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February 25.2025
3 Minutes Read

Discovering Atterbury's Richmond Park: A Game Changer for Cape Town's Commercial Real Estate

Aerial view of mixed-use developments in Cape Town.

Richmond Park: A Catalyst for Commercial Growth in Cape Town

Atterbury's Richmond Park development is rapidly transforming Cape Town's commercial landscape, representing a significant investment in mixed-use properties. Located strategically along the N7 highway in Milnerton, this multi-billion rand project sets a new benchmark for commercial environments in the Western Cape.

Connectivity and Infrastructure: Key Advantages for Businesses

One of the standout features of Richmond Park is its unparalleled connectivity. With direct access to major transport arteries, including the N7 and Plattekloof Road (M14), businesses have seamless links to vital areas such as the Cape Town Port and the International Airport. This type of access is instrumental for companies that rely on logistics and distribution.

In addition, Atterbury has prioritized modern infrastructure. Comprehensive road upgrades ensure smooth traffic flow, while fiber optic installations support enhanced business operations. The robust power supply from Eskom further translates into operational cost advantages for the tenants.

Richmond Corner: A Thriving Retail Hub

The retail component of the development, known as Richmond Corner, is already attracting well-known national retailers, including Pick ‘n Pay, Woolworths, and Clicks. The inclusion of popular eateries like Vida e Café and Burger King adds to the vibrancy of the area, making it a focal point for both business occupants and the local community. This retail mix is essential; it not only serves employees but also creates employment opportunities for local residents.

Complementary Developments Enhancing the Cape Town Portfolio

Apart from Richmond Park, Atterbury’s Trumali Park in Stellenbosch complements this growth story. Offering A-Grade office spaces visible from the R44, Trumali Park caters to businesses looking for premium locations within the Winelands' commercial hub. With extensive green spaces and ample parking, it highlights the developer's commitment to integrating nature into urban environments.

Looking Ahead: Future Developments and Market Trends

The successes of Richmond Park and Trumali Park illustrate the potential of mixed-use developments in addressing contemporary business needs. As urban centers increasingly shift towards integrated living and working spaces, such developments are expected to proliferate. Key market trends indicate steady growth in both commercial real estate and residential property, driven by demands for greater accessibility and community-centric environments.

The Bigger Picture: Nuances of Urban Planning

These developments not only cater to businesses but also reflect broader urban planning strategies. By focusing on mixed-use spaces, Atterbury is contributing to sustainable construction practices and effective urban regeneration efforts in Cape Town. Understanding the balance between commercial needs and community living is vital for the growth of smart cities in the future.

Conclusion: A New Era for Cape Town's Economic Landscape

Atterbury's Richmond Park exemplifies how innovative developments can catalyze economic growth while addressing the needs of businesses and local communities. As they continue to expand their footprint in the Western Cape, the focus remains on creating integrated environments that foster collaboration and sustainable growth. For businesses interested in prime property opportunities, Atterbury’s headquarters in Pretoria invites inquiries to explore these lucrative options.

Real Estate

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11.22.2025

Discover Why Steenberg Golf Estate is the Ideal Property Investment in Cape Town

Update Steenberg Golf Estate: The Prime Choice for Property Investment in Cape Town In the sprawling landscape of South Africa's property market, with nearly 7,700 registered estates, Steenberg Golf Estate stands out as a beacon of luxury living and promising investment opportunities. Positioned impressively at 32nd nationwide, according to Lightstone data, this estate not only embodies a haven for discerning homeowners but also presents a compelling proposition for astute investors. A Shifting Demographic Landscape As the property dynamics evolve, Steenberg Golf Estate is witnessing a notable demographic shift. Recent data highlights that, in the year ending September 2025, 42.86% of buyers were aged between 50 and 64, accompanied by 28.57% from the 36 to 49 age group. This influx of younger buyers is juxtaposed against a backdrop of sellers predominantly over the age of 65, indicating a rejuvenation of the community where seasoned homeowners facilitate the entry of a new generation seeking not only a superior lifestyle but a sound financial asset. Steve Thomas from Lew Geffen Sotheby's International Realty aptly describes this phenomenon as a “perfect storm of desirability.” The residential property market at Steenberg is not merely about ownership; it’s about investing in an amenity-rich lifestyle that's hard to find so close to urban centers. Investment Value and Lifestyle Steenberg Golf Estate's premium status is reflected in its median property valuations, which reached around R15.35 million over the past year, escalating to R17.75 million for properties sold in 2025 alone. This rise denotes a strong interest and belief in the investment potential of this estate. Such figures not only validate the value but also illustrate the estate's appeal as a lucrative investment opportunity. The estate boasts a remarkable sense of security with 24-hour guarded access alongside wide-ranging amenities that include top-tier schools, leading restaurants, and leisure facilities. Families find comfort knowing their children can play freely amid the gated community's secure environment. Convenience is a critical appeal, with the vibrant Cape Town CBD and the picturesque beaches of False Bay just a short drive away. Exceptional Rental Potential For those looking at the commercial real estate aspect, the potential for rental income is a significant attraction. With holiday rentals in the estate commanding prices between R5,000 to R30,000 per day, property owners can benefit from strong and consistent income streams throughout the year, rather than just during peak tourist seasons. The allure of a renowned golf course and extensive leisure facilities play crucial roles in enriching this investment landscape. The estate features an acclaimed 18-hole golf course designed by celebrated architect Peter Matkovich, with its landscapes enhancing the living experience. Homeownership automatically grants golf membership, further augmenting the investment value and lifestyle appeal. A Spotlight on Luxury Living Take, for instance, a stunning four-bedroom residence currently listed for R30 million. Situated in a secluded corner of the estate, this double-storey home features sweeping mountain views and luxurious amenities including a pool and jacuzzi. According to Thomas, this property encapsulates modern luxury with its expansive living spaces and high-end finishes, catering to those who appreciate both comfort and style. Looking Ahead: Investment Trends and Opportunities The allure of Steenberg Golf Estate does not simply rest on its current market standing, but also on the trends steering the future of property investments. With a focus on sustainable practices and infrastructure development in property projects, the estate is a leading example of balancing luxury living with a conscious approach. As global attention turns toward creating smart cities and sustainable urban planning, Steenberg exemplifies how residential developments can blend with nature while fostering community interaction and connectivity. Your Next Step Towards Investment in Steenberg With attractive property appreciation trends, an evolved demographic of buyers, and a wealth of lifestyle offerings, Steenberg Golf Estate stands as an increasingly appealing option for individuals and families alike seeking robust returns on investment. Now is a compelling time to consider making a property investment in this premier estate, as the real estate market is continually moving toward heightened desirability. Whether you’re an investor eyeing rental yields or a family seeking an inviting community to call home, Steenberg Golf Estate provides both lifestyle and investment opportunities not to be missed.

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