What is The Rockefeller’s address?
Corner Christiaan Barnard Street & Martin Hammerschlag Way, Foreshore, Cape Town, 8000
Who are the developers?
Ryan Joffe Properties
https://www.rjproperties.co.za/
Founded in 2012, Ryan Joffe Properties is an owner-led boutique brokerage in Cape Town specialising in the sale, leasing, and auctioning of real estate across South Africa, with a focus on the Western Cape. Their track record in commercial, industrial, and investment property sales speaks for itself, and they are proud to be positioned as one of province’s foremost real estate agencies. The Ryan Joffe Properties team is made up of talented and experienced property brokers who bring an in-depth understanding of the property market, as well as an established network of clients and property investors to the table.
Narrative
https://narrative.co.za/
We’re a Johannesburg-based residential property development company that won’t bamboozle you with fluffy jargon and half-truths. No, we prefer to say it how it is. This is why, since our beginnings as Corporp, we’ve developed more than 1000 residential units that don’t just look and talk modern, they answer modern problems. Our properties don’t just work with the demands of a modern lifestyle; they’re built for it. It’s this sensibility that makes the hallmark of a Narrative property an impeccably stylish, light and spacious, perfectly situated home. And that’s just saying it how it is.
Who are the architects?
MLB
https://www.mlbarch.co.za/
Established in 1987, MLB has built up a reputation for maintaining a well-resourced and balanced professional team with a range of experience and skills. The firm maintains a strong focus on service efficiency, excellence, collaboration and delivery. Their focus in the quest to make a meaningful contribution to both the built environment and society is unwavering. They believe that good and aesthetically pleasing architecture can only be achieved from a healthy combination of economic, rational and steadfast design principles.
Who are the attorneys?
Strauss Daly
https://www.straussdaly.co.za/
Since opening its doors in 1984, Strauss Daly has grown, evolved and modernised to become one of the most prominent and progressive legal firms in South Africa. With a reputation for delivering excellence, the firm has had roots across the Western Cape since 1906, and boasts strong countrywide representation with offices in Umhlanga, Johannesburg, Bloemfontein, Pretoria, Gqeberha (formerly Port Elizabeth), while currently expanding into the rest of Africa.
Newmark Hotel at The Rockefeller
The Rockefeller is set to become an icon of contemporary elegance in the Mother City. This trendy hotel will be a plush oasis in the bustling Cape Town metropolis – the quintessential residence to live, work and play. Avant-garde and polished, The Rockefeller is urban luxury at its best, emanating glamour from the moment you step into its cavernous lobby. Once inside, The Rockefeller maintains a sense of privacy and sanctuary only accorded to those on the inside of its glass doors.
The hotel is 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.
The Rockefeller offers exceptional full-scale amenities and services including laundry, all-day dining, a coffee bar, deli, conference facility, resident DJ and a fully-equipped gym.
An exquisite rooftop pool will provide a scenic perch to nestle and soak up the illuminated city vistas and striking Table Mountain in the nearby distance. The hotel offers a discerning stay, within easy reach of the city’s best restaurants, boutique stores and cultural attractions.
How do I purchase an apartment?
There are two ways to secure your apartment of choice at The Rockefeller.
Visit our Reserve one online at http://sales.therockefeller.co.za and select your preferred apartment, complete your details and click reserve.
Alternatively, contact our sales team listed below and deal directly with them.
When is the completion date?
The estimated completion date is 15 December 2021
Is there a show unit?
Yes, book a tour of the development and show unit by contacting our sales team listed below.
What facilities does The Rockefeller offer?
- 24-hour security
- Hotel reception and concierge
- High-speed fibre connectivity
- Rooftop pool
- Fitness centre
- 3 restaurants with extensive menu offering
- Coffee shop
- Conference & boardroom facilities
- Rooftop bar and lounge
- Back-up generator
- Drop & Go laundry service.
- Ideas Cartel co-working space
Are short-term rentals/Airbnb bookings permitted?
To participate in the short term rental market, owners must enrol their units in the hotel rental pool which will be managed by Newmark Hotels. To protect the hotel’s standard, quality and consistency of the offering, owners will not be allowed to directly market their units for short-term rentals of less than three months.
Furniture & Appliance packs
Please enquire about our furniture packs
What security does The Rockefeller offer?
The building offers state-of-the-art security with 24/7 guarding, as well as 24-hour CCTV surveillance.
Is air-conditioning available?
All units are air-conditioned
Does my unit come with parking?
The unit is not sold with parking, but bays are available to rent. As the development is well located in a prime node, and easily accessible to nearby amenities, owners and tenants can easily make use of public transport and ride-hailing services.
How does the Rental Guarantee work?
A rental guarantee is a minimum rental income that the developer guarantees the purchaser when buying a buy-to-let property. The guarantee is net to the buyer, which means we pay levies, rates, and taxes.
In order for purchasers to take advantage of this offering, the following is required:
- The owner of the unit must purchase a furniture pack, costing between R120 000 and R150 000 (excluding VAT), depending on unit type.
- The developer will enter into a lease agreement with the owner for a period of four years, at a net yield of 7%.
- Calculations are based on the ex VAT purchase price
Download The Rockefeller Furnished Lease
*Terms & Conditions apply
What happens after the 4 year period is over?
Once the 4-year rental guarantee period is over, and if you’d still like your apartment to be managed by The Rockefeller, Newmark Hotels will continue to manage your apartment. The rental amount will no longer be a fixed, guaranteed amount but rather be determined by the hotel rental pool income. This can be discussed further with our sales team.
Why should I buy now?
