Offices in Cape Town CBD

Office Space To Let

Office Cape Town CBD

198 m² Office to let in 47 On Strand

Cape Town CBD, Cape TownRef: BWP03118
47 On Strand office space to let in Cape Town CBDTo Let
1 / 25
Available
R23 760 /mo
Monthly rental
198 m²
Lettable area
R120/m²
Asking rate
4 bays
Parking
R120/m²198 m²4 bays
To Let
WhatsApp broker
47 Strand Street, Cape Town City Centre, Cape Town, South Africa

Who This Space Is Best Suited For

  • Cloud Computing
  • Investment Banking
  • Creative Agencies
  • Back-Office Operations

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.

198m² Office to let in 47 On Strand in the Cape Town City Centre, with 6 private offices and optional covered parking available. We see this space working well for Cloud Computing, Investment Banking, Creative Agencies, or Back-Office Operations, needing fibre connectivity, air conditioning, and plenty of natural light. Walking through, you'll notice the well-lit, narrow corridor features a consistent dark blue carpeted floor and a standard suspended grid ceiling with modern LED panel lighting, providing an even and neutral illumination. Many of the individual offices, like the one with a prominent reception window and granite-look counter, also feature this dark blue speckled carpet, while others offer a contrasting dark red carpet, which shows some signs of wear but is functional. The walls are painted a neutral off-white throughout, providing a bright backdrop, and the open-plan areas could comfortably accommodate around 15 workstations, offering flexibility for various team setups.

This commercial office space for rent in the Cape Town City Centre offers a practical and adaptable workspace. You'll find large windows with vertical blinds throughout, allowing for moderate to excellent natural light and views of adjacent buildings or the city skyline. The unit includes a compact utility area with white melamine cabinetry and a stainless steel sink, suitable for basic refreshment preparation. With fibre internet and air conditioning confirmed, this office space is ready for your business to move in and get started. The gross rate for this office to rent is R120/sqm per month, making the gross monthly rental R23,760. Optional basement parking is available at R1,500 per bay per month for 4 bays.

Property features:

  • Gross monthly rental R23,760
  • Optional parking R1,500/bay
  • Fibre internet connectivity
  • Air conditioning installed
  • Good natural light
  • Near V&A Waterfront

Financial Information

Monthly rentalR23 760
RateR120/m²
Basement parking (4)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
Size198 m²
AreaCape Town CBD
GradeB-Grade
Parking4 bays

Key Features

  • Fibre Internet
  • Backup Power
  • 24hr Security
  • Access Control
  • Air Conditioning
  • Kitchen
  • Reception Area
  • Natural Light

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.

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 R23 760/month, the deposit would be approximately R47 520 (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 4 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 FromR23 760
Size198 m²
R23 760198 m²Available
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