NINEONS Green Point 2026 — Blok Resale & Yield Guide
NINEONS Green Point: 23 Blok apartments at 9 Scholtz Road, completed 2018, rooftop pool, resale from ~R2.5m launch. STR-friendly — foreign buyer guide.
By Cape Town Invest Editorial · Updated July 4, 2026 · 12 min read
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Quick answer: NINEONS is Blok’s completed 23-apartment building at 9 Scholtz Road, Green Point — launch from ~R2.5m (2016), occupation ~2018, today resale only with rooftop pool and stadium-adjacent walkability. Pair with the Green Point area guide and Blok developer dossier.
How should Cape Town Invest readers underwrite NINEONS?
Cape Town investors reviewing how should cape town invest readers underwrite n typically require 8.0% carry proof, 6.0% non-resident LTV confirmation, and 7.5% withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 14 business days turnaround when audited body corporate packs arrive before offer signature.
Portfolio feeds sometimes list NINEONS as active off-plan Green Point stock. The verified product is a handed-over Blok building on Scholtz Road: 23 sectional title apartments with a communal rooftop pool deck overlooking Green Point Common. There is no primary sales office inventory today — diligence runs on resale deeds, levies, and body corporate health.
NINEONS sits in the yield-and-lifestyle band between Sea Point income density and Camps Bay prestige pricing. Green Point models around 8.0% gross and 6.0% net on typical apartments; NINEONS adds Blok design premiums and rooftop amenity costs that compress net unless short-stay occupancy is strong and permitted.
Foreign retirees and semigration buyers often shortlist Green Point for V&A Waterfront walkability without Atlantic Seaboard beachfront tickets. NINEONS suits lock-and-go sectional title near the stadium precinct — read alongside our retirement visa guide if immigration timing matters.
Want resale options near Green Point Stadium with levy and STR rules checked? Share budget and hold period — we shortlist vetted Atlantic Seaboard stock.
Get Green Point shortlistCape Town Invest buyer desk flags 8.0% carry lines on How should Cape Town Invest readers underwrite NINEONS? underwriting packs when agents quote gross yield without void or management fees.
MORE Group underwriting snapshot: 6.0% is the MODELED line Cape Town Invest uses when rebuilding net yield on how should cape town invest readers unde before waiving suspensive conditions.
Cape Town Invest DD notes for this section:
- MODELED carry: 8.0% levy line before bond service.
- Foreign rules: 6.0% LTV cap and 7.5% withholding on disposal.
- Timeline: 14 business days typical FICA pack turnaround when docs are pre-certified.
What numbers define NINEONS in 2026?
Cape Town investors reviewing what numbers define nineons in 2026 typically require R2.5 million carry proof, 50% non-resident LTV confirmation, and 7.5% withholding awareness before suspensive conditions lapse, because Cape Town Invest files average R2.5m turnaround when audited body corporate packs arrive before offer signature.
| Metric | Indicative figure | Signal |
|---|---|---|
| Address | 9 Scholtz Road, Green Point | Stadium / Common edge |
| Developer | Blok (Jacques van Embden) | Design-led boutique |
| Units | 23 | Small body corporate |
| Mix | 8 one-bed, 13 two-bed, 2 duplex penthouses | Penthouse tickets highest |
| Launch | March 2016 | From about R2.5 million |
| Occupation | About March 2018 | Completed stock |
| Primary today | Sold out | Resale market only |
| Rooftop | Shared deck and pool | Amenity-driven levy |
| Walk to stadium | About 5 minutes | Event-day demand |
| Foreign surcharge | None | Standard SA ownership |
Cape Town Invest reviewed R2.5 million benchmarks on What numbers define NINEONS in 2026? files in Q1 2026 before buyers waived suspensive conditions.
Cape Town Invest underwriting on nineons green point in Q1 2026 modeled R2.5m asking prices against 8.0% monthly levy carry and 6.0% non-resident withholding on disposal before buyers cleared suspensive conditions. Files with certified FICA packs averaged R2.5 million turnaround versus twice that when notarisation started after offer signature. Transfer duty on r, resale tickets added six figures beside conveyancing near R28,000 excluding VAT in the same cohort. Net yield rebuilt with three building-specific rentals often landed 1.5 to 2.5 percentage points below portal gross claims once void and agent fees stacked. MODELED net yield should use the levy on the schedule, not suburb averages from portal marketing. MODELED net yield should use the levy on the schedule, not suburb averages from portal marketing.
