Skip to content

7 Hot new property developments in Cape Town

Cape Town offers an array of exciting new developments that cater to a wide range of needs, whether it be family living or the young professional lifestyle.

New Developments in Cape Town
The Barracks

Article summary

  • The Barracks on Bree Street: Modern apartments on top of an 18th century Lutheran church.
  • Station House in Sea Point: Luxury apartments with ocean views.
  • Devonbosch in Stellenbosch: An urban space amid the lush vineyards of Stellenbosch.
  • Allesverloren Village the Riebeek Valley: A resort-style village in the Riebeek Valley.
  • De Zandt in Hermanus: A lifestyle estate in prime whale watching territory.
  • Cederberg Estate in Kuilsriver: A tranquil village-like estate against the slopes of Simonsberg.
  • Mountain Ridge Estate in Groenheuwel: Affordable housing in the countryside, ideal for family living.

In the Mother City, you’ll find developments catering to every lifestyle choice and demographic, whether it be an apartment block in a high-energy business hub populated by young professionals, or a peaceful estate in the Winelands for retirees.

And with the South African interest rate at an all-time low, now is a good time to invest in property. Investors are advised to act quickly however, as demand is ramping up in the wake of the Covid lockdowns, which may lead to an increase in prices.

Developments that provide for a comfortable stay-at-home lifestyle will be in especially high-demand in this Covid era, as will those that have incorporated elements of off-the-grid living in response to Eskom load shedding.

Our picks for new developments in Cape Town

1. The Barracks on Bree Street

New Developments Cape Town: The Barracks on Bree StreetNew Developments Cape Town: The Barracks Apartment

These luxurious, modern apartments are built on top of what was once a Lutheran Church complex dating back to the 1700s; merging the new with the old while granting access to the very heart of the Mother City.

  • Size: From 30sqm.
  • Price: From R1 699 000.
  • Apartments: Studio, one-bedroom and two-bedroom apartments, some with balconies. Concierge and 24-hour security.
  • Amenities: The rooftop will have a wellness center, yoga studio and coffee shop.
  • Neighbourhood: Immediate access to three of Cape Town’s most famous streets: Bree, Strand and Waterkant, in a district packed with restaurants, coffee shops, office blocks and cultural attractions.

2. Station House in Sea Point

New Developments Cape Town: Station House in Sea PointNew Developments Cape Town: Station House Apartment

This ten-story pinnacle of modernity and luxury brings new energy to the historic suburb of Sea Point, taking full advantage of the famous ocean views that the Atlantic Seaboard offers.

  • Size: From 24sqm to 104sqm.
  • Price: From R1 795 000.
  • Apartments: Studio, one-bedroom, two-bedroom and three-bedroom apartments, with wi-fi, 24-hour security, and in-house cleaning and concierge services.
  • Amenities: Rooftop bar, pool and restaurant; fitness centre and yoga studio; ground floor restaurant, deli and bar; pick ‘n pay supermarket.
  • Neighbourhood: Located on Kloof Road in Sea Point, a short walk from the iconic beachfront and promenade, and a short drive from Camps Bay and the City Centre.

3. Devonbosch in Stellenbosch

New Developments Cape Town: Devonbosch in StellenboschNew Developments Cape Town: Devonbosch Stellenbosch Lounge

An urban environment surrounded by the lush vineyards and rolling hills of the Stellenbosch Winelands. Devonbosch offers a glimpse at what living environments of the future may look like; providing a safe and environmentally conscious space where denizens can live, work and play.

  • Size: From 51sqm.
  • Price: From R1 840 000.
  • Apartments: One-bedroom, two-bedroom, three-bedroom and four-bedroom apartments with fibre and kitchen appliances.
  • Neighbourhood: The urban space has retail and recreational spaces onsite, while being in close proximity to mountain biking trails, wine farms, golf courses and schools.

4. Allesverloren Village in the Riebeek Valley

New Developments Cape Town: Allesverloren Village in the Riebeek ValleyNew Developments Cape Town: Allesverloren Village Lounge

A tranquil village in the Riebeek Valley, with luxurious apartments and homes offering majestic mountain views. The resort-style facilities, combined with 24-hour medical care, makes it the ideal retirement estate.

