Cape Town

Cape Town at a glance

Renowned for its spectacular natural beauty, the city of Cape Town is truly a breathtaking sight.  Here, the chilly waters of the Atlantic Ocean meet the dramatic views of Table Mountain, Lion's Head, Signal Hill, and Devil's Peak. Beyond this pretty exterior, the city is emerging as a serious contender in the commercial and industrial sectors. 

Located in the Western Cape province, Cape Town has the second-largest economy in South Africa and contributes significantly to the national GDP. The city can be described as a vibrant urban environment with many global companies, IT start-ups and big industrial businesses  coming together to sustain a strong economy. 

History

Cape Town was founded in 1652 and due to its coastal positioning, it became a strategic location for trade and industry. Throughout the centuries, it was the centre of growth and development, and in most recent times, the city represented a beacon of hope as South Africa entered a new chapter of freedom and democracy. Today, Cape Town is a hive of activity and people from all walks of life and backgrounds call it home. 

Commercial hotspots

The most established commercial sectors in Cape Town are information technology, telecommunications and financial services. Here, you can find the headquarters of several JSE listed companies, as well as multinational and blue-chip companies such as Amazon and British American Tobacco. The city has also emerged as the centre of renewable energy and clean-tech industries with prominent names basing their HQ's here such as EDF Renewables and Globeleq.

Most commercial activities take place around the city centre and the surrounding suburbs of De Waterkant, Foreshore, Gardens, V&A Waterfront and Woodstock. There are many prestigious commercial buildings dotted around the city, most of which are AAA-Grade and P-Grade. Some of these include Portside, Pier Place, Touchstone House, The Towers, The Terraces, De Waterkant Centre, 22 Bree Street, 35 Lower Long Street, 117 on Strand, The ABSA Centre, and Sovereign Quays.

Industrial Hotspots

Cape Town's industrial market is booming across manufacturing, freight and cargo, and logistics and distribution. These businesses require large warehouses that are secure, well-equipped and boast ample yard space. For this, the city has a range of options including Capricorn Park, Ikwhezi Industrial Park, Mill Side Park, Phumelela Park, Montague Park and Battery Park. Most of these warehouses are located in the popular suburbs of Epping Industrial, Airport Industria, Maitland, and Capricorn. 

A few examples of big industry heavyweights that operate in Cape Town are Cape Steel Manufacturers, BM Food Manufacturers, Imperial Retail Logistics, RTT Logistics, Takealot.com, Shoprite and Team Global Force International.

Infrastructure

The roads in Cape Town are well-maintained and seamlessly connect to various suburbs, the wider province, and further afield to the rest of the country. Key national and provincial roads include the N1, N2, N7, M3, and M4. There is also a wide network of municipal roads that are used by employees to connect to important business districts - some of these include Main Rd, Regent St, Jan Smuts Dr, Strandfontein Rd, Malibongwe Dr, and Sir Lowry Rd. 

The growth of Cape Town's commercial and industrial sectors are linked to its close proximity to the Port of Cape Town and the Cape Town International Aiport. The city centre lies only 12 minutes away from the harbour, and 20 minutes from the airport. 

Transport 

Travelling to and from the various business hubs around Cape Town is made easy owing to a wide variety of public transport options. From taxis, buses and trains - there are options to suit various preferences. Three of the most common forms of transport used by employees are Metrorail Trains, Golden Arrow bus network, and MyCiTi transport network. 

Amenities

The businesses of Cape Town have access to premium amenities. Top shopping malls include Canal Walk Shopping Centre, Golden Acre Shopping Centre, Victoria Wharf Shopping Centre, and The Point. Popular restaurants such as Pigalle Restaurant, Chefs Warehouse & Canteen, and Villa 47 make for ideal casual meetings or staff lunches. In emergency situations, there are state-of-the-art healthcare options such as Mediclinic Cape Town, Life Vincent Pallotti Hospital, Melomed Tokai Private Hospital, and a network of healthcare practitioners.

Why invest in Cape Town?

Cape Town is well-connected, boasts excellent infrastructure, and the demand for commercial and industrial properties is rapidly increasing. For all these reasons and more, the city is a prime investment spot that shows strong long-term growth. What's more, it has a stellar list of blue-chip and multinational companies who have been calling the city home for many years.

Take the next step

Stealth Properties has a team of experienced brokers that are ready to assist with your property sales or rental needs. 

    - View our Cape Town commercial properties that are for sale or to let.
    - View our Cape Town industrial properties that are for sale or to let.

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