Invest in the lucrative Cape Town property market – New Paarden Eiland residential development with units starting at R950,000
Maritime Place – a new residential development by Rawson Developers – is bringing high-end apartments to the historic industrial heartland of Paarden Eiland.
The development will feature 334 units and harness the area’s unique charm and advantageous position to provide residents with high-quality urban living – all while maintaining the area’s alluring ambience.
Maritime Place is expected to be completed in December 2026, with unit prices ranging from R950,000 to R3.2 million.
This represents outstanding value for money – particularly for property investors, as these units will deliver a high return on investment.
Spacious units and amenities
Maritime Place offers investors units in various sizes and configurations. These are:
- Studio – 27sqm to 34sqm, with a 5sqm to 14sqm balcony
- 1 Bed – 39sqm to 48sqm, with an 8sqm balcony
- 2 Bed – 49sqm to 56sqm, with a 4sqm to 5sqm balcony
- 3 Bed – 66sqm to 71sqm, with a 3sqm to 4sqm balcony
Thanks to its positioning, these units will have excellent views of the ocean and Table Mountain, as well as Melkbos and the Stellenbosch Mountains.
All residents will have easy access to multiple amenities, too.
A restaurant, coffee shop, swimming pool, and fitness centre provide instant access to great food and a healthy lifestyle. This is complemented by a co-working space, as well as high-speed fibre internet access for all units.
To complete the package, each unit at Maritime Place can have an optional inverter installed, while rentable parking space and storage units are also available.
A great investment
With its prime location in Cape Town and a long list of sought-after amenities, Maritime Place represents an excellent investment opportunity.
Not only can you expect high rental income on the units, high demand for Cape Town property means you will also see appreciation on the retail value in the years to come.
Click here to learn more about Maritime Place.
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