R21 billion Cape Town smart city launches its final waterfront property development
A new premium residential development, The Bridges, is launching in Century City’s Ratanga Park precinct as the smart city’s final waterfront offering, combining lifestyle appeal with strong investment potential.
The mixed-use precinct Century City in Cape Town has expanded rapidly to more than one million square metres of developed or planned bulk, with total investment now exceeding R21 billion.
Several new developments are currently underway at the smart city. This includes a new 10,333 m² premium office development, Canal Plaza.
Set for occupation in May 2027, Canal Plaza will be one of the last developments to overlook the Intaka Island Nature Reserve in Century City.
A new residential development, The Bridges, is also currently being developed by Rabie Property Developers and designed by Vivid Architects.
The project comprises three eight-storey buildings overlooking waterways, landscaped parkland, and views toward Table Mountain and Table Bay.
With Phase One (West Bridge) fully sold out, sales for Nexus, the second phase of the development, have now opened. A third phase will follow.
The development offers a mix of studios, one-bedroom, two-bedroom apartments, and a limited number of penthouses, all designed with a focus on compact urban luxury, security, and long-term value.
Studio apartments in Nexus range from 29 to 32 square metres and are primarily aimed at investors and short-term letting demand.
One-bedroom units range from 36 to 49 square metres, with select apartments offering private gardens or balconies.
Two-bedroom apartments span approximately 66 to 75 square metres, with larger configurations extending over 100 square metres when including outdoor space.
The top floor is reserved for six penthouses ranging from 85 to 136 square metres, offering premium views and larger living spaces.
Inside The Bridges
Prices at The Bridges start from approximately R2.42 million for one-bedroom apartments and reach over R9.7 million for penthouses.
According to the developers, this pricing reflects the development’s premium positioning within Century City’s established residential market.
The development is structured around a strong amenity offering. Residents will have access to a clubhouse, swimming pool, landscaped gardens, pet-friendly areas, and direct water access via a resident jetty.
Security includes 24-hour access control, CCTV monitoring, and precinct-wide surveillance. Additional features include full backup power, fibre connectivity, and smart precinct infrastructure.
The location is a key driver of demand. The Bridges sits within walking distance of Canal Walk Shopping Centre and Century City Urban Square, providing access to retail, dining, entertainment, and business services.
Nearby amenities include hotels, gyms, medical services, and recreational infrastructure such as Ratanga Park’s running routes, canal access, and padel courts.
The precinct also offers direct connectivity to Cape Town’s CBD, the V&A Waterfront, Atlantic Seaboard beaches, and Cape Town International Airport.
From an investment perspective, The Bridges is positioned to benefit from limited remaining developable land in Century City, sustained demand for rental accommodation, and strong price growth in the Ratanga Park precinct.
With VAT-inclusive pricing, no transfer duty, and growing demand for urban waterfront living, the development targets both end-users and investors seeking long-term capital appreciation in a constrained supply environment.
The Bridges
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