the state of cape town central city report 2015

HARBOUR

V&A WATERFRONT

CAPE TOWN

RAILWAY

STATION

Cape Pe

ninsula

Universit

y of

Techno

logy

CASTLE OF

GOOD HOPE

GARDENS

DISTRICT SIX

WOODSTOCK

BO-KAAP

GAUT

ENG

TO AIRPORT

TO MUIZENBERG

TO P

AARL

/

M3

N2

N1

BUITENSINGEL

TO V&A WATERFRONT

WATERKANT

egatir

eH

erau

qS

hcr

uh

Cer

au

qS

Pier

Place

CTICC

CANTERBURY

SHORTMARKET

Harrington

Square

City

Hall

tne

mailr

aP

Grand

Parade

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Square

ThibaultSquare

Civic

Centre

Hout

GN

OL t

ne

mailr

aP

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Hope

gru

Bytt

eJ

Mechau

gru

B

New Church

DE WAAL

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Albertus

CaledonCaledon

Old Marine

Jan Smuts

DF Malan Hamme

rschlag

Hans Strijdom

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gru

B rwL

Castle

Prestwich

Orphan

Pepper

Dorp

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Wharf

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Garden

Keerom

BloemBloem

Buiten

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lla

M se

groe

G tS

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TO CAMPS BAY

Martin

TG

AR

GN

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NELSON MANDELA BLVD

HERTZOG BLVD

ORANGE

DARLING

N

The STaTe of Cape Town CenTral CiTy reporT 2015: a year in review2

The STaTe of Cape Town CenTral CiTy reporT 2015: a year in review2 3The STaTe of Cape Town CenTral CiTy reporT 2015: a year in review

6 The STaTe of Cape Town CenTral CiTy reporT 2015: a year in review

6 The STaTe of Cape Town CenTral CiTy reporT 2015: a year in review 7The STaTe of Cape Town CenTral CiTy reporT 2015: a year in review

CAPE TOWN INTERNATIONAL CONVENTION CENTRE (CTICC)2

A comparison between the 2013-14 and 2014-15 financial year indicates the growing economic contribution of events held at this CBD-based venue.

2013-14 2014-5

Generated towards Western Cape GGP R2.8bn R3.1bn

Contributed to the national GDP R3.1bn R3.4bn

Total revenue generated R172m R197m

Value of visitor days brought to the local economy (35% by international visitors in 2015)

R1.22m R1.36m

Total foreign exchange earnings of the CTICC R1.13bn R1.20bn

Contributed to indirect household income R1.55bn R1.72bn

Direct and indirect jobs sustained throughout South Africa

7 649 8 058

18

CAPE TOWN INTERNATIONAL CONVENTION CENTRE (CTICC)2

A comparison between the 2013-14 and 2014-15 financial year indicates the growing economic contribution of events held at this CBD-based venue.

2013-14 2014-5

Generated towards Western Cape GGP R2.8bn R3.1bn

Contributed to the national GDP R3.1bn R3.4bn

Total revenue generated R172m R197m

Value of visitor days brought to the local economy (35% by international visitors in 2015)

R1.22m R1.36m

Total foreign exchange earnings of the CTICC R1.13bn R1.20bn

Contributed to indirect household income R1.55bn R1.72bn

Direct and indirect jobs sustained throughout South Africa

7 649 8 058

19


2015

86% May: 88% Nov: 83%


2015

86% May: 88% Nov: 83%

21The STaTe of Cape Town CenTral CiTy reporT 2015: a year in review


Cape Town CBD MeTro

2014 2015 2014 2015

Annual average 66.2% 63.3% 63.5% 63.7%

Highest occupancy months February (88.8%) November (85.1%) February (83.1%) February (84.1%)

March (85.4%) March (83.3%) March (79.7%) November (83.4%)

November (83.8%) February (80%) November (77.2%) March (80.3%)

Lowest occupancy months June (45.9%) June (40.3%) June (47.9%) June (42.3%)

July (52.7%) July (45.5%) July (49.8%) July (45.1%)

Room rates (per person) annual average R1 491 R1 714 R1 250 R1 360

RevPAR2 R987 R1 086 R794 R866

23


Cape Town CBD MeTro

2014 2015 2014 2015

Annual average 66.2% 63.3% 63.5% 63.7%

Highest occupancy months February (88.8%) November (85.1%) February (83.1%) February (84.1%)

March (85.4%) March (83.3%) March (79.7%) November (83.4%)

November (83.8%) February (80%) November (77.2%) March (80.3%)

Lowest occupancy months June (45.9%) June (40.3%) June (47.9%) June (42.3%)

July (52.7%) July (45.5%) July (49.8%) July (45.1%)

