Commercial Property To Rent in Cape Town

Property description

A 924 m² office on the 1st floor of Golf Park 3 is available to let immediately, in Mowbray just off the N2. The space comes with a generous 116 m² balcony, a rare extra for an office floor, giving your team room to step outside into the park’s landscaped surroundings.

Golf Park offers secure, easily accessible A-grade office space with excellent connectivity to the N2, M3 and M5, and nearby bus, taxi and train stations. The park has 24/7 security and access control, with select units equipped with backup generators for uninterrupted power during load shedding. Tenants enjoy proximity to Howards Centre, Spar and the Cattle Baron, and the beautifully landscaped gardens and mountain views from certain balconies make for a serene working environment.

Features

924 m² office on the 1st floor of Golf Park 3
116 m² balcony
24/7 security and access control
Fibre connectivity
Parking ratio of 4 bays per 100 m² (approx. 37 bays)
Easy access to the N2, M3 and M5, with public transport nearby
Additional development site in the park offering 7,000 m² of bulk, which can be custom built to specification

Terms

Gross rental: R210/m² excl. VAT, approx. R194,040 per month
Tenant installation allowance: R630/m² (3-year lease) or R1,050/m² (5-year lease)
Available: Immediately

Gross rental breakdown (per month, excl. VAT)

Net rent: R156.11/m², approx. R144,246
Operating costs: R31.87/m², approx. R29,448
Rates and taxes: R22.02/m², approx. R20,346

Levies (in addition to gross rental, per month excl. VAT)

Generator levy: R6.31/m², approx. R5,830
Balcony: R75/m², approx. R8,700
Storage: R90/m² on storage space taken

Parking (monthly, per bay)

Basement bay: R1,250
Open bay: R950