Name: Video Tour: 65 m² Office at Waverley Business Park, Observatory
Uploaded: 2026-08-24T15:59:57.744Z

Co-Founder | Candidate Property Practitioner

Calvin de Gouveia

Overview of The Waverley Business ParkThe Waverley Business Park is one of Cape Town’s most established mixed-use commercial developments, located on the border of Observatory and Mowbray. Originally converted from the historic Waverley Blanket Factory in the late 1980s, the park has evolved into a highly functional, multi-tenanted business environment offering offices, studios, light industrial units, and residential components.The park consists of 29 individual buildings, each with unique layouts and character, creating a flexible environment suited to a wide range of businesses, from creative agencies to tech firms, education providers, and light industrial operators.With over 31,800m² of rentable space, The Waverley remains a go-to option for companies prioritising value, accessibility, and operational flexibility in Cape Town’s central commercial corridor.Location: Observatory / Mowbray Commercial NodeThe Waverley Business Park is strategically positioned just off Main Road, with direct access to the N2 (Settlers Way), one of Cape Town’s most important transport routes.This location places tenants within minutes of the CBD, while maintaining strong connectivity to both the Southern Suburbs and Northern Suburbs.Key distances:Observatory Station: ±3-minute walkMowbray Station: ±7-minute walkN2 Highway: ±1-minute driveN1 Highway: ±3-minute driveCape Town CBD: ±8-minute driveThis level of accessibility is a major driver behind the park’s consistently strong tenant demand.Property Features &amp; SpecificationsTotal Development SizeOffices &amp; studios: ±24,935m²Industrial / showroom space: ±3,815m²Residential flats: ±2,985m²Total rentable area: ±31,835m²ParkingOpen bays: 301Garage bays: 255Total parking: 556 baysParking ratio: approx. 1 bay per 56m²Additional street parking availableZoningMU2 (Mixed Use 2)Allows for:OfficesRetailLight industrialResidentialEducational facilitiesRestaurants and moreThis zoning flexibility is one of the park’s strongest advantages, it allows businesses to evolve without needing to relocate.Rental Profile &amp; Value PositioningThe Waverley Business Park is widely recognised as a value-driven alternative to more traditional A-grade office nodes like Claremont and Rondebosch.Current rentals: R120, R145/m² (excl. VAT)Market comparison (Southern Suburbs A-grade): R180, R250/m²This pricing gap is not accidental, it’s the reason many growing businesses choose The Waverley over more polished but significantly more expensive alternatives.Reality check:You’re not getting premium-grade finishes here, but you are getting flexibility, location, and cost efficiency. For many occupiers, that trade-off makes financial sense.Tenant Profile &amp; Business EnvironmentThe Waverley has built a strong reputation for attracting diverse, high-quality tenants, particularly in the creative, education, media, and tech sectors.Notable tenants include:Stanford UniversityFrogfoot NetworksOperation SmileCape Town Audio CollegeCape Town College of Fashion DesignTrace TVSeacomThis mix creates a dynamic ecosystem rather than a sterile office park, something that continues to appeal to modern businesses.Investment &amp; Ownership InsightsThe Waverley operates as a sectional title scheme (registered 1996), making it attractive to both owner-occupiers and investors.Historical cap rates: ±8%, 9%Strong tenant retentionConsistently low vacancy levelsPotential future expansion: ±18,000m²From an investment perspective, this is not a speculative asset, it’s a steady, income-generating environment with proven performance over decades.Why Businesses Choose The Waverley Business Park?1. Central Location Without CBD PricingYou’re effectively sitting on the edge of the CBD without paying CBD rents.2. Flexible Space OptionsFrom small studios to larger hybrid office/industrial units, few parks offer this level of adaptability.3. Strong Transport LinksRail + highway access is a rare combination in Cape Town.4. Established Tenant EcosystemCreative, tech, and education businesses cluster here, driving collaboration and relevance.5. Practical, Not PretentiousThis isn’t a glossy corporate park. It’s functional, efficient, and cost-effective, which is exactly why it works.Who The Waverley Is Best Suited For?Creative agencies &amp; production companiesTech startups and scale-upsEducation and training institutionsMedia and content businessesLight industrial / hybrid operatorsValue-conscious corporatesFinal TakeThe Waverley Business Park continues to outperform expectations because it solves a real problem in the Cape Town market: central, accessible space at a price that still makes business sense.If you’re chasing premium finishes, look elsewhere.If you’re chasing value, flexibility, and location, The Waverley remains one of the smartest plays in the Observatory / Mowbray node.