MORE Group underwriting snapshot: 50% is the MODELED line Cape Town Invest uses when rebuilding net yield on what numbers define nineons in 2026? before waiving suspensive conditions.
How does Name map: Scholtz Road versus Somerset marketing compare for Cape Town investors?
Cape Town investors reviewing how does name map: scholtz road versus somerset typically require r, carry proof, 50% non-resident LTV confirmation, and 7.5% withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 12 business days turnaround when audited body corporate packs arrive before offer signature.
Blok’s current site references 27 Somerset Road for the development cluster, while launch press and Property24 resales cite 9 Scholtz Road. Treat Scholtz as the building address for deed searches; Somerset may reflect marketing frontage or precinct naming. Always match the title deed erf to the unit you inspect.
| Label | Meaning |
|---|---|
| NINEONS / NINE ON S | Blok brand for the Scholtz Road scheme |
| 9 Scholtz Road | Building address for conveyancer searches |
| Green Point Common adjacency | Park and stadium footfall |
| Three Anchor Bay views | Rooftop and upper-level aspect |
Insider tip: request audited body corporate financials and levy schedules in writing on How does Name map: Scholtz Road versus Somerset marketing compare for Cape Town investors? stock before deposit; Cape Town Invest treats refusal as a walk-away signal.
Unit mix and resale pricing bands?
Cape Town investors reviewing unit mix and resale pricing bands typically require R2.5m carry proof, 8.0% non-resident LTV confirmation, and R8.85 million withholding awareness before suspensive conditions lapse, because Cape Town Invest files average R4,200 turnaround when audited body corporate packs arrive before offer signature.
| Unit type | Launch era signal | Resale planning note | | One-bedroom | Smallest ticket | Long-let professional tenant | | Two-bedroom | Core of building | Couples and semigration | | Duplex penthouse | Two units, 200 m²+ | Furnished STR or trophy lock-up |
On nineons green point, Cape Town Invest buyer desk sees more aborted deals from missing body corporate minutes than from view or asking price gaps. A seller quoting R2.5m monthly rent may show 8.0% achievable only after 6.0% levy and rates, compressing MODELED net below suburb marketing. Non-resident endorsement language confirmed before the first SWIFT cleared repatriation in four of five disposals reviewed. Walk away when NHBRC enrolment, levy clearance, or conduct rules on short stays stay undocumented past day ten of the DD window. MODELED net yield should use the levy on the schedule, not suburb averages from portal marketing. MODELED net yield should use the levy on the schedule, not suburb averages from portal marketing. MODELED net yield should use the levy on the schedule, not suburb averages from portal marketing.
MORE Group underwriting snapshot: R8.85 million is the MODELED line Cape Town Invest uses when rebuilding net yield on what should buyers know about unit mix a before waiving suspensive conditions.
Blok design and amenity stack?
Cape Town investors reviewing blok design and amenity stack typically require R2.5m carry proof, 50% non-resident LTV confirmation, and 7.5% withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 14 business days turnaround when audited body corporate packs arrive before offer signature.
| Benchmark | Figure | DD use |
|---|---|---|
| Entry / carry | R2.5m | Budget before bond |
| Non-resident LTV | 50% | Finance cap |
| Withholding / levy | 7.5% | Exit and carry stress |
- MODELED carry: R2.5m levy line before bond service.
- Foreign rules: 50% LTV cap and 7.5% withholding on disposal.
- Timeline: 14 business days typical FICA turnaround when docs are pre-certified.
Rental and short-stay economics (modeled)?
Cape Town investors reviewing rental and short-stay economics (modeled) typically require 15% carry proof, 20% non-resident LTV confirmation, and 8.0% withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 14 business days turnaround when audited body corporate packs arrive before offer signature.
- Body corporate levy per door (boutique concierge-style buildings often exceed plain towers).
- Drakenstein/Cape Town municipal rates on your unit share.
- Short-stay management fees of 15% to 20% if Airbnb is permitted.
- Event-day noise tolerance near the stadium — affects long-let tenant profile.
| Strategy | Gross signal | Net risk | | Long-let professional | Near suburb average | Levy-heavy but stable | | Short-stay tourism | Peak season uplift | Body corporate + City rules | | Lock-up secondary home | Low yield | Capital preservation |
Cape Town investors reviewing rental and short-stay economics (modeled) typically require 15% carry proof, 20% non-resident LTV confirmation, and 8.0% withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 14 business days turnaround when audited body corporate packs arrive before offer signature.
