72 m² Retail space to let in 8 Riebeek Street
8 Riebeek Street retail space to let in Cape Town CBD
Video Tour
Who This Space Is Best Suited For
- Retail
- Apparel & Fashion
- Luxury Goods & Jewellery
- Food & Beverages
- Sporting Goods
About This Space
8 Riebeek Street is a A-grade retail space development located in Cape Town CBD. The building features fibre connectivity, backup power, 24-hour security and easy freeway access.
72 sq.m prime corner retail space to let in 8 Riebeek Street in the Cape Town CBD ideal for a variety of retail businesses, including apparel and fashion, luxury goods and jewelry, food and beverages, or even sporting goods. We think it's a great opportunity to set up shop right in the heart of the action. Situated on the ground floor, this location offers awesome visibility and foot traffic. The gross monthly rental is R21,600 or R300/sqm per month, making it a competitive option in the Cape Town CBD commercial real estate market.
The unit features fibre internet, natural light, and a backup generator, ensuring your business stays connected and comfortable. There's also four basement parking bays to rent at R1,850 per bay each month, with a parking ratio of 1:2. This is a rare find in the business hub of Cape Town CBD, especially with the building offering modern commercial space in Cape Town. If you're looking for available commercial space in Cape Town CBD, this retail space might be perfect.
Property features:
- Monthly Rental: R21,600
- Parking at R1,850 per bay
- Fibre internet ready to go
- Backup generator included.
- Prime Cape Town CBD location
- Open-plan layout, natural light
Flexible A Grade Office Space to let at 8 Riebeek Street, a prime location in Cape Town City Centre. Mixed. 8 Riebeek Street is an A-Grade mixed-use development on Riebeek Street with retail and office spaces, 24/7 security, and a robust ventilation system. This building features street-level shops, a middle floor, and 17 levels of office spaces, making it a versatile choice for various businesses. Conveniently located near Adderley Street and Hans Strijdom Avenue, 8 Riebeek Street offers efficient access routes and is close to public transport hubs, including a nearby train station. The building caters to a mix of tenants, from professional services to retail operators, with flexible space options suitable for service businesses and showrooms. Most tenants here benefit from the amenities such as four elevators, well-equipped kitchen facilities, boardroom space, and a reception area on each office floor. Ample basement parking is available. The combination of flexible unit sizes and its central location makes it ideal for businesses looking to establish themselves in a bustling commercial node. The Cape Town CBD is known for its vibrant economic activity, attracting a diverse range of businesses. This area is particularly popular among those needing accessibility for both staff and customers, with easy access to major transport routes feeding into the city. Mixed-use developments like 8 Riebeek Street attract commuters from surrounding suburbs, making it a practical choice for businesses that value connectivity. Ideal for professional services, the adaptability of the spaces at 8 Riebeek Street offers businesses the opportunity to thrive in a competitive environment.
Parking
- 4 basement parking bays
Location
8 Riebeek Street, Cape Town City Centre, Cape Town, South Africa, Cape Town
Frequently Asked Questions
- How much would the rental deposit be for renting this retail space?
- The estimated rental deposit is calculated on the last year's rental amount. Based on the current monthly rental of R21 600/month, the deposit would be approximately R64 800 (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 4 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.