Listing Info
Date Listed 23-01-26

Century City, Milnerton

Google map for 1 Bedroom Apartment For Sale in Century City

Disclaimer

While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty 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.