Offices in Cape Town CBD

Office Space To Let

Office Cape Town CBD

6 674 m² Office to let in Matador Centre

Cape Town CBD, Cape TownRef: BWP03053
Matador Centre office space to let in Cape Town CBDTo Let
1 / 25
Available
R673 140 /mo
Monthly rental
6,674 m²
Lettable area
R100,86/m²
Asking rate
130 bays
Parking
R100,86/m²6,674 m²130 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

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 130 bays available.

6674m² Office to let in Matador Centre in the Cape Town City Centre, with abundant natural light and city views. We see these floors working well for Business Process Outsourcing (BPO), Call Centres, or Back-Office Operations, needing extensive open-plan areas, backup generator support, and fibre internet. This large commercial unit available presents a fantastic opportunity for a tenant to design their desired workspace. The majority of the floor features a light grey concrete floor, providing a durable and versatile foundation, complemented by a suspended grid ceiling that reveals some exposed services and houses modern LED panel lighting. The walls are painted a clean white, offering a bright backdrop, and large windows line the perimeter, allowing for excellent natural light and offering views of the city skyline and mountains from various points. The first photo is a render and there is a fit out allowance to help with renovations.

This expansive office space for rent in the Cape Town City Centre is offered in a shell condition, ready for a bespoke fit-out, allowing for complete customization to suit your business needs. The layout is predominantly open-plan, with a long rectangular shape that can comfortably accommodate a significant number of workstations, along with dedicated private offices and versatile open-plan areas. You'll find modern communal bathrooms with multiple sinks and white tiled walls, designed for high traffic. The building also provides a sleek lift lobby with brushed metal panels and multiple elevators, ensuring efficient access. Essential amenities include air conditioning and a reliable backup generator, ensuring uninterrupted operations. The gross rate for this office space is R100.86 per square meter per month, bringing the gross monthly rental to R667,400. For convenience, 130 optional basement parking bays are available separately at R2,000 per bay per month, providing a generous parking ratio of 1:2. There are also visitor bays.

Property features:

  • Gross monthly rental R667,400
  • Gross rate R100/sqm
  • Optional parking R2,000/bay
  • Parking ratio 1:2
  • Fibre, backup generator

Financial Information

Monthly rentalR673 140
RateR100,86/m²
Basement parking (130)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
Size6,674 m²
AreaCape Town CBD
GradeB-Grade
Parking130 bays

Key Features

  • Fibre Internet
  • Backup Power
  • 24hr Security
  • Access Control
  • Air Conditioning
  • Natural Light
  • Private Bathrooms
  • Freeway Access

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.

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 R673 140/month, the deposit would be approximately R2 019 419 (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 130 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

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Price FromR673 140
Size6,674 m²
R673 1406,674 m²Available
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