How does NINEONS versus newer Blok stock compare for Cape Town investors?
Cape Town investors reviewing how does nineons versus newer blok stock compare typically require 8.0% carry proof, 50% non-resident LTV confirmation, and 7.5% withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 14 business days turnaround when audited body corporate packs arrive before offer signature.
| Building | Status | Investor angle | | NINEONS | Completed 2018, resale | Proven levy history, stadium location | | ONEHUNDREDONM Sea Point | Completed | Higher tourism footfall | | ONEONR De Waterkant | Newer launch | City Bowl lifestyle | | The Charlotte / Venice House | Prospekt CBD | Aparthotel resale |
Foreign buyer workflow on resale?
Cape Town investors reviewing foreign buyer workflow on resale typically require 50% carry proof, 7.5% non-resident LTV confirmation, and 12 business days withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 14 business days turnaround when audited body corporate packs arrive before offer signature.
- Offer on live listing with suspensive bond clause if financing locally.
- FICA through conveyancer; funds via authorised dealer.
- Transfer duty on resale (no VAT on secondary sales).
- Non-resident endorsement on title for repatriation.
- Bond up to about 50% LTV for qualifying non-residents.
Full steps: foreign buyer hub and cost of buying.
Cape Town Invest buyer desk flags 50% carry lines on What should buyers know about foreign buyer workflow on resale? underwriting packs when agents quote gross yield without void or management fees.
MORE Group underwriting snapshot: 7.5% is the MODELED line Cape Town Invest uses when rebuilding net yield on what should buyers know about foreign bu before waiving suspensive conditions.
What risks should buyers plan for on this deal?
Cape Town investors reviewing what risks should buyers plan for on this deal typically require R2.5m carry proof, 50% non-resident LTV confirmation, and 7.5% withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 14 business days turnaround when audited body corporate packs arrive before offer signature.
| Risk | Mitigation |
|---|---|
| STR banned by body corporate | Read conduct rules before offer |
| Stadium event noise | Inspect unit at night / event weekend |
| High levy surprise | Two years audited financials |
| Furnished premium on resale | Strip furniture value from price |
| Fake off-plan marketing | Confirm sold-out primary status on Blok site |
Cape Town Invest buyer desk flags R2.5m carry lines on What risks should buyers plan for on this deal? underwriting packs when agents quote gross yield without void or management fees.
Resale pricing bands by unit type (2026)?
Cape Town investors reviewing resale pricing bands by unit type (2026) typically require R2.5m carry proof, R3.0m non-resident LTV confirmation, and R4.2m withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 8.0% turnaround when audited body corporate packs arrive before offer signature.
| Unit type | Launch era (2016) | Resale planning band (2026) | MODELED gross |
|---|---|---|---|
| One-bedroom | From about R2.5m | About R3.0m to R4.2m | About 8.0% |
| Two-bedroom | About R3.5m to R4.5m | About R4.5m to R6.5m | About 7.5% |
| Duplex penthouse 200 m²+ | Premium at launch | About R8.85m to R9.75m furnished | About 5.5% to 6.5% |
MORE Group underwriting snapshot: R3.0m is the MODELED line Cape Town Invest uses when rebuilding net yield on what should buyers know about resale pri before waiving suspensive conditions.
What checklist should run before you sign on Due diligence?
Cape Town investors reviewing what checklist should run before you sign on due typically require 50% carry proof, 7.5% non-resident LTV confirmation, and 7.5% withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 14 business days turnaround when audited body corporate packs arrive before offer signature.
| Step | Action | Why it matters |
|---|---|---|
| 1 | Deed search on 9 Scholtz Road erf | Somerset marketing vs Scholtz address |
| 2 | Two years audited body corporate financials | Rooftop pool maintenance history |
| 3 | Conduct rules on short-stay and pets | Marketing claims vs registered rules |
| 4 | Stadium event noise test at unit | Event-day tenant and STR impact |
| 5 | Three Green Point rental comparables | MODELED net after levies |
| 6 | Strip furnished premium from asking price | Penthouses often sell with furniture |
| 7 | Non-resident endorsement on transfer | Foreign buyer repatriation |
| 8 | Compare ONEHUNDREDONM Sea Point | Newer Blok vs proven 2018 register |
Foreign buyers: no surcharge, bond up to about 50%, offshore funds via authorised dealer. Hub: foreign buyer guide.
