GREEN POINT
Green Point in Cape Town is seeing a massive influx of investment, with semigrants flocking into the suburb. The area has been noted for its sea views and easy access to the Sea Point Promenade, Green Point Park, the Cape Town Stadium, the V&A Waterfront, the CBD and the beaches in Clifton and Camps Bay. Green Point is popular for students and young professionals due to the abundance of restaurants and cafes in the area such as Jason Bakery, Giovanni’s Deli, El Burro, and of course Woolworths, and the easy access to main arterial routes for the Atlantic Seaboard.
WHY INVEST IN GREEN POINT?
Demand for property on the Atlantic Seaboard continues to grow, making Green Point a highly sought-after suburb (for both long-term and short-term rentals). Green Point is an upmarket and trendy neighbourhood of Cape Town, located to the north west of the central business district. It is a popular residential area for young professionals. Many new mid-rise apartment and mixed-use developments have gone up in recent years - most of which have lovely views. It's close to Mouille Point, the Cape Town Stadium, as well as the Greenpoint park, which draws an active crowd. The delis, restaurants (many of which are institutions) and hub of activity gives it a lively feel.
PLEASE CONTACT US BELOW FOR MORE INFORMATION & THE PRICE LIST
GREEN POINT
Payment PLAN FOR RESIDENTS
15% +4% DLD On booking
20% + 4% DLD On booking
30.00%
PAYMENT PLAN 2 (FOR NON- RESIDENTS)
NOC
FAST FACTS
42% (1% per month) For 42 months
10% On 12 month
5% On 18 month
23% (0.5% per month) For 46 month
42% (1%per month) For 42months
10% On 12 month
5% On 18 month
28% (0.5% per month) For 56 month
DEVELOPMENT SNAPSHOT
Bedrooms
Studios, 1-2 Bedroom Apartments
Compleation
1st Quarter of 2027
420.00 ft2 - 1,172.00 ft2
Size Range
3 bedroom Penthouses
A CLOSER LOOK AT GREEN POINT
INVEST IN CAPE TOWN
EXTENSIVE UNDERSUPPLY
1
2
FIERCE COMPETITION
3
STRONG PRICE GROWTH FORECAST
The city has set a required target of 877 new homes per year, which is 193% higher than the average number delivered in the 10 years up to 2021.
Properties in York sell on average 10 days faster than in Leeds (81 days), Liverpool (103 days), and Newcastle (87 days).
The average property price in York grew 29.2% between 2017 and 2022. Its forecast to see another 12% growth between 2024 and 2027.
GET IN TOUCH
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CONTACTS
Michael Douglas
CONTACTS
Cheryl Douglas