Area Guides / Green Point

Green Point Office Space & Commercial Property Guide

The Ultimate Guide to Commercial Property in Green Point, Cape Town

Welcome to Green Point: Cape Town's Coastal Business Gem

If you're sizing up Cape Town for your next commercial move, Green Point should be high on your hit list. Hugging the Atlantic Seaboard, a few minutes from the CBD, and packed with iconic landmarks like Cape Town Stadium and the V&A Waterfront, Green Point is where innovation, lifestyle, and commerce collide.

It's not just pretty faces and fancy coffee shops either — Green Point is buzzing with sectors like tech, media, tourism, hospitality, retail, health, and education. And thanks to all the exciting upgrades happening in 2024, it's about to get even better.

Let’s unpack everything you need to know — from office parks to parking rates, lifestyle perks, and a few insider tips too.

 

 

 

What's New in Green Point in 2025?

? The Green Point Innovation District

  • A massive mixed-use precinct coming to life.

  • Includes innovation labs, coworking hubs, retail, hotels, and more.

  • Expected to inject over R10 billion in investment and create 10,000 jobs.

? Green Point Park Expansion

  • New skate park, BMX track, water features, and kids' playgrounds.

  • More entrances, solar lighting, CCTV, and sustainable systems.

? Green Point Connectivity Project

  • Upgraded roads (Helen Suzman Blvd, Somerset Road).

  • Expanded MyCiTi bus routes.

  • Safer bike lanes and sidewalks for easy commuting.

With these massive upgrades, Green Point's already magnetic charm is only set to climb.

 

The Infrastructure that Powers Green Point

  • Electricity: Strong municipal grid, clear load-shedding schedules, incentives for solar installation.

  • Water: Top-tier sustainable water systems, rainwater and greywater options.

  • Telecoms: Fast fibre, mobile coverage from all major networks.

  • Transport:

    • Direct links to N1, N2, M3, and M5.

    • MyCiTi buses, rail, taxis, and endless Uber availability.

    • Cyclist and pedestrian-friendly (you’ll love the seaside paths).

  • Security: CCTV, dedicated patrols, Green Point City Improvement District.

  • Health & Wellness: Near excellent hospitals, gyms, spas, and yoga studios.

  • Education: Top schools, colleges, and training centres nearby.

  • Entertainment: Oranjezicht Market, stadium concerts, nightlife on your doorstep.

Living and working here is about as close as you’ll get to "business meets beach" — minus the board shorts at meetings (unless you're that kind of startup).

Green Point’s Location Advantage

  • 3km to Cape Town CBD: Quick commute, endless networking.

  • 22km to Cape Town International Airport: Easy local and international flights.

  • On the doorstep of:

    • V&A Waterfront (major business and leisure hub)

    • De Waterkant (trendy boutique district)

    • Sea Point (beachfront leisure + business options)

Your business is plugged directly into Cape Town's most important commercial arteries.

Why Businesses Choose Green Point

Advantages:

  • Unbeatable lifestyle drawcard for attracting top talent.

  • High visibility and foot traffic.

  • Access to premium customers and global tourists.

  • Proximity to government, finance, and creative hubs.

Challenges:

  • Cost: Prime addresses aren't cheap (R180/m2+ for offices).

  • Competition: You're sharing the stage with some of SA’s best.

  • Change: Constant evolution — stay agile!

But honestly? The lifestyle and business perks almost always outweigh the growing pains.

Top Office Spaces Available for Rent in Green Point

1. The Foundry

  • Modern, green-certified offices from 100m² to 1000m².

  • Rooftop terrace, gym, coffee shop.

  • Walk to the Waterfront and Stadium.

  • Average rentals: R180/m2; Parking: R1800/bay.

2. The Docklands

  • Flexible, modular layouts.

  • Serviced spaces with backup power.

  • Rooftop garden, spa, coffee bar.

  • Average rentals: R200/m2; Parking: R1600/bay.

3. The Media Quarter

  • Tailored for tech, media, and creative companies.

  • Soundproof studios, satellite TV access.

  • Close to Cape Quarter and Somerset Hospital.

  • Average rentals: R190/m2; Parking: R1800/bay.

(Tip: Good spaces move fast here. Don't snooze!)

 

 

Market Overview: Occupancy and Rental Rates

  • Occupancy Rate: 97.6%

  • Vacancy Rate: 2.4%

  • Average Gross Rental: R180/m2

  • Average Net Rental: R145.43/m2

  • Parking: R1600/bay

In simple terms: space is tight, demand is hot, and deals close fast. If you're serious, you need a broker who knows how to move.

Frequently Asked Questions About Green Point Commercial Property

Is Green Point good for startups?

Absolutely — especially tech, media, tourism, and hospitality sectors.

Is there parking?

Yes, but it’s at a premium. Budget R1600+ per bay.

Can I find flexible spaces like coworking?

Big yes. Docklands and other new builds are perfect for hybrid setups.

How's the lifestyle?