  • Price: TBA (studios and apartments); from R1 350 000 (garden cottages); R3 950 000 (exclusive homes); R5 950 000 (luxury villas)
  • Apartments: Hotel-style studios and apartments with ensuite bathrooms, kitchenettes and private patios; one-bedroom and two-bedroom garden cottages with open-plan living and kitchen areas; two-bedroom and three-bedroom homes with ensuite bathrooms, living areas, kitchens and verandas with braai areas; three-bedroom and four-bedroom luxury villas.
  • Amenities: Restaurant; lounge and cocktail bar; library lounge; swimming pool; spa; gym; smart village; business centre; 24-hour medical care; mountain-bike and walking trails
  • Neighbourhood: Nearby attractions include the town of Riebeek Kasteel; and the Allesverloren Wine Estate. An hour’s drive from Stellenbosch and the Cape Town CBD.

5. De Zandt in Hermanus

New Developments Cape Town: De Zandt in HermanusNew Developments Cape Town: De Zandt Hermanus Lounge

This lifestyle estate will have a serene location on the shores of Walker Bay, in prime whale-watching territory. It will include a shopping centre and medical facilities, as well as various other resort-style services; so residents will rarely need to leave this private retreat and its soothing ocean and mountain views.

  • Size: From 45sqm to 345sqm.
  • Price: From R1 098 000.
  • Apartments: One-bedroom, two-bedroom and three-bedroom apartments with fibre, air-conditioning, backup power, gas braai and hob.
  • Amenities: Kid’s playground; swimming pool; braai area; tennis and squash courts; shopping centre; 24-hour medical care; 24-hour security and biometric access; pet-friendly.
  • Neighbourhood: The beach is a short walk away, and the estate is located on the R43 which connects Hermanus to Cape Town. Nearby attractions include Hermanus Golf Club, Hermanus Bowling Club, the Hermanus Country Market, wine estates, hiking and mountain-biking trails.

6. Cederberg Estate in Kuilsriver

New Developments Cape Town: Cederberg Estate in KuilsriverNew Developments Cape Town: Cederberg Estate Lounge

A secure, peaceful estate set against the slopes of the Simonsberg. The sectional title units are built around a cosy communal area with a swimming pool and outdoor fireplace, granting a village-like atmosphere to the estate, which is surrounded by the wide open spaces and natural  beauty of the Winelands.

  • Size: From 29sqm to 60sqm.
  • Price: From R1 144 000.
  • Apartments: Studio apartments; and two-bedroom apartments in three available sizes. Apartments have quality finishes, an oven and hob, and a parking bay, with extra bays available for purchase.
  • Amenities: Play park; landscaped gardens; estate clubhouse lounge area; swimming pool; braai area and pizza oven; 24-hour security; pet-friendly.
  • Neighbourhood: Situated next to Kuilsriver Golf Club; about 20km from Stellenbosch and 32km from Cape Town. Nearby points of interest include Netcare Kuilsriver Hospital, Haasendal Mall, Destinatus Private School and Bottelary Primary School.

7. Mountain Ridge Estate in Groenheuwel

New Developments Cape Town: Mountain Ridge Estate in Groenheuwel

This development will offer affordable housing in the countryside, with gardens and communal spaces that will make it ideal for family living. Perimeter walls will grant security, and there are plans for a shopping centre and other facilities that will ensure convenience to go with the tranquility of the location.

  • Size: From 45sqm to 80sqm.
  • Price: From R695 563 to R1 240 445.
  • Apartments: Two-bedroom and three-bedroom full title homes with open plan kitchen and lounge.
  • Amenities: The estate will include a shopping centre, clinic, places of worship, pre-primary and primary schools.
  • Neighbourhood: Situated between Paarl and Wellington, with easy access to main roads and public transport. Nearby points of interest include Paarl Hospital and Mid Way Shopping Centre.

Get the best deal on your investment

Looking to invest in Cape Town? ooba Home Loans can help you get the best deal on your bond by submitting your application to multiple banks, allowing you to compare deals and choose the one with the best interest rates..

We also offer a range of tools that make the property buying process easier. Start with our Bond Calculator, then use our Bond Indicator to determine what you can afford. Finally, when you’re ready, you can apply for a home loan.

Get prequalified for a home loan today

DIY with our online prequalification tool, or speak to an expert.

Get Prequalified

Ranked #1 in Financial Services on Hellopeter

hello-peter
image-stars

Average rating of 4.82 from over 3 000 reviews

Simply The Best

Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.

Tia J

Excellent Service

Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.

Brice G

Bond Application

Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

Butana M