Cape Town Area Profile

Cape Town at a glance

Cape Town is the legislative capital of South Africa, and according to many South Africans, it's the best possible place to live and work. The city is a melting pot of landscapes, cultures and types of cuisine, all in the shadow of Table Mountain, which is without a doubt one of South Africa's greatest pieces of natural heritage. It is a vibrant hub of commercial activity and it is also known as South Africa's capital of digital innovation. In 2018, a research report by the World Bank ranked the City of Cape Town number one metropolitan municipality in South Africa when it comes to ease of doing business.

Types of commercial activity taking place in the area

Virtually every type of commercial activity under the sun can be found in and around Cape Town. Over and above a thriving tourism industry, Cape Town is known as a major centre for financial and business services as well as business process outsourcing. There are a growing number of companies in the Mother city focusing on a wide variety of fields such as technology, fashion and design, real estate development and creative pursuits. The city also boasts a substantial manufacturing sub-sector, which specialises in the creation of a wide variety of commodities from food and beverages to machinery and household appliances.

Positioning of Cape Town

Cape Town is within relatively easy reach of other well-known landmarks in the Western Cape such as Stellenbosch, Worcester, Paarl and George.
Distance from Cape Town CBD to Cape Town International Airport: +-20km (20 minutes via the N2 in average traffic).

Types of properties available

Properties for sale or to rent in Cape Town tend to be located either in the vibrant CBD or in other popular areas such as Kenilworth, Green Point or Claremont. Office blocks in Cape Town tend to be well-maintained and situated in prime locations in close proximity to public transport. Thanks to access control, security is second to none and prime locations mean easy access to shops and restaurants as well as other amenities and arterial routes. A typical office offers an owner or tenant access to reception and boardroom facilities, as well as kitchenettes.

OfficePlace's perspective: What makes Cape Town a great investment?

Cape Town is arguably the beating heart of South Africa. Its cultural vibrancy, natural beauty and cosmopolitan vibes need no introduction, and as a commercial precinct, Cape Town is both an extremely desirable address and a well-known hub of activity in which every service, commodity and amenity can be found. Digital technology is the way of the future, and with Cape Town having been recognised as South Africa's epicentre of all things digital, it is a natural choice for start-ups and businesses who need to remain on the cutting edge of all things related to technology.

Interesting facts about Cape Town

• Before a land reclamation project took place, the Castle of Good Hope and Strand Street were right on the coast - hence the name Strand (Beach) Street.
• Robben Island is not just a former prison - it was originally a leper colony and a place to which mentally ill people were sent.
• For the seventh time since 1998, Cape Town has been named Best Destination in Africa at the World Tourism Awards.

Cape Town is a city well-loved for its natural heritage, beautiful homes, and for the plethora of reasons to do business here. It is a commercial precinct that is poised on the cutting edge of all things related to technological development. OfficePlace has a wide range of commercial property for sale and to rent in Cape Town.

Contact OfficePlace and find out how your business's move to Cape Town can take your success to the next level.