Office Space To Let

Office V&A Waterfront

217 m² Office to let in Portswood

V&A Waterfront, Cape TownRef: BWP02843
Portswood office space to let in V&A WaterfrontTo Let
1 / 43
Available
R75 950 /mo
Monthly rental
217 m²
Lettable area
R350/m²
Asking rate
10 bays
Parking
R350/m²217 m²10 bays
To Let
WhatsApp broker
Portswood Road, Victoria & Alfred Waterfront, Cape Town, South Africa

Who This Space Is Best Suited For

  • Information Technology & Services
  • Creative Agencies
  • Banking
  • FinTech
  • Corporate Head Office

About This Space

Portswood is a A-grade office development located in V&A Waterfront. The building features fibre connectivity, backup power, 24-hour security and easy freeway access. Ample parking with 10 bays available.

217m² prestigious office building to let in Portswood, V&A Waterfront, with five private offices, a boardroom, and excellent natural light. We see this space working well for Information Technology & Services, Creative Agencies, Banking, FinTech, or a Corporate Head Office needing dedicated private offices, a functional boardroom air conditioning and their own private building. The building itself, Portswood, features a charming light blue brick facade with white trim around its distinctive arched windows, creating a welcoming and established presence. Inside, the entrance corridor greets you with light grey laminate flooring and modern pendant light fixtures, leading into a reception area defined by frosted glass partitions and recessed downlights, comfortably accommodating a 4-seater visitor sofa. There are also 2 separate entrances.

This commercial unit available offers a mix of open-plan areas and private offices. You'll find open-plan sections with light grey speckled carpet and suspended grid ceilings fitted with modern LED panel lighting, benefiting from large windows with vertical blinds that bring in ample natural light. The dedicated boardroom, featuring large arched windows and a glass-topped table, is sized to seat around 10-12 individuals comfortably, perfect for client presentations. The private offices also enjoy good natural light from their large windows and some include useful built-in storage. There's a practical kitchenette with white ceramic tiled flooring, white melamine cabinetry, and a sink, plus two well-maintained bathrooms. The gross monthly rental for this space is R75,950, which works out to R350/sqm per month.

  • Gross monthly rental: R75,950
  • Optional basement parking: R1,850/bay
  • 10 parking bays available
  • 1:4 parking ratio
  • Air conditioning throughout
  • Kitchenette and bathrooms

Financial Information

Monthly rentalR75 950
RateR350/m²
Basement parking (10)R1 850/bay
Minimum leaseNegotiable (36 months)
Deposit2 months' rental
Escalation8% per annum

All rentals exclude VAT & utilities.

Your Listing Brokers

Calvin de Gouveia
Calvin de Gouveia
Co-Founder | Candidate Property Practitioner
+27 71 265 7089
Matthew Miller
Matthew Miller
Co-Founder | Senior Property Practitioner
+27 82 827 0343
EAAB RegisteredCape Town Specialists

Building Details & Features

Property TypeOffice
Size217 m²
AreaV&A Waterfront
GradeA-Grade
Parking10 bays

Key Features

  • Fibre Internet
  • Backup Power
  • 24hr Security
  • Access Control
  • Air Conditioning
  • Kitchen
  • Boardroom
  • Reception Area

About the Building

Available prestigious office space to rent in the V&A Waterfront. Portswood Ridge offers A+ Grade facilities and excellent transport access. Portswood Ridge is an A+ Grade office complex located on Portswood Road, featuring backup power, 24/7 security, and high-speed fibre connectivity. When you arrive at Portswood Ridge, you will notice the impressive security setup, including access control and perimeter security, ensuring a safe working environment. The building is part of a well-regarded business hub, appealing to professional services, tech companies, and corporate headquarters. The area is well-connected, with the N1 on-ramp just a 2-minute drive away and MyCiTi bus stops within a 5-minute walk, making commuting straightforward for employees. Portswood Ridge accommodates approximately 20,000 m² of commercial office space, with rental rates around R350 per m². Most tenants benefit from on-site amenities such as coffee shops and cafes, enhancing the workplace experience. The parking works out to an efficient ratio, catering well to the needs of businesses. The building also includes features designed for accessibility, such as paraplegic facilities, ensuring inclusivity for all. In terms of energy efficiency, the building incorporates PV panels, reflecting a commitment to sustainability while providing backup power capabilities. Compared to other locations in Cape Town, the V&A Waterfront stands out for its vibrant mix of retail and commercial spaces, making it an attractive destination for both work and leisure. Portswood Ridge draws commuters from surrounding suburbs like Green Point and Sea Point, with residents having a quick commute via the nearby highways. This location is ideal for businesses looking for a modern office space with robust amenities and excellent transport links.

V&A Waterfront Overview

The V&A Waterfront is Cape Town's top-tier commercial address for firms that prioritise client-facing image, premium amenities and harbour-front setting. Office stock is concentrated around the Silo District, Portswood, Clock Tower, Dock Road and Breakwater Boulevard, with most buildings positioned at A-grade or P-grade level.

For office occupiers, the local stock profile includes mostly premium A-grade and P-grade waterfront offices with strong security, views, backup power and structured parking. Current asking rentals are typically around R185 - R565 per m², with exact terms depending on building grade, fit-out, parking and lease structure. R320 per m² is a useful benchmark for comparing office opportunities in this node.

Public transport access includes MyCiTi bus routes, Waterfront shuttle services and Cape Town Station within short CBD connection. Road access is via N1, N2 and Helen Suzman Boulevard. Managed structured parking and building parking are available, usually at premium Waterfront rates. The area is especially relevant for Asset managers, Financial services firms, Legal firms, Management consultants and Multinationals.

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 R75 950/month, the deposit would be approximately R227 850 (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 10 basement parking bays @ R1 850/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 Portswood
Directions

Portswood Road, Victoria & Alfred Waterfront, 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

More space at Portswood

Price FromR75 950
Size217 m²
R75 950217 m²Available
WhatsApp