Cape Winelands Airport: How This R8 Billion Development Will Transform Haasendal's Property Value
- House of Realtors Content Creation Team

- 7 days ago
- 3 min read

Major infrastructure investments have always been reliable predictors of property value growth. When the Cape Town International Convention Centre opened, surrounding property values surged. When the MyCiTi bus routes expanded, neighbourhoods along those corridors saw renewed interest. Now, the most significant development in decades is taking shape just minutes from Haasendal Estate: the R8 billion Cape Winelands Airport.
Understanding the Cape Winelands Airport Project
The Cape Winelands Airport represents far more than a runway. This transformative development, backed by property giant Growthpoint Properties, encompasses a 450-hectare mixed-use precinct combining aviation facilities, logistics operations, commercial development, and hospitality venues. Construction is set to begin in 2026 following environmental approvals, with the airport targeted for commissioning by 2028.
The first phase includes a realigned 3.5-kilometre runway capable of handling international flights, cargo and industrial facilities, and a boutique terminal. By 2050, the airport is projected to serve more than five million passengers annually, with development continuing over multiple decades.
Why This Matters for Haasendal Estate Owners
Haasendal Estate's location in Kuils River places it squarely within the airport's influence zone—close enough to benefit from economic activity and improved accessibility, yet far enough to avoid noise concerns. This positioning is ideal. Property analysts consistently note that areas within 15 to 20 kilometres of major airports experience enhanced demand from professionals seeking convenient travel access and from investors anticipating commercial development spillover.
The Economic Ripple Effect
The Cape Winelands Airport project promises to inject R8 billion into the local economy and create over 58,000 jobs by 2050. These aren't just construction jobs—they're permanent positions in aviation, logistics, hospitality, retail, and professional services. Many of these workers will seek housing in nearby areas, creating sustained demand for quality residential properties like those at Haasendal Estate.
The project also addresses Cape Town's critical shortage of industrial land. With the city's only viable expansion direction being northwards along the Cape Winelands corridor, this development will catalyse growth throughout the region.
Infrastructure Improvements Benefiting the Area
Supporting the airport development, significant road infrastructure upgrades are planned. The R300 Kuils River Freeway extension will connect the current terminus at the N1 through to Wellington Road, dramatically improving connectivity between Haasendal Estate and the broader region. These transport improvements alone typically drive property value increases of five to ten percent in affected areas.
Growthpoint's Involvement Signals Confidence
Growthpoint Properties, co-owner of the V&A Waterfront and holder of property assets worth R155.8 billion, has made a significant investment in the Cape Winelands Airport project. When South Africa's largest listed property company commits to a development of this scale, it represents a powerful endorsement of the area's growth potential. Sophisticated institutional investors don't make such commitments without extensive due diligence confirming long-term value creation opportunities.
Historical Precedent for Property Value Growth
International examples demonstrate the property impact of airport developments. Areas surrounding Dubai's Al Maktoum International Airport saw property values increase by 20 to 30 percent in the years following announcement and construction. Closer to home, properties near the Lanseria Airport corridor have experienced sustained growth as that facility expanded. The Cape Winelands Airport, with its broader mixed-use vision, may generate even more significant impacts.
Timing Your Investment
The optimal time to invest in areas benefiting from major infrastructure is before construction begins, when prices still reflect current conditions rather than future potential. With the Cape Winelands Airport breaking ground in 2026, the window for acquiring property at pre-development prices is narrowing. Haasendal Estate currently offers entry points that may seem remarkably affordable in five years' time when the airport's economic impact is fully evident.
Position Yourself for the Transformation
The Cape Winelands Airport will fundamentally reshape the Northern Suburbs property landscape. For investors and homebuyers with the foresight to act now, Haasendal Estate represents an opportunity to acquire quality property in the path of progress.
At House of Realtors, we help investors and homebuyers understand how infrastructure developments like the Cape Winelands Airport will impact property values. Our team provides expert guidance on positioning your property portfolio to benefit from the Northern Suburbs' transformation. Call us today on 021 976 7696 to discuss current Haasendal Estate opportunities before the airport effect takes hold.





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