Marina Residential Estate is the Atlantic Seaboard's top-performing, showcasing the perennial appeal of waterfront living in Cape Town. Located within the world-famous V&A Waterfront, the estate features around 500 luxury apartments spread across 17 residential buildings on the water's edge. It offers panoramic views of private yacht basins and active waterways, top-tier 24-hour security, and immediate access to high-end cosmopolitan city living.
This guide covers everything you need to know about Marina Residential Estate from its property market and investment case to security, amenities, and lifestyle.
What Is Marina Residential Estate Cape Town?
The residential estate is a secure, luxury development situated within Cape Town's historic working harbour against the backdrop of Table Mountain. The estate features several low-rise luxury apartment blocks named after historical sailing vessels, surrounded by tidal canals and a private marina basin.
The estate comprises 500 luxurious apartments overlooking the yacht marina or the canal quays, spread across 17 residential buildings. It offers secure underground parking, several pool areas as well as a main swimming pool, and a gym.
Location & Setting
| Category | Details |
|---|---|
| Location | V&A Waterfront, Cape Town |
| Setting | Historic working harbour against the backdrop of Table Mountain |
| Layout | Low-rise luxury apartment blocks surrounded by tidal canals and private marina basin |
| Proximity | Walking distance to V&A Waterfront shopping district, Victoria Wharf, Zeitz MOCAA art museum |
| Airport | 20 minutes to Cape Town International Airport |
Why Choose Marina Residential Estate Cape Town?
Unbeatable Location
Marina Residential Estate enjoys an enviable location within walking distance of the V&A Waterfront, Cape Town's most visited destination, and close to the city centre. Residents have immediate access to:
- World-class shopping at Victoria Wharf
- Fine dining and entertainment
- Zeitz MOCAA art museum
- The Cape Town Convention Centre (600 metres away)
- Clifton Beach (6 km away)
Secure Living in the Heart of the City
The estate offers secure living in the heart of the city. The lockdown has highlighted the advantages of living in a large estate where residents can live, work and socialise within an access-controlled, secure environment.
Lock-Up-and-Go Lifestyle
Marina estate offers a premier "lock-up-and-go" residential model popular with local semigrators, international buyers, and affluent professionals.
Security & Safety
Marina Residential Estate employs advanced round-the-clock access control, CCTV monitoring, and secure underground parking.
Key security features:
- 24-hour access control
- CCTV monitoring throughout the estate
- Secure underground parking
- Professional property management by Growthpoint
Marina Residential Estate Cape Town Property Market
Key Sales Data
| Metric | Data |
|---|---|
| Total apartments | 500 |
| Buildings | 17 |
| July 2020 sales | 6 sales worth R85.6 million |
| Largest sale (2020) | R41.4 million |
| Sales velocity | Within 4-7 days for well-priced units |
Sales Performance
The recent sale of six apartments worth R85.6 million in July 2020 shows that in challenging economic times, savvy buyers see the value of investing in a waterfront property.
A one-bedroom apartment at Pembroke sold within four days of being listed, for R7 million. Two other apartments sold within seven days of being listed.
Investment Performance
According to the Pam Golding Residential Property Index, coastal properties within 500 metres of the sea continue to outperform inland properties, fetching premium prices. For the second quarter of 2020, the premium widened to 1.2%.
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Lifestyle & Amenities
Swimming Pools & Recreation
Marina Residential Estate offers:
- 5 communal outdoor swimming pools
- A main swimming pool
- Lap pool with panoramic views of the marina
- Several pool areas spread across the estate
Fitness & Wellness
- Quarterdeck gym — state-of-the-art gym equipment
- Fully equipped fitness centre
Convenience & Services
- Secure underground parking
- 24-hour reception
- Laundry facilities
- Tour desk
- Car rental
- Free WiFi
Location & Walkability
Marina Residential Estate is within easy walking distance of:
- V&A Waterfront shopping district
- Victoria Wharf
- Zeitz MOCAA art museum
- Cape Town Convention Centre (600 metres)
- Countless restaurants, cafes, and entertainment venues
Investment Case for Marina Residential Estate Cape Town
Marina estate presents a compelling investment opportunity, backed by strong data and consistent demand.
Strong Sales Performance
| Metric | Data |
|---|---|
| July 2020 sales | R85.6 million |
| Largest sale | R41.4 million |
| Sales velocity | 4-7 days |
| Coastal property premium | 1.2% (Q2 2020) |
Value Proposition
Marina Residential Estate offers:
- Unbeatable location in Cape Town's most visited destination
- Security and professional management by Growthpoint
- Lock-up-and-go lifestyle appealing to local and international buyers
- Coastal premium properties within 500m of the sea outperform inland properties
Buyer Profile
Marina Residential Estate attracts:
- Local semigrators
- International buyers
- Affluent professionals
- Savvy investors looking for sound investment options
For more Cape Town suburbs, read our full guide to property for sale in Cape Town.
- Marina Residential Estate features 500 luxury apartments across 17 residential buildings at the V&A Waterfront
- July 2020 sales reached R85.6 million, with a R41.4 million sale
- Properties sell within 4-7 days of listing
- Coastal properties outperform inland properties by 1.2%
- 5 swimming pools, a gym, and 24-hour security
- Lock-up-and-go lifestyle ideal for semigrators and international buyers
- Professional management by Growthpoint
- Short-term letting is allowed
- Walking distance to V&A Waterfront, Zeitz MOCAA, and the Cape Town Convention Centre
- 20 minutes to Cape Town International Airport
