Green Point Area 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

• SAPOA Vacancy Reports

• Green Point City Improvement District

• Green Point Residents' Association

• ANVIL Property Smith Green Point Listings

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.)