Table of contents
- Introduction
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- Unveiling Gardens
- Location, Logistics and Economic Significance
- Why to invest – Market potential, Growth and Development
- What is on offer?
- Commercial Opportunities
- Market trends and demographics – what's going on
- Featured points.
- Summary
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- Why Gardens is the ideal location for your business requirements.
Discover Gardens: A blend of Urban Convenience and Natural Beauty
Unveiling Gardens
Cape Town is a vibrant city located on the southwestern tip of South Africa, and it is known for its stunning natural beauty, diverse culture, and rich history. The Gardens neighbourhood is one of the central areas of Cape Town and is situated at the foot of Table Mountain. The rich history of gardens dates to the early European settlement at the Cape of Good Hope. In the mid-17th century, the Dutch East India Company established a refreshment station at the Cape of Good Hope to provide fresh produce for ships travelling between the Netherlands and the Dutch East Indies. The area was initially developed as a garden to supply vessels with fresh vegetables and fruits. This garden eventually became the Company's Garden, a public park that still exists today.
The Gardens area evolved into a more residential and commercial district. Gardens are known for their well-preserved colonial architecture, including historic houses and buildings that reflect the architectural styles of different periods. These structures are protected as part of Cape Town's cultural heritage.
Today, Gardens is a diverse and vibrant neighbourhood characterized by its historical charm, cultural attractions, and proximity to iconic landmarks such as Table Mountain. The area's history is intertwined with the broader history of Cape Town and South Africa.
Location, Logistics and Economic Significance
Gardens is remarkably close to the central business district of Cape Town, making it a convenient and accessible residential and commercial area. It is at the eastern base of Table Mountain, one of Cape Town's most iconic landmarks.
The suburb is well-connected by roads, and major routes like Kloof Street run through the area. It is easily accessible from the city via the N2 highway and well-connected by public transportation, including buses and minibus taxis.
The central location of the Gardens makes it a desirable place to live and work, offering a blend of urban convenience and natural beauty. It's a neighbourhood that reflects the historical and cultural heritage of Cape Town.
Why to invest – Market Potential, Growth and Development
The area has seen a surge in mixed-use developments, combining residential, commercial, and retail spaces. This trend aligns with modern urban living preferences and can provide diverse investment opportunities. Restaurants, bars, pubs, and entertainment venues contribute to the nightlife in Gardens, offering social spaces for locals and visitors. Naturally, the vibrant area and nearby amenities benefit from professional services such as law firms and consulting services, creative and tech communities, and attracting startups, artists, and entrepreneurs. This growth can foster innovation and entrepreneurial activities, potentially leading to higher rental yields and property values. The ongoing gentrification and expansion of Gardens, with the minor renovations of spaces into modern apartments and workspaces, could increase property values and rental income. It is important to note that the real estate market can be subject to fluctuations, and investment decisions should be made after conducting thorough market research, financial analysis, and consulting with real estate professionals. The neighbourhood hosts cultural events that draw visitors and residents alike. These activities can contribute to increased foot traffic and demand for local businesses. While past performance does not indicate future results, the ever-growing interest in gardens and its proximity to Cape Town's economic activities offers the potential for property appreciation over time.
What is on offer
Commercial Opportunities
Gardens, Cape Town, is known for its commercial and retail properties due to its historical roots, significant location, and cultural attractions. It is essential to stay current with the property market to find the most recent information, as the market can change over time.
As in many urban areas, commercial spaces to let-in Gardens include several office spaces to suit diverse needs and preferences. The availability of these office spaces may vary depending on the location of Salt River. You will find various options suited to your requirements and budget, from C-grade offices with rentals between R 70 and 80 per sqm, B-grade offices usually fall within the R 80-R120 per sq.m range, and AAA Grade office spaces, ideal for businesses seeking premium amenities available at R 170-R250 per sq.m.
