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City Centre · Building price report

The Rockwell, City Centre: apartment prices, October 2026

7 Prestwich Street, a sectional-title scheme registered in 2008. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.

25 sales recorded in The Rockwell since 2023, median price R4.15m.

25 registered salesR50,000/m² median
Value my apartment in The Rockwell

Data: City of Cape Town public records, 25 registered sales, last updated October 2026.

By Samantha, Sellect · Sales registered Feb 2023 to Jul 2026 · Updated 21 October 2026 · Method
Gold: The Rockwell · grey: homes sold in City Centre since 2023

The Rockwell in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R4.15mMedian sale price since 2023 (84 m² median)
R50,000Median price per m² since 2023
15 salesR51,200Median price per m², 2025 and 2026
R49,400/m²+4 %Compared with the City Centre apartment median per m²
R2.70m to R6.20m25Registered sales since January 2023
R25,000/moEstimated rent for a median 84 m² unit
estimate7.2 %Estimated gross yield (4.7 % net)
What is your home worth in City Centre?Compare your unit with every sale in The Rockwell: a value range, the rent and the net yield, in 60 seconds. Free.
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1The building

About The Rockwell

The Rockwell is a seven-storey De Waterkant building dating from 2007, also listed as the Rockwell All-Suite Hotel, whose residents share a pool, a gym and on-site restaurants. By price per m², The Rockwell sits at number 1 of the 37 City Centre buildings with five sales or more since 2023, in the top fifth. Flats sold here since 2023 are mostly two- and three-bedroom sizes: a median of 84 m², from 44 m² to 185 m². The highest price registered here since 2023 was R6.20m, for a unit of 125 m², in Dec 2024. The sectional-title scheme was registered in 2008.

Source: Rockwell All-Suite Hotel (Successful Meetings) The Rockwell 613 (Come to Cape Town)

2Prices and trend

What The Rockwell sells for

Medians of registered sales. With a handful of sales a year, the mix of units sold moves these figures: read the trend with care.

Apartments in The Rockwell sell at about the City Centre median price per m². Units sold range from 44 m² to 185 m², with a median of 84 m². 25 sales were registered since January 2023, the most in 2025 (12). The median price per m² moved from R49,500 in 2023 and 2024 to R51,200 in 2025 and 2026, +3 %.

Floor, view and condition move the price of each unit: value your apartment in The Rockwell against these sales, free.

Median price per m² by year

R41k20234 salesR51k20246 salesR51k202512 salesR52k20263 sales

Number of sales under each year. 2026 is partial.

Against the neighbourhood

The RockwellR51,200
City Centre medianR49,400
Mandela Rhodes PlaceR35,500
The SquareR31,100
IconR37,500

Median price per m², sales since January 2025 where available. City Centre median: apartments sold since January 2025.

YearSalesMedian priceMedian price per m²
20263R4.70mR52,222
202512R4.10mR50,898
20246R3.90mR50,949
20234R4.01mR41,466
3Recent sales

Every sale registered in The Rockwell since 2023

Month of registration, unit size and price, as published by the City of Cape Town. Unit numbers and owners are not shown.

RegisteredSizePricePrice per m²
Jul 202676 m²R3.75mR49,276
Apr 202690 m²R4.70mR52,222
Mar 202684 m²R5.75mR68,452
Oct 202573 m²R4.20mR57,534
Aug 2025131 m²R4.40mR33,588
Aug 202579 m²R4.00mR50,633
Jun 202579 m²R4.50mR56,962
May 202552 m²R2.95mR56,731
May 202581 m²R3.30mR40,741
May 202562 m²R2.70mR43,548
Apr 202585 m²R4.75mR55,882
Apr 202584 m²R5.35mR63,690
Mar 202569 m²R2.95mR42,754
Feb 202586 m²R4.40mR51,163
Feb 202579 m²R3.35mR42,405
Dec 202444 m²R2.75mR62,500
Dec 2024125 m²R6.20mR49,600
Nov 202457 m²R3.05mR53,509
Apr 202493 m²R3.50mR37,634
Mar 202487 m²R4.30mR49,425
Feb 202487 m²R4.55mR52,299
Sep 2023185 m²R4.15mR22,432
Sep 202384 m²R4.20mR50,000
May 202394 m²R3.80mR40,426
Feb 202391 m²R3.87mR42,505
4Rent and yield

What a unit in The Rockwell would earn

Estimates, not observed rents: Sellect model from the price level, the same as in your free report.

Estimate

Rent for a median unit

R25,000 /month

A 84 m² unit at the building median of R4.15m would rent for about R25,000 a month: a gross yield of about 7.2 % and about 4.7 % net, after rates, levies, management and empty months.

Rates at the City’s 2026/27 residential rate, levies estimated at R45 per m² a month, management 8 %, vacancy 4 %.

Your unit

Value your flat in The Rockwell

Your floor, view, size and condition move the price. Your free report compares your unit with every sale in The Rockwell and gives a value range, the rent and the net yield, in 60 seconds.

Value my flat in The Rockwell

Own a flat in The Rockwell?

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Frequently asked questions

How much does an apartment in The Rockwell cost?

Since January 2023, 25 apartments were registered as sold in The Rockwell, City Centre, at a median of R4.15m for 84 m², or R50,000 per m². Prices ranged from R2.70m to R6.20m.

Is The Rockwell expensive for City Centre?

Units in The Rockwell sell for a median of R51,200 per m², 4 % above the City Centre apartment median of R49,400 per m² for sales since January 2025.

What rent can I get for a flat in The Rockwell?

About R25,000 a month for a 84 m² unit, a gross yield of about 7.2 % (4.7 % net). This is a Sellect estimate from the price level; your free report adjusts it to your unit.

Where do these figures come from?

From sales registered at the Deeds Office and published by the City of Cape Town, analysed by Sellect. Bundles, parking bays, storerooms and implausible prices are excluded. Figures are medians and indicative, not a valuation.

Nearby buildings

Other buildings in City Centre

Sources and method. City of Cape Town, registered sales and 2025 General Valuation Roll, analysed by Sellect; data updated 21 October 2026. Sales are shown per building, without unit numbers or owners’ names. Rents and yields are Sellect estimates. Figures are indicative, not a valuation.