Amdec Group · Cape Town
The Yacht Club
Waterside living on the Roggebaai Canal, minutes from the V&A Waterfront.
- Price from
- R 1 750 000
- Gross yield
- 9.1% gross / 7.0% net
- Projected ROI
- 11.9% p.a. blended
- Completion
- Completed
Overview
Canal-side Apartments in Cnr Dock & Coen Steytler Avenue, Roggebaai Canal
The Yacht Club places apartments, a boutique hotel and canal-front restaurants on the water's edge between the CBD and the V&A Waterfront. Units are compact and efficiently planned for the short-let market, with high-specification finishes and generous glazing to the canal.
- One of Cape Town's top-performing short-let addresses
- Canal-front restaurants and hotel within the same precinct
- Walking distance to the V&A Waterfront and Cape Town ICC
- Highly efficient unit plans built for holiday letting
- Established body corporate with strong reserve fund
Unit schedule
Prices, sizes and returns
| Unit type | Size | Price | Deposit | Monthly bond | Term | Est. rental | ROI |
|---|---|---|---|---|---|---|---|
| Studio | 30 – 36 m² | R 1 750 000 | R 175 000 | R 16 500 | 240 months (20-year bond) | R 13 500 pm | 9.3% gross |
| 1 Bedroom | 44 – 55 m² | R 2 350 000 | R 235 000 | R 22 200 | 240 months (20-year bond) | R 18 000 pm | 9.2% gross |
| 2 Bedroom | 74 – 90 m² | R 3 850 000 | R 385 000 | R 36 400 | 240 months (20-year bond) | R 28 500 pm | 8.9% gross |
| 3 Bedroom | 120 – 145 m² | R 5 950 000 | R 595 000 | R 56 200 | 240 months (20-year bond) | R 42 000 pm | 8.5% gross |
Bond repayments modelled at the current South African prime rate of 11.25% over 20 years. Figures are indicative and subject to bank approval.
Payment plan
Off-plan construction-linked plan
10% deposit on signature of the sale agreement
Balance secured by an approved bank guarantee or bond grant within 30 days — no further cash instalments during construction
90% payable on transfer and occupation certificate
Bond pre-approval available through Standard Bank, FNB, Absa, Nedbank and Investec
No transfer duty payable on new developments — VAT is included in the purchase price.
Investment analysis
Model your return
- Gross rental yield
- 9.26%
- Net rental yield
- 7.22%
- Net annual income
- R 126 360
- Cash invested
- R 175 000
- Value in 5 years
- R 2 341 895
- 5-yr return on equity
- 699%
Assumes 22% of gross rental absorbed by levies, rates, management and vacancy. Illustrative only — not financial advice.
Gallery
Renders, interiors and site progress
Programme
Construction timeline
- Completed
Land acquisition & rights approved
Complete
- Completed
Bulk earthworks & piling
Complete
- Completed
Basement & podium structure
Complete
- Completed
Superstructure & topping out
Complete
- In progress
Facade, glazing & fit-out
Complete
- Completed
Practical completion & transfer
Scheduled
Amenities & location
What surrounds the building
Amenities
- 24/7 manned security & biometric access
- Backup power and water infrastructure
- Rooftop infinity pool & sun deck
- Fully equipped fitness studio
- Co-working lounge and boardroom
- Concierge and parcel management
- Fibre-ready throughout
- Secure basement parking
- Landscaped podium gardens
- Pet-friendly policy
Schools
- Rustenburg Girls' High (4.5 km)
- SACS Junior School (5 km)
- German International School (3 km)
Healthcare
- Christiaan Barnard Memorial Hospital (1.2 km)
- Netcare Christiaan Barnard (1.5 km)
- Groote Schuur (4 km)
Retail
- V&A Waterfront (2.5 km)
- Gardens Centre (2 km)
- Cape Quarter (1.8 km)
Transport
- Cape Town Station (900 m)
- MyCiTi Civic Centre (600 m)
- CTIA Airport (18 km)
FAQs
Common questions
Can foreign nationals buy at The Yacht Club?
Yes. Non-residents may purchase South African property in their own name. Funds must be introduced through an authorised dealer bank and recorded as foreign capital so proceeds can be repatriated on resale. Non-residents typically qualify for a 50% loan-to-value local bond.
What is payable in addition to the purchase price?
New off-plan developments carry no transfer duty — VAT is included in the listed price. Buyers pay bond registration costs where a bond is raised, plus a first levy contribution and municipal deposit on occupation.
When is occupation expected?
Practical completion and first occupation are programmed for Completed, subject to the standard construction contract provisions.
Is my deposit protected?
All deposits are held in a Section 78(2A) interest-bearing attorney trust account in the purchaser's favour until transfer, and the development is registered with the NHBRC.
Do you assist with letting after transfer?
Yes. PrimeStone Rentals offers a full letting and management mandate covering tenant placement, compliance and monthly reporting at 8% of gross rental.