Here are some common types of office spaces you may find:
- Traditional Office Spaces: These are standard, privately leased office spaces in commercial buildings. They typically include individual offices, meeting rooms, and communal areas. Traditional offices provide more privacy and customisation options.
- Co-Working Spaces: Co-working spaces offer flexible office solutions where individuals and small businesses can rent desks, workstations, or private offices on a short-term basis. They often include high-speed internet, communal areas, and meeting rooms.
- Serviced Offices: Serviced offices are fully furnished and equipped with services like reception, cleaning, maintenance, and utilities included in the rent. They are ideal for businesses looking for turnkey solutions.
- Shared Office Spaces: Shared office spaces are like co-working but may have a more community-focused atmosphere. They often cater to specific industries or niches, fostering collaboration among members.
- Retail/Office Spaces: Some properties in Gardens may offer mixed-use spaces that combine retail and office elements. These spaces can suit businesses that want to highlight products and have office facilities.
- Creative and Tech Hubs: Depending on the area, you may find creative or tech hubs that cater to companies in the creative or technology industries. These spaces often have a unique, inspiring design.
- Home Offices: Some businesses in Gardens may operate from home offices, especially if they are small startups or sole proprietors.
Property Options
Office Space | Longkloof Studios,4 Darters Rd | 53030 (anvil property.co.za)
Office Space | 17 Jamieson Street, Gardens, Cape Town | 80595 (anvil property.co.za)
Office Space | Wembley Square,40 Solan Road | 80078 (anvil property.co.za)
Retail Opportunities
Retail spaces to rent in Gardens include several spaces to suit diverse needs and preferences. These retail spaces' availability may vary depending on the specific area of the Gardens. You will find various options suited to your requirements and budget, from B-grade retail with rentals between R 100-R200 per sq.m range and AAA-grade retail spaces, ideal for businesses seeking premium attraction and supporting companies and co-ops available at R 200-R400 per sqm.
Here are some common types of retail spaces you may find in the Gardens area:
- Restaurants and Cafés: Gardens has a lively culinary scene with various restaurants, cafes, and eateries offering diverse cuisines. From trendy coffee shops to fine dining establishments, options suit multiple tastes.
- Retail Stores: The area features a range of retail establishments, including boutique shops, clothing stores, art galleries, and speciality stores. Kloof Street is known for its eclectic mix of shops.
- Hotels and Accommodations: Due to its central location and proximity to tourist attractions, Gardens is home to hotels, bed and breakfasts, and other accommodation options catering to tourists and business travellers.
- Art Galleries and Studios: Gardens are known for their cultural and artistic vibe, with several art galleries and studios showcasing local and international talent.
- Professional Services: Various professional services such as law firms, accounting offices, and consulting services are present in Gardens, serving the needs of the local community and businesses.
- Tech and Innovation Spaces: As Cape Town is growing as a hub for technology and innovation, you may find co-working spaces, tech startups, and innovation hubs in and around the Gardens area.
- Fitness and Wellness Centers: Gyms, yoga studios, and wellness centres cater to health-conscious residents and visitors in the neighbourhood.
- Educational Institutions: Gardens are close to the city centre, which may include educational institutions such as language schools, training centres, or other learning facilities.
- Entertainment Venues: Bars, pubs, and entertainment venues contribute to the nightlife in Gardens, offering social spaces for locals and visitors.
- Tourism-related Businesses: Given its proximity to attractions like Table Mountain and the Company's Garden, Gardens hosts businesses related to tourism, such as tour operators, souvenir shops, and guided tour services.
Property Options
Office Space | Lifestyle on Kloof, 50 Kloof St | 75856 (anvil property.co.za)
Retail Space | 179 Buitengracht St, Gardens, Cape Town | 75910 (anvil property.co.za)
Retail Space | 24 Kloof Street | 69489 (anvil property.co.za)
Retail Space | 10 Kloof Street | 66876 (anvil property.co.za)
Market trends and Demographics – what's going on?
