Offices in Cape Town CBD

Office Space To Let

Office Cape Town CBD

1 179 m² Office to let in Matador Centre

Cape Town CBD, Cape TownRef: BWP03132
Matador Centre office space to let in Cape Town CBDTo Let
1 / 20
Available
R118 914 /mo
Monthly rental
1,179 m²
Lettable area
R100,86/m²
Asking rate
40 bays
Parking
R100,86/m²1,179 m²40 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 40 bays available.

1179m² Office to let in Matador Centre in the Cape Town City Centre, with abundant natural light and air conditioning. We see this expansive floor working well for Business Process Outsourcing (BPO), Call Centres, or Back-Office Operations needing large, adaptable open-plan areas and strong infrastructure. The floor features durable light grey concrete flooring and a suspended grid ceiling with integrated LED panel lighting, ensuring a bright and evenly lit environment. Large windows line one side, offering city views and maximising natural light throughout the long rectangular floor plate. This unfurnished unit presents a blank canvas, ready for a tenant to design their ideal workspace, comfortably accommodating many workstations.

This commercial unit available for lease on the 5th floor provides a practical solution for businesses seeking a significant footprint in a central location. The Matador Centre in Cape Town CBD is well-positioned, offering convenient access to the V&A Waterfront and surrounding amenities. The premises include two open-plan areas and two well-maintained bathrooms. Essential services like fibre internet and air conditioning are already in place. Optional basement parking is available for rent, ensuring convenience for your team. There are visitor bays.

Property features:

  • Gross monthly rental: R117,900
  • Optional basement parking: R2,000/bay
  • Parking ratio: 1:4
  • Fibre internet, air conditioning
  • Cape Town CBD location

Financial Information

Monthly rentalR118 914
RateR100,86/m²
Rates & taxesR21/mo
Basement parking (40)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
Size1,179 m²
AreaCape Town CBD
GradeB-Grade
Parking40 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

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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 R118 914/month, the deposit would be approximately R356 742 (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 40 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 FromR118 914
Size1,179 m²
R118 9141,179 m²Available
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