65m² office to rent at 18B Waverley Business Park, 13 Wyecroft Road, Observatory, suitable for consultants, creatives, tech firms and professional teams. The rental is R9,425, with the office available from 1 October 2026. We see this working particularly well for a smaller business that wants a proper commercial address without taking on more floor space than it actually needs.

The layout is flexible enough for an open-plan setup or partitioned offices, depending on how your team works. Parking is available within Waverley Business Park, although no parking rental or parking ratio has been provided, so we haven't added costs that aren't confirmed. The park has access-controlled security and maintained communal areas, which keeps the day-to-day setup fairly straightforward.

Location is a big part of the appeal here. From this Observatory office, staff and clients have convenient access to the N2, Main Road and Liesbeek Parkway, while Observatory Station and other public transport routes are nearby. Groote Schuur Hospital, Black River Park and the Riverlands Precinct are also close, with Cape Town CBD easily accessible.

For businesses comparing Observatory commercial property with Claremont office rentals or commercial space in Claremont Cape Town, this gives you another central option to consider. We like that the 65m² footprint isn't trying to be something its not, it is simply a practical office for a consultancy, design studio, technology company or administrative team that needs secure, well-connected workspace.

<Property features:> 
- 65m² flexible office floor layout 
- Rental R9,425 as currently advertised 
- Available from 1 October 2026 
- Parking available within business park 
- Secure access-controlled commercial business park 
- N2 and Main Road access 

Observatory office to rent; Waverley Business Park office; Observatory commercial property; Cape Town office space; Claremont office rentals; commercial space Claremont Cape Town; Claremont commercial real estate

65m² Office To Rent | Waverley Business Park | Observatory | Creative & Professional Workspace

Looking for the perfect base for your business in Cape Town? Step inside this versatile 65m² unit at the iconic Waverley Business Park, where heritage charm meets modern operational efficiency.

In this tour, we walk you through a space designed for teams who value convenience and accessibility. Whether you are a growing creative agency, a tech start-up, or a professional consultancy, this B-Grade office offers the ideal balance of functionality and affordability.

Why you'll love this space:
• Perfectly sized 65m² floor plate: Ideal for small to medium teams looking for a professional address.
• Versatile layout: The space is easily adaptable to suit your specific operational needs.
• Value-driven pricing: Positioned at R145/m², this is one of the most competitive rates in the area without sacrificing location.
• Reliability features: Enjoy peace of mind with 24-hour security, controlled access points, and essential backup power systems on-site.
• Connectivity: Equipped for high-speed fibre internet to keep your business running at full pace.

Location Highlights:
Situated in the heart of the Observatory commercial corridor, this unit places you right on the pulse of the city. You get instant access to the N2 highway and are just a short drive from the Cape Town CBD, making your daily commute a breeze. With nearby public transport nodes and a vibrant surrounding ecosystem, it is the smart choice for businesses that need to be connected to the rest of the Mother City.

Experience the unique character of one of Cape Town’s most established business hubs. Watch the full tour to see the layout and flow of this unit for yourself.

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https://brightwaveproperty.co.za/offices/to-let/observatory/waverley-business-park/bwp04991

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🌐 Website: https://brightwaveproperty.co.za

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Video Tour: 65 m² Office at Waverley Business Park, Observatory

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