Offices in Cape Town CBD

Office Space To Let

Office Cape Town CBD

135 m² Office to let in 47 On Strand

Cape Town CBD, Cape TownRef: BWP03116
47 On Strand office space to let in Cape Town CBDTo Let
1 / 18
Available
R16 875 /mo
Monthly rental
135 m²
Lettable area
R125/m²
Asking rate
2 bays
Parking
R125/m²135 m²2 bays
To Let
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47 Strand Street, Cape Town City Centre, Cape Town, South Africa

Who This Space Is Best Suited For

  • Banking
  • Digital Marketing Agencies
  • Insurance
  • Capital Markets

About This Space

47 On Strand is a B-grade office development located in Cape Town CBD. The building features fibre connectivity, backup power, 24-hour security and easy freeway access.

135m² Office to let in 47 On Strand in the Cape Town City Centre, with ample natural light streaming in from large windows. We see this space working well for Banking, Digital Marketing Agencies, Insurance, or Capital Markets firms needing a flexible layout and excellent natural light. This 2nd-floor unit in 47 On Strand is currently in a shell condition, offering a blank canvas for a bespoke fit-out. The bare, worn concrete flooring and exposed ceiling infrastructure, with visible electrical cabling and HVAC ductwork, provide an industrial-chic aesthetic, or can be easily finished to your preference. Large windows with vertical blinds line the walls, providing a city skyline view and ensuring the space is bright and airy throughout the day. The generous open-plan layout can comfortably accommodate around 20-30 workstations, plus a private office, and is equipped with air conditioning. The first photo shows a render.

This commercial unit available on the 2nd Floor of 47 On Strand offers a practical solution for businesses looking for office space in Cape Town CBD. The building is conveniently located near the V&A Waterfront, making it accessible for staff and clients. The premises include one private office, a large open-plan area, and two bathrooms. We also note the presence of modern LED panel lighting in some sections of the suspended grid ceiling, providing good illumination, and the white painted walls offer a clean, neutral backdrop.

Property features:

  • Gross rental R16,875 monthly
  • Rate R125 per sqm
  • Optional parking R1,500 per bay
  • Ample natural light
  • Air conditioning installed
  • Near V&A Waterfront

Financial Information

Monthly rentalR16 875
RateR125/m²
Basement parking (2)R1 500/bay
Minimum leaseNegotiable (36 months)
Deposit2 months' rental
Escalation8% per annum

All rentals exclude VAT & utilities.

Your Listing Broker

Matthew Miller
Matthew Miller
Co-Founder | Senior Property Practitioner
+27 82 827 0343matt@brightwave.capetown
View full profile
EAAB RegisteredCape Town Specialists

Building Details & Features

Property TypeOffice
Size135 m²
AreaCape Town CBD
GradeB-Grade
Parking2 bays

Key Features

  • Fibre Internet
  • Backup Power
  • 24hr Security
  • Access Control
  • Air Conditioning
  • Natural Light
  • Freeway Access
  • Public Transport

About the Building

Prime retail or office space to rent in Cape Town CBD with high foot traffic and 24/7 security. 47 On Strand is a B-Grade mixed-use building on Strand Street with ground-floor retail, offices and 24/7 security, and ample parking. This location stands out for its high visibility and significant foot traffic, making it ideal for retailers and service providers. You will notice the bustling atmosphere as both locals and tourists frequent the area, drawn by the variety of restaurants, cafes, and shops nearby. With easy access to the MyCiTi bus stops and the main train station just a five-minute walk away, your customers will find it convenient to reach your store. The building features 143 covered parking bays, ensuring that tenants can easily find parking in a busy commercial environment. The diverse tenant mix includes both national chains and local specialty retailers, enhancing the retail experience. Signage opportunities are available, allowing for clear branding visibility to passers-by. Each floor has communal kitchenettes and bathrooms, adding to tenant comfort. Compared to other areas in Cape Town CBD, 47 On Strand benefits from direct freeway access to the N1 and N2 highways, making it suitable for businesses that rely on accessibility. The node is characterized by a mix of retail and professional services, creating a vibrant commercial hub. 47 On Strand provides the necessary amenities and visibility to thrive in a competitive market.

Unit Features

White-box

Cape Town CBD Overview

The Cape Town Central Business District remains the beating heart of the city's commercial activity. Stretching from the Foreshore and Cape Town Station toward Company's Garden and the East City, the CBD combines corporate towers, courts, government buildings, heritage offices, retail streets and a growing creative-services layer.

For office occupiers, the local stock profile includes a full grade spectrum from P-grade and A-grade towers to refurbished heritage and B-grade buildings. Current asking rentals are typically around R90 - R240 per m², with exact terms depending on building grade, fit-out, parking and lease structure. R154 per m² is a useful benchmark for comparing office opportunities in this node. Q1 2026 public office-node data shows Cape Town CBD vacancy at 11.4%, above the 6.0% metro average, while better-located and upgraded buildings continue to draw tenant interest. Source basis: Q1 2026 SAPOA / MSCI / Gmaven office-node summary; figures should be read as asking-market indicators, not guaranteed achieved rentals.

Public transport access includes MyCiTi bus rapid transit - multiple routes, Cape Town Station (Metrorail), Golden Arrow bus services and Minibus taxi routes serving the City Bowl and wider metro. Road access is via N1 (Northern Suburbs), N2 (Airport & Eastern suburbs) and M3 (Southern Suburbs). Secure basement, structured and municipal parking is available, but bay ratios and monthly costs vary sharply by building. The area is especially relevant for Financial services, Legal firms, Government departments, Professional services and Creative and technology firms.

Frequently Asked Questions

How much would the rental deposit be for renting this office?
The estimated rental deposit is calculated on the last year's rental amount. Based on the current monthly rental of R16 875/month, the deposit would be approximately R33 750 (2 months' rental). This is an estimate and is subject to final negotiations.
How many parking bays are available and what is the rental rate per parking bay?
This unit includes 2 basement parking bays @ R1 500/bay/month.
What is the minimum lease period required?
The minimum lease period is 24 months. Please contact the broker to discuss specific lease terms.

Location

Map showing location of 47 On Strand
Directions

47 Strand Street, Cape Town City Centre, Cape Town, South Africa, Cape Town

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Price FromR16 875
Size135 m²
R16 875135 m²Available
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