Latest real estate news in Tyger Waterfront, Bellville view all news in Tyger Waterfront
Market & Opinion
Waterfront property benefits from pandemic as buyers weigh quality of life
26 Oct 2021
Due to higher price points, waterfront areas are often the first to reflect the effects of an economic downturn, but according to Ross Levin, licensee for Seeff Atlantic Seaboard and City Bowl, Cape Town’s waterfront property is seeing a resurgence with buyers and investors once again looking to invest in this prime real estate.
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What the local Tyger Waterfront area expert say
Wessel Wessels
NQF4, Cape Town Agent in 2009 in Northern Suburbs specifically in Tyger Valley
What makes Tyger Waterfront a great suburb?
Tyger Waterfront (Tyger Valley) is one of very few mixed use developments in the Northern Suburbs of Cape Town. It attracts a wide variety of commerce and a diverse community. It truly is a hub of business, social interaction and entertainment. Everything is available, from Doctors' rooms, lawyers to Restaurants and bars within walking distance. A major advantage of the Tyger Waterfront is that it has ample parking available. This is usually lacking at developments, but with two public parking areas, one of which is a multi-storey parking garage, visitors at the Tyger Waterfront won't have a problem. The Tyger Waterfront offers something for everyone. You'll find Penthouses worth north of R3 million, ideal for a modern family to one bedroom units for the first time buyer or investor.
The typical Tyger Waterfront buyer
There is a variety of buyers: from seasonal investors (interested in commercial or residential) to young and upcoming first time buyers.
Price overview of Tyger Waterfront
Depending on apartment building, one would currently pay on average R1 200 000 for a two bedroom unit of around 60 square meters.
Popular in Tyger Waterfront
Since it's a mixed use of development, everything is within walking distance. 3 Malls, vehicle service centres and petrol stations, grocery shopping, Gyms, sport grounds, loads off restaurants and much more. All walking distance from the Tyger Waterfront!
My Tyger Waterfront tip
The newly planned commercial development walking distance from the Tyger Waterfront will increase the demand for residential units dramatically. Investing now would be an obvious benefit.