Green Point Area Profile
Quick Facts about Green Point
- Transport & Access: Easily accessible via Somerset Road and Main Road, with MyCiTi bus routes and pedestrian-friendly infrastructure.
- Retail Anchors: Includes Cape Quarter Lifestyle Centre, Victoria Wharf at V&A Waterfront, and boutique retail strips.
- Education: Nearby schools include Reddam House Atlantic Seaboard, Sea Point High School, and CBC St John's Parklands.
- Healthcare: Served by New Somerset Hospital, Green Point Clinic, and nearby private practices.
- Business Ecosystem: A mix of restaurants, boutique offices, medical suites, and retail spaces, with high foot traffic from locals and tourists.
Property Mix & Market Focus
- Commercial Property: Boutique offices, medical suites, and co-working spaces.
- Retail Property: High-visibility retail units, lifestyle centres, and restaurant spaces.
- Mixed-Use Developments: Popular in the area, combining residential, retail, and office space.
Frequently Asked Questions for Our Brokers
Commercial & Retail Market
- What are the average rental rates per m² for retail and office space in Green Point?
- Which types of commercial properties are most in demand (e.g., restaurant space, boutique offices)?
Growth & Future Trends
- Are there any new mixed-use or commercial developments planned in Green Point?
- Which sectors are driving demand for retail and office space (e.g., hospitality, tourism, health)?
Location & Accessibility
- How does Green Point’s location benefit commercial tenants in terms of transport and visibility?
- Are there advantages to choosing Green Point over other Atlantic Seaboard hubs?
Amenities & Business Ecosystem
- Which office parks or retail centres are most attractive to tenants?
- Are there any anchor tenants or key businesses that strengthen the area’s appeal?
Broker Insights
- What is the biggest challenge commercial clients face when moving into Green Point?
- What is your top advice for an investor or business considering property here?
Growth & Future Trends in Green Point
- Retail Expansion: High demand for restaurant and boutique retail space.
- Commercial Evolution: Growth in flexible office and medical suites.
- Urban Densification: Mixed-use developments and lifestyle precincts.
- Infrastructure Upgrades: Continued investment in walkability and public transport.
Articles About Green Point Commercial & Retail Property
- Cape Town property growth: Why now may be the right time to act Green Point is among Cape Town’s fastest-growing areas, with annual price increases of 10–20% driven by semigration, tourism, and international buyers. [property24.com]
- Cape Town beats London, New York and Sydney in global ranking Cape Town ranks 6th globally for prime residential growth, with Green Point benefiting from lifestyle-driven demand and low vacancy rates. [businesstech.co.za]
Local Resources
- Shopping: Cape Quarter Lifestyle Centre, Victoria Wharf at V&A Waterfront
- Schools: Reddam House Atlantic Seaboard, Sea Point High School, CBC St John's Parklands
- Healthcare: New Somerset Hospital, Green Point Clinic
- Nearby Business Areas: Sea Point, De Waterkant, Cape Town CBD, V&A Waterfront
Looking for commercial or retail property in Green Point and the Atlantic Seaboard?