Office Space To Let
Office Cape Town CBD
618 m² Office to let in Matador Centre
To LetWho This Space Is Best Suited For
- Credit Unions
- Administration & Operations Offices
- Business Process Outsourcing (BPO)
- Call Centres & Contact Centres
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 30 bays available.
618m² Office to let in Matador Centre in the Cape Town City Centre, positioned on the 4th floor with excellent natural light. We see this space working well for Credit Unions, Administration & Operations Offices, Business Process Outsourcing (BPO), and Call Centres needing expansive open-plan areas, fibre connectivity, and air conditioning. This large commercial unit available features light grey concrete flooring and a suspended grid ceiling with functional fluorescent lighting and exposed ductwork, giving it a versatile, industrial-chic feel. The clean white walls and large windows along one side provide ample natural light and city views, making for a bright workspace that comfortably accommodates many workstations. The space is currently presented in a shell condition, ready for a bespoke tenant fit-out, with some areas showing stacked tiles for potential flooring upgrades. There is a TI allowance and the first photo shows a render as an example of what the fit out allowance could do.
This substantial office to lease is located in the vibrant Cape Town CBD, offering a prime business address close to the V&A Waterfront. The building provides essential amenities like fibre internet and air conditioning, ensuring a comfortable and connected work environment. You'll also find spacious and modern communal bathroom facilities, featuring a long, integrated vanity with multiple sinks and sleek chrome fixtures. These facilities are tiled with a light-colored, speckled ceramic tile and complemented by recessed LED downlights, presenting a clean and functional space. The gross rental for this office space in Cape Town CBD is R61,800 per month, calculated at R100.86 per sqm. Optional parking bays are available separately at R2,000 per bay per month, with a generous parking ratio of 1:4.
Property features:
- Gross monthly rental: R61,800
- Gross rate: R100 per sqm
- Optional parking: R2,000 per bay
- Parking ratio: 1:4 bays
- Fibre and air conditioning
- Near V&A Waterfront
Financial Information
All rentals exclude VAT & utilities.
Building Details & Features
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.
Video Tour
Unit Features
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 R62 331/month, the deposit would be approximately R186 994 (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 30 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
62 Strand Street, Cape Town City Centre, Cape Town, South Africa, Cape Town
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