Offices in Cape Town CBD

Office Space To Let

Office Cape Town CBD

3 535 m² Office to let in Matador Centre

Cape Town CBD, Cape TownRef: BWP02006
Matador Centre office space to let in Cape Town CBDTo Let
1 / 25
Available
R356 540 /mo
Monthly rental
3,535 m²
Lettable area
R100,86/m²
Asking rate
100 bays
Parking
R100,86/m²3,535 m²100 bays
To Let
WhatsApp broker
62 Strand Street, Cape Town City Centre, Cape Town, South Africa

Who This Space Is Best Suited For

  • Business Process Outsourcing (BPO)
  • Call Centres & Contact Centres
  • Back-Office Operations
  • Administration & Operations Offices
  • Management Consulting

About This Space

Matador Centre 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. Ample parking with 100 bays available.

3535m² spacious office space available to let in the Matador Centre, located in the heart of Cape Town City Centre. This place suits businesses operating in areas like Business Process Outsourcing (BPO), Call Centres & Contact Centres. The atmosphere is bright and professional, making it a great fit for a dynamic team. It is made up of 3 entire floors and can be subdivided if needed.

As we look around, you’ll notice the layout features tons of generous open-plan areas, which could easily accommodate various workstations. The walls are mostly painted in light shades of blue and grey, giving a fresh feel, while the flooring varies from light grey concrete to dark grey carpet in some spaces. The ceilings feature a mix of exposed industrial and suspended grid styles, with recessed LED panels casting a cool, even light throughout. Large wooden-framed windows give stunning views of the city skyline, ensuring plenty of natural light filters in, creating an airy ambiance.

When it comes to amenities, the office is equipped with air conditioning for those warm Cape Town days, and there's fibre connectivity confirmed for fast internet. Security features like access control are also present, ensuring your business can operate smoothly and safely. A backup generator is another bonus, giving peace of mind for uninterrupted operations.

In terms of costs, the monthly rental rate is R100.86/m², leading to a total gross monthly rental of R356,540. For parking, there are 100 basement bays available at R2000 per bay per month, giving a parking ratio of 1:3m², which is quite convenient for a bustling office environment. There is also a tenant installation allowance on offer and is based on the net rental.

  • 6 spacious open-plan areas
  • Walls painted in light blue, grey, and white
  • Flooring: light grey concrete, dark grey carpet
  • Large wooden-framed windows with city skyline views
  • Exposed industrial and suspended grid ceilings
  • LED panel lighting for cool illumination
  • Air conditioning present
  • Fibre connectivity confirmed
  • Security with access control
  • Backup generator for uninterrupted operations
  • Parking: 100 basement bays available @ R2000/bay/month
  • Monthly rate: R80/m²
  • Gross Monthly Rental: R282,800

Financial Information

Monthly rentalR356 540
RateR100,86/m²
Rates & taxesR21/mo
Basement parking (100)R2 000/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
Size3,535 m²
AreaCape Town CBD
GradeB-Grade
Parking100 bays

Key Features

  • Fibre Internet
  • Backup Power
  • 24hr Security
  • Access Control
  • Air Conditioning
  • Kitchen
  • Server Room
  • Natural Light

About the Building

Office and Retail for rent opportunities at Matador Centre in Cape Town CBD. Ideal for high foot traffic businesses in the mall and professional office tenants in the office section. Matador Centre is a B-Grade commercial property on Strand Street with 24/7 security, backup power, and fibre infrastructure. This location is ideal for businesses seeking visibility and accessibility in a bustling area. You'll notice the foot traffic is robust, particularly from the nearby Cape Town Station, which is just a five-minute walk away. The building's street frontage and signage opportunities make it easy for customers to find your store. The tenant mix includes various commercial businesses, providing a vibrant shopping experience. Customer access is convenient, with parking available at The Felix just a short distance away. This area is known for its excellent amenities, including restaurants, cafes, and retail stores, making it an attractive destination for shoppers. The controlled access and security presence ensure a safe environment for both tenants and customers. Compared to other commercial areas, Cape Town CBD offers a unique blend of character and accessibility. This node is bustling with activity, drawing customers from surrounding suburbs like Green Point and Woodstock, making it a prime location for retail opportunities. Ideal for restaurants, cafes, specialty retailers, and service providers, Matador Centre provides the foot traffic and visibility needed to thrive.

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 R356 540/month, the deposit would be approximately R1 069 620 (3 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 100 basement parking bays @ R2 000/bay/month.
What is the minimum lease period required?
The minimum lease period is 36 months. Please contact the broker to discuss specific lease terms.

Location

Map showing location of Matador Centre
Directions

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

Interested in this space?

Connect with our commercial property experts

By enquiring you agree to our Terms & Privacy Policy

Price FromR356 540
Size3,535 m²
R356 5403,535 m²Available
WhatsApp