- Guaranteed net rental for four years on selected apartments
- No transfer duty
- Begin earning a return as soon as your apartment transfers
How do I apply for a bond?
Simply visit www.therockefeller.co.za/mortgage-market
Who is the bond originator?
Our preferred bond originator is Mortgage Market.
Please let us know if we can assist you with a pre-approval or you are welcome to contact Linda Chiu at Mortgage Market on the following:
Email: linda@mortgagemarket.co.za
Cell: +27 83 391 4404
Tax Incentives
How does the Section 13Sex work?
Investors have access to powerful tax incentives, including the popular Section 13sex of the Income Tax Act No 58 of 1962. This scheme enables any taxpayer who owns five or more new, residential rental units, to claim up to 55% of the purchase price as a tax deduction.
Fitness Centre
The Rockefeller boasts a well-equipped gym with bikes, treadmills, stair climbing machine and various free weights.
Dining Options
The Empire
This trendy restaurant serves not only healthy and hearty breakfasts for the whole family, but also boasts a huge copper wood burning oven that delivers both thin, crispy pizza bases as well as Napoli artisan pizza made in the traditional method using Biga fermentation. The menu selection offers everything from delicious homemade pasta, free-range chicken, 28-day matured beef to sushi, sashimi, noodles and the freshest daily seafood catch selection, while burger fans will love the secret sauce and caramelised onion burgers, served on brioche buns with hand-cut chips. To accompany your meal, select a glass or bottle of wine from the thoughtful, reasonably priced wine list, or enjoy delicious cocktails made by the in-house mixologist. End a perfect meal with The Empire’s signature Lindt chocolate fondant or Lindt white chocolate Philly cheesecake.
Prime Cut Steakhouse and Seafood
Cape Town’s best-kept secret is out – Prime Cut’s cosy 40-seater grill and seafood room offers fantastic meat and fish with an exceptional wine list for the aficionado at the right prices. This white linen table cloth has both wet and dry-aged matured beef, juicy cuts of lamb, Tomahawk steaks and awesome handcrafted sauces including their signature red wine sauce. The seafood selection includes Knysna wild oysters, Portuguese sardines and Mozambican shellfish, calamari and local fresh catch of the day. Say goodbye to boring creamed spinach and butternut; try a side of mac and Gruyère cheese, or BBQ button mushrooms, hand cut artisan fries or banting cauliflower mash. Finish your meal with a decadent chocolate torte or jelly and custard, or a selection of local cheeses with a glass of straw wine and a great coffee.
Miso Sushi and Noodle Bar
Another authentic global restaurant, this Asian Sushi and Noodle Bar on the ground floor catering for sushi and noodle lovers is not to be missed. The secret is in the freshest fish, the best short-grain Japanese rice, original Kikkoman sauces and ingredients and a qualified itamae, or sushi master.
Corner Deli
Enjoy 24-hour convenience and Cape Town’s very best artisan coffee either as a grab and go or seated while you observe the Manhattan style hustle and bustle of Cape Town’s chicest new hotel. Corner Deli offers an array of freshly-baked muffins, pastries and cookies, as well as sandwiches, wraps, fresh salads, sushi, fruit, desserts and trendy snacks such as popcorn with flavourings like miso salt and vegan-friendly items including date balls and wraps, and 100 percent freshly squeezed fruit or vegetable juices – all in eco-friendly packaging.
Mr Scooter room service App
Order off our app and relax while Mr Scooter delivers quick, fast, fresh and delicious food to your room or suite.
The Cool Convenience Store
Who says all hotel minibars have to be a rip-off? Now you can buy your favourite slab of Cadbury’s, date balls, Kettle fried chips, nuts, sweeties, cookies and condoms at prices that don’t raise your eyebrows.
Studio Bar
Feel like an international jet setter at The Rockefeller’s exclusive rooftop pool bar. Watch the sunset or relax in the pool while the in-house mixologist creates signature cocktails. Party with your close friends or relax with your partner in one of the Mother City’s best locations with world-famous views of Table Mountain.
Apartment cleaning services
In partnership with hotel operator Newmark, your apartment cleaning needs can be catered to without the need for you to employ anyone. A rate card with the different levels of service and frequency is available.
Laundry
There will be a drop-off and collection service on the ground floor where you can choose from a range of affordable services, priced according to weight and urgency.
Rooftop bar and pool
Our rooftop pool is indoors and surrounded by large panel windows giving you sweeping views of the City and Harbour while blocking out the unnecessary wind.
Fibre
The building has a full fibre network, and those who opt to join can have this facilitated at an extra cost. Wi-Fi in the units requires an access point which will be included in the furniture pack.
Lift Access
There is lift access to all apartments as well as the rooftop pool and bar.
Does the building have backup power?
Yes, the building is equipped with two large generators.
What type of locks do the apartments have?
The developers have invested in Salto Electronic locks which offer the ultimate keyless experience, meaning owners and tenants gain access with their cell phone or alternatively, a key card.
Which hotel lifestyle benefits will I enjoy?
- Optimised rental management: leave us in charge of all aspects of rental management and maintenance of the communal areas – you do not have to manage anything yourself.
- Promotion of the property;
- Management of viewings and inspections;
- Finding tenants;
- Collection of rent (which is passed on to you each month, whether or not the property is let);
- Furnishing of the property, maintenance, management of any necessary repairs.
Who are the agents?
Emanuel Germanis
084 710 3456
emanuel@therockefeller.co.za
Sam Roberts
083 785 5505
sam@therockefeller.co.za
Narrative
Jamie Levin
074 562 6549
