Commercial property on auction in Beachfront

Description

Auction Information: • Property Address: 5 Marine Circle, Table View, Cape Town • Auction Format: Online Auction • Bidding Closes: Thursday, 16 July 2026 @ 2:30 PM • Opening Bid: R 80 000 000 • Estimated Market Value: R 150 000 000 to R 180 000 000 • Property Type: Commercial • Erf Size: 4 040 m² • Floor Size / Proposed GBA: 36 534 m² Key Features: • Approved, ready-to-build high-rise development opportunity • Prime Marine Circle / Table View / Blouberg coastal node • Landmark-style 19-storey mixed-use development concept • Property identified in architectural concept material as Erf 13599, Table View • Full-title commercial property with substantial development scale • Erf size: 4 040 m² • Proposed GBA / floor size: 36 534 m² • Approximately 269... Auction Information: • Property Address: 5 Marine Circle, Table View, Cape Town • Auction Format: Online Auction • Bidding Closes: Thursday, 16 July 2026 @ 2:30 PM • Opening Bid: R 80 000 000 • Estimated Market Value: R 150 000 000 to R 180 000 000 • Property Type: Commercial • Erf Size: 4 040 m² • Floor Size / Proposed GBA: 36 534 m² Key Features: • Approved, ready-to-build high-rise development opportunity • Prime Marine Circle / Table View / Blouberg coastal node • Landmark-style 19-storey mixed-use development concept • Property identified in architectural concept material as Erf 13599, Table View • Full-title commercial property with substantial development scale • Erf size: 4 040 m² • Proposed GBA / floor size: 36 534 m² • Approximately 269 proposed apartments • Residential, commercial, and retail components • Approximately 2 598 m² of saleable commercial area • Proposed residential floors from level 5 through level 19 • Unit mix includes studio / 1-bed studio units, 1-bedroom, 2-bedroom, and 3-bedroom apartments • Prominent Marine Circle position with coastal exposure, ocean views, and strong visibility • Modern glass-heavy facade with high-rise architectural profile • Major investor, developer, and landmark coastal development appeal Property Description: An exceptional approved mixed-use high-rise development opportunity is going on auction in one of Cape Town’s most recognisable coastal positions. Situated at 5 Marine Circle, Table View, this full-title commercial property presents a rare opportunity to secure a large-scale, ready-to-build development site in the Marine Circle / Table View / Blouberg coastal node. With all approvals in place, the property offers developers and investors the chance to move forward with a proposed landmark-style high-rise scheme in a high-visibility coastal location. The supplied architectural concept material identifies the property as Erf 13599, Table View, and proposes a modern 19-storey mixed-use development with residential, commercial, and retail components. The concept includes a substantial gross building area of approximately 36 534 m², supported by structured parking, reception and lobby areas, service areas, and storage. The residential component is proposed from level 5 through level 19 and comprises approximately 269 apartments. The unit mix includes studio / 1-bed studio units, 1-bedroom apartments, 2-bedroom apartments, and 3-bedroom apartments, creating a development profile well suited to coastal lock-up-and-go buyers, investors, rental demand, lifestyle purchasers, and short-term accommodation demand. The mixed-use component adds further depth to the opportunity, with approximately 2,598 m² of saleable commercial area. This allows for a combination of commercial, retail, and office-style space within the lower levels of the development, creating a strong street-level and podium-level presence in a prominent coastal position. Parking has also been incorporated into the proposed development, with approximately 357 parking bays indicated across the semi-basement, ground floor, commercial level, and dedicated parking level. The overall concept is designed around scale, visibility, and usability, with the proposed modern glass-heavy facade, balconies, and high-rise architectural profile giving the scheme a strong landmark presence. This is a serious development opportunity in the Western Cape’s premier property market. With its coastal exposure, proposed mixed-use yield, apartment-scale commercial component, and ready-to-build approval status, 5 Marine Circle offers developers and investors the opportunity to shape a prominent part of the Blouberg skyline. Approved. Ready to build. Positioned for impact. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#1647175288","type":"c"}));

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Portal facts

Price

POA

Listing Date

23 June 2026

Listing Number

117346248

Street Address

5 Marine Circle, Beachfront

Type of Property

Commercial Property