Ocean breeze, city vibes, five-star cafes, great gyms, weekend markets — it’s a winner.

Who can help me find space?

Matthew Miller at ANVIL Property Smith — Green Point’s go-to broker. (Seriously, he knows every square meter around here.)

Useful Resources and Contacts

Final Word: Is Green Point Worth It?

In a word: yes.

Green Point isn’t just about pretty views and craft coffee (though there’s plenty of that). It’s about tapping into a premium business ecosystem where lifestyle and work-life balance aren’t just slogans — they’re reality.

Want help finding the right space? Chat with Matthew Miller at ANVIL Property Smith. He’s local, he’s sharp, and he’ll get you sorted before someone else snags your dream spot.

(And hey, if you do end up in Green Point, first coffee’s on us at Origin Roastery — it’s kind of a local rite of passage.)

 

Frequently Asked Questions

Green Point offers a mix of small office suites, fitted corporate offices and mixed-use commercial space, mainly along Somerset Road, Main Road and the edges running toward the V&A Waterfront. Tenants will also find offices above retail, showroom-style units with street exposure, and more conventional A-grade office space in managed buildings. The area suits businesses wanting Atlantic Seaboard access with a Cape Town CBD and Waterfront catchment, without committing to a purely CBD office setting.

In Green Point, office rentals are mainly shaped by Main Road access, building condition, parking availability and whether the space is already fitted. Suites with better views, stronger frontage or shorter access to the Cape Town CBD and Sea Point corridor will price above more basic offices in older buildings. For a corporate tenant, the practical benchmark is the net effective cost after parking, operating costs and fit-out work are allowed for.

Yes, Green Point can work for corporate headquarters or regional offices, particularly for companies that value proximity to the Cape Town CBD, the V&A Waterfront and the Atlantic Seaboard client base. It suits businesses wanting a more accessible, amenity-rich setting than a traditional CBD tower, with strong visibility along Main Road and Somerset Road. The main trade-off is operational: headquarters users should test parking ratios, staff commute patterns and floorplate efficiency carefully before committing.

Office tenants in Green Point should expect limited on-site parking, usually in basement or rear-yard bays where the building has them, with allocation negotiated as part of the lease. Buildings on Main Road, Somerset Road and side streets often rely on a mix of dedicated bays, nearby paid parking and street parking, so staff commuting patterns need to be checked before committing. For client-facing businesses, visitor parking access and clear arrival instructions should be priorities, because kerbside parking can be inconsistent during peak trading periods.

Green Point works as an edge-of-CBD office node: stronger on lifestyle, Atlantic Seaboard access and client convenience than the Cape Town CBD, but with less depth of office stock and fewer large corporate blocks. Against the V&A Waterfront, it is less estate-managed and less concentrated around retail amenities, yet Main Road, Somerset Road and the Stadium precinct give tenants practical visibility and easier movement across the city bowl. Compared with Sea Point, Green Point is the better fit for agencies, advisory firms and client-facing businesses that want Atlantic Seaboard positioning with quicker reach into the CBD and Waterfront.

For tenants in Green Point, day-to-day amenities are concentrated along Main Road and Somerset Road, with cafés, restaurants, grocery options, pharmacies, gyms and banks reachable on foot from most commercial buildings. The area also gives staff access to Green Point Park, the stadium precinct and the Sea Point Promenade, while the V&A Waterfront is a practical walk from the eastern side of the node. For companies, lunch, client coffee, errands and after-work services can be handled without moving cars.

Yes. Green Point is well served by public transport, with MyCiTi routes and minibus-taxi movement along the Main Road, Somerset Road and Beach Road corridors, linking tenants to the CBD, Sea Point and the V&A Waterfront. The trade-off is rail: Green Point is not a station precinct, so staff using trains usually connect through the CBD. For most office tenants, the area works best where staff travel by bus, taxi or rideshare.

Green Point gives businesses a city-fringe location with fast access into the Cape Town CBD, the V&A Waterfront, the Atlantic Seaboard and routes via Helen Suzman Boulevard. The area suits companies that want client accessibility and staff amenity without being in the core CBD, with restaurants, retail, hotels and residential catchments supporting daily convenience. Across our listings, the stock we cover is A grade, so the tenant conversation is usually about fit-out, parking, building visibility and exact position on Main Road or Somerset Road.

For office tenants, Green Point’s main drawback is that parking is tight and visitor bays can be difficult to secure, especially around Main Road and Somerset Road, where retail, residential and hospitality uses compete for kerbside space. The area also has fewer large, efficient office floorplates than the CBD or Century City, so growing teams may face a narrower shortlist and more compromise on layout. On event days at Cape Town Stadium, access and trip planning need attention, while businesses that depend on heavy client footfall may find the area more lifestyle-led than a conventional office node.

Contact Anvil Property Smith for office space viewings in Green Point. A Cape Town commercial broker can shortlist suitable buildings around Main Road, Somerset Road and Green Point and arrange access with the landlord or managing agent.

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