Retail in Cape Town CBD

Retail Space To Let

Retail space Cape Town CBD

264 m² Retail space to let in 40 Burg Street

Cape Town CBD, Cape TownRef: BWP03432
40 Burg Street retail space to let in Cape Town CBDTo Let
1 / 30
Available
R59 400 /mo
Monthly rental
264 m²
Lettable area
R225/m²
Asking rate
R225/m²264 m²
To Let
WhatsApp broker
40 Burg Street, Cape Town City Centre, Cape Town, South Africa

Who This Space Is Best Suited For

  • Retail
  • Apparel & Fashion
  • Luxury Goods & Jewellery
  • Food & Beverages
  • Creative Agencies

About This Space

40 Burg Street is a B-grade retail space development located in Cape Town CBD. The building features fibre connectivity, 24-hour security and easy freeway access.

264m² Prime retail space for lease in 40 Burg Street in the Cape Town City Centre, with a sophisticated, high-end layout. This unit features a deep, rectangular design that enhances flow between service zones and customer seating areas. The space is well-suited for retail, luxury goods, or food and beverage operations, needing a modern aesthetic and ample natural light. We see this space working well for creative agencies or upscale hospitality ventures, with a central service area ideal for a bar or display installation. There is high foot traffic and exposure and the building is a 4 star hotel.

The interior presents large-format light grey tiles and dark charcoal-painted walls, creating a striking contrast. The ceiling is finished with smooth plaster and elegant pendant lighting, ensuring a warm and inviting atmosphere. The gross rental rate is R225 per square meter, totalling R59,400 per month. Optional parking bays are available at R2000 per bay per month. This prime location near the V&A Waterfront ensures high visibility and foot traffic, making it an attractive option for businesses looking to thrive in the bustling Cape Town CBD.

  • Gross rental: R59,400 per month
  • Optional parking: R1,500 per open bay
  • Ideal for retail and hospitality
  • High visibility and foot traffic
  • Fibre internet connectivity available
  • Excellent condition, move-in ready

Financial Information

Monthly rentalR59 400
RateR225/m²
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 TypeRetail space
Size264 m²
AreaCape Town CBD
GradeB-Grade
Parking-

Key Features

  • Fibre Internet
  • 24hr Security
  • Access Control
  • Air Conditioning
  • Kitchen
  • Reception Area
  • Natural Light
  • Private Bathrooms

About the Building

Retail to let at 40 Burg Street in Cape Town CBD, ideal for restaurants or boutiques. 40 Burg Street is a mixed-use building on Burg Street with 24/7 security, high ceilings, and heritage architecture. Located in the heart of the city, this property includes ground-floor retail spaces that are well-suited for restaurants and boutiques, benefiting from significant foot traffic. You will notice the excellent visibility from the street, making it easy for passers-by to discover your business. The building offers controlled access and is equipped with fibre infrastructure. Nearby landmarks include Cape Town Station, which is just a 10-minute walk away, providing easy access to MyCiTi routes and connecting to the wider public transport network. In terms of amenities, 40 Burg Street has convenient customer parking options, making it easier for shoppers to stop by. The mix of tenants in the area includes various retail and hospitality businesses, ensuring a vibrant atmosphere. This node tends to attract both local and international visitors, enhancing the shopping experience. Unlike other areas in the Cape Town CBD, this location benefits from its proximity to major transport routes, including N1/N2 highways, making it accessible for both customers and deliveries. The combination of flexible retail spaces and a strategic position makes this building an attractive option for food outlets, specialty retailers, and service providers looking to capitalize on the busy foot traffic. 40 Burg Street is an optimal choice for tenants looking for retail space in Cape Town CBD due to its central location and engaging environment, ideal for businesses that thrive on high visibility and customer accessibility.

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 retail occupiers, the local stock profile includes high-footfall street retail and convenience retail around St Georges Mall, Long Street, Bree Street and the station precinct. 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 does this unit at 40 Burg Street, Cape Town CBD cost to rent?
The rental rate for this unit is R225 per m² per month, excluding VAT.
How big is this unit?
This unit measures 264 m².
What deposit is required?
A deposit equivalent to 2 months' rental is required.
What is the lease term?
The lease term for this property is 36 months.
Is this unit currently available?
Yes, the unit is currently to let.
What building amenities does it have?
The building features 24-hour security and fibre connectivity.
What grade is the building?
40 Burg Street is a B-Grade building.

Location

Map showing location of 40 Burg Street
Directions

40 Burg Street, Cape Town City Centre, Cape Town, South Africa, Cape Town

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Price FromR59 400
Size264 m²
R59 400264 m²Available
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