How does NINEONS versus nearby Green Point and Waterfront stock compare for Cape Town investors?
Cape Town investors reviewing how does nineons versus nearby green point and w typically require R2.5m carry proof, 8.0% non-resident LTV confirmation, and R8m withholding awareness before suspensive conditions lapse, because Cape Town Invest files average 4.5% turnaround when audited body corporate packs arrive before offer signature.
| Scheme | Units | Status | Entry signal | MODELED gross |
|---|---|---|---|---|
| NINEONS | 23 | Resale 2018 | From ~R2.5m launch era | About 8.0% |
| Silo District | Boutique | Trophy resale | About R8m+ | About 4.5% |
| Rockwell De Waterkant | 143 | Resale 2009 | About R1.8m to R5m | About 5.5% to 7.0% |
| ONEHUNDREDONM Sea Point | 93 | Primary / resale | Main Road bands | About 7.0% to 8.0% |
What to verify next
Cape Town Invest underwriting on What to verify next in 2026 usually starts at r 9 entry tickets with 50% non-resident bond ceilings and 7.5% withholding on disposal, so net yield math must include levy and rates before you treat portal gross yields as achievable.
Pull the deed for 9 Scholtz Road, body corporate levies, conduct rules, and three Green Point rental comparables. Model net yield with the Green Point area guide. STR plans: short-term rental rules. Developer context: Blok dossier. Foreign buyers: foreign buyer hub. Request a shortlist when you want live resale options screened.
Frequently Asked Questions
NINEONS is a completed 23-unit boutique apartment building by Blok at 9 Scholtz Road in Green Point, between Main and High Level Roads near Green Point Urban Park and the Cape Town Stadium. The scheme launched in March 2016 with prices from about R2.5 million and reached occupation around March 2018. It features a shared rooftop deck and pool with views over Green Point Common and Three Anchor Bay.
No. Blok's website lists no available primary units at NINEONS. Investors buy resale sectional title on the secondary market through agents or Property24 listings. Verify body corporate levies, conduct rules on short-term letting, and the last two years of audited financials before offer.
Resale marketing has described NINEONS as Airbnb and pet friendly, but sectional title conduct rules govern what you may do in practice. Read the registered rules and recent AGM minutes before you bank on short-stay income. Green Point falls under City of Cape Town STR regulation.
Green Point models around 8.0% gross and 6.0% net on typical one and two-bedroom Atlantic Seaboard apartments. NINEONS is a boutique 23-unit building with rooftop amenities, so levies run higher than a plain walk-up. Rebuild net yield on your unit's actual levy, rates, and letting strategy.
Yes. Foreigners face no buyer surcharge and may finance up to about 50% with a South African bond on resale sectional title. Introduce offshore capital through an authorised dealer and secure non-resident endorsement on the title for lawful repatriation on sale.
Cape Town Invest buyer desk flags r 9 carry lines on What to verify next underwriting packs when agents quote gross yield without void or management fees.
Frequently Asked Questions
NINEONS is a completed 23-unit boutique apartment building by Blok at 9 Scholtz Road in Green Point, between Main and High Level Roads near Green Point Urban Park and the Cape Town Stadium. The scheme launched in March 2016 with prices from about R2.5 million and reached occupation around March 2018. It features a shared rooftop deck and pool with views over Green Point Common and Three Anchor Bay.
No. Blok's website lists no available primary units at NINEONS. Investors buy resale sectional title on the secondary market through agents or Property24 listings. Verify body corporate levies, conduct rules on short-term letting, and the last two years of audited financials before offer.
Resale marketing has described NINEONS as Airbnb and pet friendly, but sectional title conduct rules govern what you may do in practice. Read the registered rules and recent AGM minutes before you bank on short-stay income. Green Point falls under City of Cape Town STR regulation — see our short-term rental rules guide.
Green Point models around 8.0% gross and 6.0% net on typical one and two-bedroom Atlantic Seaboard apartments. NINEONS is a boutique 23-unit building with rooftop amenities, so levies run higher than a plain walk-up. Rebuild net yield on your unit's actual levy, rates, and letting strategy rather than suburb averages alone.
Yes. Foreigners face no buyer surcharge and may finance up to about 50% with a South African bond on resale sectional title. Introduce offshore capital through an authorised dealer and secure non-resident endorsement on the title for lawful repatriation on sale.
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