Retail to Let in Westlake

Westlake is a commercial suburb situated in the Western Cape, positioned near major regional transport routes including the M3 highway, which provides direct access towards the Cape Town city centre located roughly 25 kilometres to the north. The area is also connected via Ou Kaapse Weg and the M5, making it accessible from the Southern Suburbs and the broader peninsula. Public transport options primarily include local minibus taxi routes and commuter bus services operating along the main arterial roads.

Commercial property in Westlake generally consists of low-rise business parks and mixed-use developments. Notable nodes within the area include Westlake Lifestyle Centre, Westlake Square, Silvan Park, Westlake Business Park, and Silverberg Terraces. The built environment suits a range of tenants requiring office, light industrial, and retail space, positioning the suburb alongside other commercial nodes we cover such as Claremont, Wynberg, and the Cape Town CBD.

The retail space to let market in Westlake features asking rentals averaging around R133 per square metre per month, with historical asking rentals shifting by about 12% between 2006 and 2014 across units ranging from 37 to 668 square metres.