Gardens has diverse population includes young professionals, families, and retirees. The central location attracts people with various lifestyle preferences. Given its cultural attractions and historical significance, Gardens may attract a mix of local and international residents who appreciate the area's cultural diversity and rich heritage. The neighbourhood's cultural and creative scene has continued to grow, with art galleries, cultural events, and creative spaces contributing to the area's appeal. This can attract businesses catering to the arts and cultural industries. The central location and cultural amenities may make Gardens appealing to individuals with higher education and those working in creative or knowledge-based sectors. Cape Town, in general, has been positioning itself as a hub for technology and innovation. If this trend continues, Gardens may see an increase in tech startups, co-working spaces, and innovation-driven businesses. Proximity to tourist attractions like Table Mountain and the Company's Garden means that Gardens may see a seasonal influx of tourists, impacting local industries and the overall dynamic of the area.
To find the most up-to-date information on events in Salt River, consider checking local event listings, community websites, and social media platforms.
Featured Points
Relax in the Company Gardens
The Company’s Garden was a location for one of the first farms supplying fresh produce to arriving and departing seafarers. Although these days it’s better known as a place to feed squirrels, there is now a restaurant beneath the trees and a small fresh produce farm as a throwback to that distant era. Combining the lush gardens with the numerous museums makes it a must-visit.
“The National Gallery is a staple for many locals and tourists; check in every few months to see who’s on exhibition and reconnect with some of the seminal South African permanent collection pieces. The Planetarium has also been a must-visit, significantly since the revamp.
Company’s Garden Restaurant (thecompanysgarden.com)
Eat out on Kloof Street
Kloof Street runs through the heart of Gardens, and it’s here that you’ll find some of the neighbourhood's best restaurants. Head to Kloof Street House for cocktails, tapas, and great views of the mountain and the surroundings from the entertainment deck. Another recommendation is its sister restaurant, Asoka, further up the road, serving delicious food in a classy but unpretentious environment.
The Italian restaurant Bacini’s doesn't disappoint if you’re heading to the top of the street.
The Taqueria, El Burro, is up and around the corner for tacos and tequila.
For a late-night slice, head to NY Slice, or for a casual sit-down meal of chili-poppers and frozen margarita jugs, the Fat Cactus rarely disappoints.
ASOKA Restaurant, Bar & Lounge
Bacini's Pizzeria Online Store – Bacini's on Kloof (bacinisonkloof.co.za)
Summary
Why Gardens is the ideal location for your business requirements
- Strategic Location: Gardens are in the Cape Town metropolitan area, the outskirts of the city centre. It is easily accessible from the city via the N1 highway and well-connected by public transportation, including buses, minibus taxis and trains.
- Demographics: Known for its cultural diversity. It is a melting pot of different ethnicities and backgrounds, making it a dynamic and vibrant community. Gardens has emerged as a creative hub, attracting startups, artists, and entrepreneurs. This growth can foster innovation and entrepreneurial activities, potentially leading to higher rental yields and property values. Opportunities.
- Networking Opportunities: The neighbourhood hosts cultural events, markets, and festivals that draw visitors and residents alike. These activities can contribute to increased foot traffic and demand for local businesses.
- Expansion Possibilities: While past performance does not indicate future results, the transformation of Gardens and its proximity to Cape Town's economic activities offers the potential for property appreciation over time, catering to businesses’ growth needs.
Overall, Gardens is a unique and evolving neighbourhood in Cape Town with a rich history, cultural diversity, and a growing creative scene. It is a place where tradition and modernity coexist, making it an exciting and vibrant part of the city.
It is important to note that the status of an "upcoming" area can change over time, and real estate markets can fluctuate. Suppose you are considering Gardens as a place to live or invest. In that case, conducting thorough research, consulting with real estate professionals, and staying updated on the latest developments to make informed decisions is advisable. Additionally, consider visiting the neighbourhood to get a firsthand feel for its atmosphere and potential.
Are you interested in the opportunities that Gardens has to offer? Contact us to explore your ideal commercial and industrial property for your business.