Sea Point is in the midst of a renaissance: from a once-seedy Main Road strip running through a decaying suburb, today it’s a thriving area with upgraded amenities, beautiful views and rejuvenated sectional title living. From joggers flashing their washboard abs on the promenade, to parents enjoying the well-maintained playgrounds, to long-time residents frequenting their favourite delis and restaurants, Sea Point has something for everyone.

But it’s not all just about the grand ocean views and enviable outdoorsy lifestyle. Sea Point also has all the convenience a main street offers, so you can stock up on groceries, buy a birthday gift or pick up that tool you need to finish your DIY project. From doctors’ rooms to hairdressers, you can complete all your chores at the shops in the area before heading down to enjoy an ice cream and a slow seaside stroll. Or, if you’re looking to head further afield, the V&A Waterfront and city centre are both just a short drive away, which further adds to Sea Point’s appeal.

And what about the properties themselves? While there are plenty of high-rise luxury apartments and new townhouses on offer, there’s also a wealth of refurbished “old-school” sectional titles being snapped up. These refurbished properties offer expansive balconies, high ceilings and other historic features that newer builds don’t necessarily feature, so demand for them is high. Also, compared to Sea Point’s often exorbitantly priced neighbouring suburbs, properties here still offer relative value for money, with some apartments still selling between the R1,5m – R2,5m mark. However, apartments on the beachfront itself can now command anything between a hefty R15m to R20m.

SeaPoint_Infographic _CPT

Whatever draws you to invest in a Sea Point property, it’s clear that this suburb on the Atlantic Seaboard is a much sought-after place to live or visit on holiday – so your return on investment is likely to be a sound one.

“I love living in Sea Point because we get to take our little girls to ride their bikes on the promenade every evening.” Melissa Pharo

Property demand in Sea Point

Properties listed for sale in Sea Point comprise approximately 24% of the total sale listings in the Atlantic Seaboard area.

Approximately 26% of the interest (views) in properties for sale in the Atlantic Seaboard area is attributable to properties listed for sale in Sea Point.

 

Properties listed for rent in Sea Point comprise approximately 34% of the total rental listings in the Atlantic Seaboard area.

Approximately 39% of the interest (views) in properties for rent in the Atlantic Seaboard area is attributable to properties listed for rent in Sea Point.

Buying in Sea Point

The monthly bond repayment to purchase a typical property in Sea Point, namely a two-bedroom apartment, with the median asking price of R3,45m is R33,867 per month over 20 years at prime of 10,25% with no deposit.

Top schools

  • Sea Point Primary
  • The French School of Cape Town
  • Herzlia pre-primary and primary schools

Things to do

  • Enjoy a workout session at the outdoor gym on the promenade.
  • Swim lengths at the Sea Point Pavilion swimming pool.
  • Go for a run along the seafront and breathe in the ocean air.
  • Launch your kayak and spend some time communing with nature.

Best in food

  • Grab a frozen yoghurt crepe at the Italian-inspired Caldo & Freddo food truck.
  • Sip on delicious coffee at Jarryd’s on Regent Road.
  • Visit Sea Point dining institutions such as La Perla for seafood, Kleinsky’s Delicatessen for breakfast and La Boheme for great tapas.

 

 

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