Welcome to The Tokyo

The Tokyo is a 148 unit residential development by highly-acclaimed Rawson Developers, offering hotel-style living apartments in the Cape Town City Centre, influenced by Japan’s futuristic capital.

Studio Apartments selling from R950,000 – R1,790,000 
Studio Apartments selling from R950,000 – R1,790,000 
Studio Apartments selling from R950,000 – R1,790,000 

Price List Now Available
Sales Launch on 16 March 2021

-1165Days -7Hours -21Mins -17Secs

We are excited to announce that the interactive price list is now live. Here you can easily browse the available units with floor plans and 3D renders of each unit. You can also easily shortlist your favourite units so that on launch day you can simply reserve your selected unit/s with one click of a button.



  • 148 apartments over 15 floors
  • Luxury studio-apartments from 26m2 – 51m2
  • Biometric access control & 24hr CCTV surveillance
  • 24hr concierge service
  • Ground floor restaurant & cafe
  • Fitness Centre
  • Rooftop sunset terrace with pool & braais
  • Business lounge with wifi
  • Optional airconditioning
  • Furniture packages available on request

Investment Calculation Example


8th Floor | 35m2 Unit

Sales Price: R1 420 000
10% Deposit:
R142 000
90% Bond: R1 278 000

20 YEAR BOND (7%)
Bond Repayment:
R9 908
Rates, Levies & CID:
R1 753
= Total Monthly Cost: R11 661

Long Term Rental: R10 500
Daily Short Term Rate: R950pn
Income at 33% Occupancy: R10 850

Est. Monthly Shortfall: R881 - R1 161

12 Month Guaranteed Rentals available on floors 5, 6, 9 and 10

For more information, please contact our sales team or view the price list below.


Centrally Located


The Poké Co.
The House of Machines

La Parada Bree Street
Burger & Lobster
I Love The Dough
Ideas Cartel Loop Street
City Sightseeing

Clarke’s Bar & Dining
Chefs Warehouse

UBER X (Est. Cost)

R27 Mediclinic Cape Town
R31 Cape Town Stadium
R32 Oranjezicht Market
R33 V&A Waterfront
R41 Lions Head Hiking Trail
R48 Table Mountain
R65 Clifton 4th Beach

Parking Solutions

The Tokyo apartments are sold without parking. Our research has shown us that a high percentage of tenants these days living in our developments do not require parking and as such we have excluded parking from the building AND THE PRICE – you are therefore not paying for parking that many of occupants will not use anyway.

The building is centrally situated so many occupants will use Uber and similar services to be able to get to wherever they need to go at affordable rates. We have however provided a number of solutions for interested buyers and future tenants including the neighbouring building that has bays for sale and to rent.

Click on the map numbers to reveal more info

Tarquin House
50 bays available
Purchase: R250 000 per bay Rent: R950per month
Old Christian Barnard
39m away
Rent: R55 – R75 per day
Riebeeck Square Parking Lot
280m away
234 bays available
Rent: Hourly – max R75 per day
Wale Street chambers
240m away
13 Bays available
Rent: R1380 per month
77 Burg St, Garage
290m away
Rent: R1200 per month or hourly

Investors still have access to powerful tax incentives, including the UDZ zone and popular Section 13sex of the Income Tax Act No 58 of 1962.

Located in the Urban Development Zone
The UDZ expiry date has recently been extended by *2 years, and any brand new property that transfers before expiry is eligible for up to 55% Tax deduction from SARS. (Deductible over 11 years)

*Please consult your tax advisor for further info

Section 13Sex
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. (Deductible over 20 years)


How it works

  • Purchase five units at R1,2 million each = R6 million
  • Discount = R500 000 (R100 000 per unit)
  • Final purchase price = R5,5 million
  • Deemed purchase price = 55% of final purchase price
5% of the deemed price may be used as a tax deduction (residential building allowance).
This works out to a tax deduction (tax write-off) of R151 250  per year for 20 years.
Total tax write off = R3 025 000 (over 20 years)

Taxpayer Criteria:

  • The taxpayer must own at least 5 residential units. A residential unit refers to a building or self-contained apartment, mainly used for residential accommodation with the exclusion of structures used for business purposes, for example, hotels.
  • All units must be situated in South Africa.
  • Residential units must be new and unused. (For example, buyers of flats that had previously been occupied would not qualify for this incentive.)
  • The units must be used solely for the purpose of trade (i.e. residential letting). This prevents housing claims for personal use.

General Enquiries