Commercial Property To Rent in Cape Town

Property description

An entire 11th floor of 979 m² is available to let immediately at The Terraces, an A-grade, 16-floor building in the popular Bree Street node of the Cape Town CBD. The floor combines offices, open-plan space, meeting rooms, a kitchen and pause areas, with a private balcony facing the harbour.

The Terraces offers top-class space with magnificent views. The building has recently had a major internal upgrade to its common area foyers and bathrooms, and all lifts have been replaced with state-of-the-art high-speed lifts. You are surrounded by Bree Street’s restaurants, cocktail bars and coffee shops, with excellent access to public transport and the major freeways.

Features

Entire 11th floor: 979 m² of offices, open plan, meeting rooms, kitchen and pause areas
Private 37 m² balcony with harbour views
A-grade, 16-floor building on Bree Street
Recently upgraded foyers and bathrooms
State-of-the-art high-speed lifts
Parking ratio of approx. 2 bays per 100 m² (approx. 19 bays)
Additional undercover, reserved parking across the road at 33 Bree, which lifts the ratio to 4 bays per 100 m² (approx. 39 bays)

Terms

Gross rental: R240/m² excl. VAT (net rent R164.73 + operating costs R40.00 + rates R35.27)
Approx. R234,960 per month excl. VAT
Tenant installation allowance: R720/m² (3-year lease) or R1,200/m² (5-year lease)
Available: Immediately

Parking (monthly, per bay)

Basement bay: R2,000

Levies

Storage: R120/m²
Balcony: R100/m²

Additional charges apply.