A City On The Rise

 

Property values in the Bellville CBD, at the heart of the Cape Town northern suburbs, have risen by 52.5% since 2010, according to recent research conducted by The Greater Tygerberg Partnership and urban development consultancy, Our Future Cities.

Watch Video Here 

The figure reflects the growing interest in Bellville and the broader Greater Tygerberg Area (GTA) by savvy investors seeking to make strong returns and capturing the rising tide of opportunity in the area. Investment values between 2015 and 2019 were consistent at over R600million per year. With the Bellville Central Business District (CBD) at its heart, the GTA hosts major nodal industrial and commercial zones characterised by a wealth of health, education, logistics, manufacturing and retail operations.

READ MORE: Why Bellville?

With the Bellville Central Business District (CBD) at its heart, the GTA hosts major nodal industrial and commercial zones characterised by a wealth of health, education, logistics, manufacturing and retail operations. Development values across all sectors have been rising over the past ten years. In that time, the total value of approved building works in the area equates to R7.3 billion, arising from just over 9 000 development applications, covering a footprint of 990 286 square metres. Of that, R4.86 billion was invested in the last five years.

READ MORE

 

SUBSCRIBE: to our content here