V&A Waterfront is best-fit for tech, banking, retail hqs, hospitality, tourism.
V&A Waterfront is best-fit for tech, banking, retail hqs, hospitality, tourism.
Tech, banking, retail HQs, hospitality, tourism.
Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.
| city | Cape Town |
|---|---|
| submarket | V&A Waterfront |
| tier | trophy |
| averageRentLocal | R240/sqm/mo · ≈ $14.4 PSF/yr USD |
| cityClassARentUsd | $11/sqft/yr |
| cityVacancyPct | 12.4% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.