Developers: Incocure

Architect: MLB Architects

Conveyancers: Strauss Daly

Bank: Investec

Hotel Management: Newmark Hotels

Hotel Rental Management: RHGP

Body Corporate Management: Mafadi Property Management

Yes, purchase 5 apartments or more and you can deduct up to 55% of your total purchase price from your taxable income over 20 years.

Yes, The Rockefeller is complete and fully operational. It opened to the public in 2021.

Newmark Hotels manages the day-to-day operations of the hotel. Owners of hotel units will receive a monthly statement of income and expenses.

A body corporate has been formed and currently manages property ownership in The Rockefeller. Mafadi Property Management runs the Body Corporate.

City of Cape Town. Being within the city, which is a high business and tourist node, The Rockefeller enjoys uninterrupted power in Cape Town’s load shedding free zone.

The owner is responsible for water and rates payments.

Foreshore is included in the Cape Town Central City Improvement District (CCID). Property owners are required to pay a special levy to support supplementary municipality services such as security management and patrols, upkeep of public spaces through street sweeping and litter removal, urban management and social projects.

The owner will pay body corporate levies to The Rockefeller Body Corporate. The first payment is due in the first month of transfer.

Yes, owners are welcome to enjoy stays at The Rockefeller. While your specific unit will usually be occupied by hotel guests, our management team may, subject to availability, offer you a discounted stay in one of the hotel units. This offer is valid up for to 21 calendar days per year.

Yes, you are welcome to use the facilities subject to the same rules that apply to hotel guests as set out by hotel management and body corporate rules, and subject to availability. You may use the gym, pool, restaurant and other facilities. You will be required to book and pay for any services as applicable.

Being within a managed precinct, The Rockefeller enjoys the triple-tier security of CCID security, The Rockefeller 24-hour security presence and CCTV, and strict guest check in procedures with individual keycard access for each room.

The development is fully compliant with the local fire safety requirements. All SANS fire requirements are in place, including hose reels, hydrant points, ventilation, and fire doors.

Yes, The Rockefeller falls under the Sectional Title Act. For further information on the Act, kindly go to acts.co.za.

Yes. All units are fully furnished and ready for occupation. The cost of the furniture package is already included in the purchase price, with no additional charge to the purchaser.

The development’s designated conveyancers are: Strauss Daly Attorneys.

An initial non-refundable reservation fee of R10 000 (incl. VAT) is payable to secure the reservation of each apartment.

Upon signature of the contract of sale, two payment options are available:

Option 1:

10% Deposit due within 3 (Three) days of Signature Date and mortgage bond approval due within:

1. 14 (Fourteen) Business Days from Signature Date for individuals; or
2. 21 (Twenty-One) Business Days from Signature Date for juristic entities.

Option 2:

30% non-refundable Deposit within 3 (Three) days of Signature Date followed by either:

1. a Guarantee issued from an approved financial institution within 21 (Twenty-One) days of Signature Date; or
2. a cash payment into the Conveyancers’ trust account within 21 (Twenty-One) days of the Conveyancers’ request.

Once guarantees are in place, the unit can transfer immediately.

Kindly request this from our Development Sales Team.

To move your unit from long stay to the Hotel ‘Pool’ and start earning short-term returns, a fee of R5 719.88 is required. Simply reach out to us and we will guide you through the process.