Spectrum Morningside Luxury All-Suite Hotel - a new aparthotel development in Morningside, Sandton, offering both business and tourist travellers luxurious accommodation and total convenience.

Spectrum is not just an aparthotel, but also a great hotel offering in its own right. Its outstanding Hotel Suites provide the astute buyer with a once in a lifetime opportunity to purchase off-plan into a hotel and its income stream.

Conveniently situated on a prime view site on Rivonia Road in Morningside, Sandton, Spectrum enjoys exclusive direct secure pedestrian access to the redeveloped Wedge Shopping Centre, offering every amenity a guest would require.

The individual Suites are expertly designed and beautifully configured by well-known architects AMA and focus on providing every comfort and luxury, meeting the needs of all guests and their families.​

"Sandton, being the financial capital of Southern Africa, enjoys a growing demand for quality short-term accommodation. For this reason, the aparthotel industry within the area has shown particularly significant growth in recent years" Peet Strauss.​​

Read more
Spectrum

Further info

Spectrum Video

See more

Spectrum Site Plan

See more

Documents

Unit Details

Description

Size from

Balcony size

Floor plan

Price from

includes VAT

Priced To

Position

Unit Type A

50 m²

6 m²

Download (4.55mb)

R2,170,000

R2,972,500

North

Unit Type A1

63 m²

15 m²

Download (4.60mb)

R2,700,000

R3,836,700

North

Unit Type B

24 m²

4 m²

Download (4.56mb)

R930,000

R1,670,400

North

Unit Type B (Combined 1Bed + Studio)

75 m²

10 m²

Download (4.56mb)

R4,041,556

North

Aparthotel Market

According to PwC’s 6th edition of Hotels Outlook 2016-2020 (July 2016) (“PwC Report”), revenue derived from hotel room accommodation in South Africa rose some 8.1% in 2015 to R14.2 billion, an increase in stay unit nights and a concurrent 6.5% rise in average room rates.

The Global Serviced Apartment Industry Report (2016/17) (“Global Report”) notes a global increase of some 80% in Aparthotels since 2008.

With stay unit nights growing faster than room supply, the average occupancy rate is forecast to rise from 59.6% in 2015 to 62.6% in 2020. In Johannesburg, “stay unit nights rose 8% and room revenue increased more than 20% in 2015”.​

For example Steyn City or Eden Island