Room rates (per person) annual average R1 491 R1 714 R1 250 R1 360

RevPAR2 R987 R1 086 R794 R866

23

23

24 25The STaTe of Cape Town CenTral CiTy reporT 2015: a year in review

M3

M3

N2

N1

N1

BUITE

NGRA

GT

KLOO

F NEK

Buitensingel

ANNANDALE

JUTLAND

Quee

n Vict

oria Go

vernm

ent

DARLING

ROELAND

ROELAND

STRAND

STRAND

ALBERT

Waterkant

COEN STEYTLER

SOMERSET

MAIN

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BREE

BREERo

seChia

ppini

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MILL

CHRIS

TIAAN

BARN

ARD

UPPE

R BU

ITEN

KAN

T

PLEIN

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TENN

ANT

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RS

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Constitution

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Bran

dweer

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ngto

n

Parlia

ment

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HATF

IELD

EGNARO REPPU

Mol

teno

ST. JO

HNS

HEER

ENGR

ACHT

New

Churc

h

Park

MilnerUnion

Dorp

Hof

BarrackMuseum

Upper Mill

HIGHLANDS

Caledon

Old Marine

Jan Sm

uts

D.F. M

alan

Civic

NEW MARKET

TO AIRPORT

VICTORIA

CHUR

CH

Tafelberg Rd

HIGH

LEVE

L

Duncan

Castle

STRAND

Wale

LOOP

WALE

LOOP

Prestwich

Pepper

Riebeek

KLOO

F

KLOO

F

DE WAAL

SIR LOWRY ROAD

Belvedere

TO MUIZENBERG

Upper UnionCamp

Cante

rbury

Wembley

LONG

St. Ge

orges

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LONG

SIR LOWRY ROAD

KLOO

F

NEL S

ON M

ANDE

LA BL

VD TO PAARL

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MAI

N

ORAN

GE

BUIT

ENKA

NT

CT CentralPolice Station

Castle ofGood Hope

Uppe

r Can

terb

ury

CivicCentre

De Waal Park

North WharfSquare

HeritageSquare

ChurchSquare

Pier Place

FoundersGarden

CPUT

Artscape Theatre

HarringtonSquare

ThibaultSquare

CompanysGarden

SIGNAL HILL

Grand Parade

City Hall

GreenmarketSquare

Cape TownRailway Station

Mini Bus Taxi Rank

Bus services

CPUT & DISTRICT SIX

GARDENS

LOWE

R

GARD

ENS

BO-KAAP

WOODSTOCK

NT

HARBOUR

V&A WATERFRONT

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OF

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STRAND

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r

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teno

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ENGR

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LOOP

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DE WAAL

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ON M

ANDE

LA BL

VD

ORAN

GE

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ITEN

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dweer

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ngto

n

Parlia

ment

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HATF

IELD

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Mol

teno

ST. JO

HNS

HEER

ENGR

ACHT

New

Churc

h

Park

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Union

Dorp

Hof

BarrackMuseum

Upper Mill

HIGHLANDS

Caledon

Old Marine

Jan Sm

uts

D.F. M

alan

Civic

NEW MARKET

TO AIRPORT

VICTORIA

CHUR

CH

Tafelberg Rd

HIGH

LEVE

L

Duncan

Castle

STRAND

Wale

LOOP

WALE

LOOP

Prestwich

Pepper

Riebeek

KLOO

F

KLOO

F

DE WAAL

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Upper UnionCamp

Cante

rbury

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St. Ge

orges

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LONG

SIR LOWRY ROAD

KLOO

F

NEL S

ON M

ANDE

LA BL

VD TO PAARL

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MAI

N

ORAN

GE

BUIT

ENKA

NT

CT CentralPolice Station

Castle ofGood Hope

Uppe

r Can

terb

ury

CivicCentre

De Waal Park

North WharfSquare

HeritageSquare

ChurchSquare

Pier Place

FoundersGarden

CPUT

Artscape Theatre

HarringtonSquare

ThibaultSquare

CompanysGarden

SIGNAL HILL

Grand Parade

City Hall

GreenmarketSquare

Cape TownRailway Station

Mini Bus Taxi Rank

Bus services

CPUT & DISTRICT SIX

GARDENS

LOWE

R

GARD

ENS

BO-KAAP

WOODSTOCK

NT

HARBOUR

V&A WATERFRONT

LOWER KLOOF

GREEN POINT

LOWE

R BO-K

AAP

UPPE

R

CBD

THE F

RINGE

THE FORESHORE

LOWE

R

CBD

TABLE MOUNTAIN NATIONAL PARK

HELEN SUZMAN BLVD

TAM

BOER

SKLO

OF

M3

M3

N1

N1

ANNANDALE

ROELAND

STRAND

BREE

ADDE

RLEY

r

e

HATF

IELD

Mol

teno

HEER

ENGR

ACHT

HIGHL

LOOP

F

DE WAAL

Belvedere

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ON M

ANDE

LA BL

VD

ORAN

GE

North WharfSquare

CPUT

HarringtonSquare

ThibaultSquare

GNAL HILL

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BO-KAAP

BUITE

NGRA

GT

JUTLAND

MILL

WALE

SIR LOWRY ROAD

LONG

HERTZOG BOULEVARD

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STRAND

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N2


Overall average sale price

2015

TOTal value Of all residenTial uniTs sOld2013

R249m across

163 units

2014

R296m across

191 units

2015

R376m across

185 units

R1.428mR1.552m

2013 2014

R2.031m


Overall average sale price

2015

TOTal value Of all residenTial uniTs sOld2013

R249m across

163 units

2014

R296m across

191 units

2015

R376m across

185 units

R1.428mR1.552m

2013 2014

R2.031m

29The STaTe of Cape Town CenTral CiTy reporT 2015: a year in review

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V&A WATERFRO

NT

CAPE TO

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RAILW

AY

STATION

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hlag

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gruB rwL

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Prestw

ich

Orphan Pepper

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n

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N

31

the state of cape town central city report 2015

Documents