Retail in Cape Town CBD

Retail Space To Let

Retail space Cape Town CBD

107 m² Retail space to let in 8 Riebeek Street

Cape Town CBD, Cape TownRef: BWP02586
8 Riebeek Street retail space to let in Cape Town CBDTo Let
1 / 19
Available
R32 100 /mo
Monthly rental
107 m²
Lettable area
R300/m²
Asking rate
4 bays
Parking
R300/m²107 m²4 bays
To Let
WhatsApp broker
8 Riebeek Street, Cape Town City Centre, Cape Town, South Africa

Who This Space Is Best Suited For

  • Retail
  • Apparel & Fashion
  • Luxury Goods & Jewellery
  • Sporting Goods
  • Furniture & Home Furnishings

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.

107 sqm prime retail space to let in 8 Riebeek Street in the Cape Town CBD. This commercial space is perfect for businesses seeking a prime location in a bustling business hub. The unit offers a fantastic open-plan layout with a reception counter to welcome clients. The space offers a neutral backdrop which is suitable for a number of fit-out options.

Located in the heart of Cape Town CBD, this retail unit provides excellent street visibility with its wide floor-to-ceiling glass shopfront. The interior features light grey geometrically patterned porcelain tile flooring and a suspended grid ceiling with modern LED strip lighting, ensuring a bright and welcoming atmosphere. The space is fibre-ready and benefits from a backup generator, ensuring uninterrupted business operations. A functional commercial kitchen is included, equipped with stainless steel countertops, a double sink area, and a powerful extraction hood. With the kitchen it's easy to see this can be utilized for culinary operations. For parking, the unit has 4 basement bays available at R1,850 per bay per month, at a parking ratio of 1:2.

We think this space would suit businesses looking to be near the commercial activity of Cape Town CBD. The gross monthly rental comes to R32,100 at R300/sqm per month. The unit features a wide frontage ideal for product displays, along with an open-plan area that comfortably accommodates a substantial retail display. The retail space has a raised, curved platform with bright green steps, which could be used as a focal point for displays.

Property features:

  • R32,100 gross monthly rental
  • 4 Parking bays available
  • Fibre internet connectivity included
  • Backup generator available
  • Prime Cape Town CBD location
  • Ready for occupation now

Financial Information

Monthly rentalR32 100
RateR300/m²
Basement parking (4)R1 850/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 TypeRetail space
Size107 m²
AreaCape Town CBD
GradeA-Grade
Parking4 bays

Key Features

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

About the Building

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.

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 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 R32 100/month, the deposit would be approximately R96 300 (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.

Location

Map showing location of 8 Riebeek Street
Directions

8 Riebeek Street, Cape Town City Centre, Cape Town, South Africa, Cape Town

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Price FromR32 100
Size107 m²
R32 100107 m²Available
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