V&A Waterfront is best-fit for tech, banking, retail hqs, hospitality, tourism.

  • Tier: trophy.
  • Tenant fit: Tech, banking, retail HQs, hospitality, tourism.
  • Average rent R240/sqm/mo · ≈ $14.4 PSF/yr USD.

V&A Waterfront, Cape Town: best fit for…

V&A Waterfront is best-fit for tech, banking, retail hqs, hospitality, tourism.

TL;DR

  • Tier: trophy.
  • Tenant fit: Tech, banking, retail HQs, hospitality, tourism.
  • Average rent R240/sqm/mo · ≈ $14.4 PSF/yr USD.

Best fit

Tech, banking, retail HQs, hospitality, tourism.

Less good fit

Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.

Key facts

cityCape Town
submarketV&A Waterfront
tiertrophy
averageRentLocalR240/sqm/mo · ≈ $14.4 PSF/yr USD
cityClassARentUsd$11/sqft/yr
cityVacancyPct12.4%

Frequently asked questions

Is V&A Waterfront the right fit for my office?
Tech, banking, retail HQs, hospitality, tourism. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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