Retail in Cape Town CBD

Retail Space To Let

Retail space Cape Town CBD

29 m² Retail space to let in 8 Riebeek Street

Cape Town CBD, Cape TownRef: BWP02604
8 Riebeek Street retail space to let in Cape Town CBDTo Let
1 / 14
Available
R12 900 /mo
Monthly rental
29 m²
Lettable area
R444,82/m²
Asking rate
R444,82/m²29 m²
To Let
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8 Riebeek Street, Cape Town City Centre, Cape Town, South Africa

Who This Space Is Best Suited For

  • Food & Beverages
  • Sporting Goods
  • Home Improvement & Hardware

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.

29 sqm retail to let in 8 Riebeek Street in Cape Town CBD. This space presents a fantastic chance for businesses looking to establish themselves in a bustling commercial area. The retail unit offers a blank canvas for a variety of ventures, from food and beverage outlets to sporting goods or even home improvement and hardware stores.

We've walked through the unit ourselves, and the first thing you'll notice is the bright, open-plan layout, thanks to the expansive street-facing frontage with floor-to-ceiling windows. The durable red brick tile flooring gives a solid, classic feel, while the neutral-toned walls and bulkhead ceiling keep things clean and modern. Natural light floods the space, making it feel airy and inviting. The unit offers a functional but basic feel and could comfortably accommodate a significant retail display area. The frosted windows allow for great natural light. The unit features plastered ceilings with visible signs of staining and the lighting is provided by dated fluorescent tubes

Located in the heart of the business hub in Cape Town CBD, 8 Riebeek Street offers excellent access to a high volume of foot traffic. The Cape Town CBD property to rent offers a prime location for retail businesses and easy access to transport links. The gross monthly rental for this space is R12,876, with a gross rate of R444/sqm per month.

Property features:

  • Monthly rental: R12,876 per month
  • Size: 29 square meters
  • Prime Cape Town CBD location
  • Open-plan layout and design
  • Perfect for the retail industry

Financial Information

Monthly rentalR12 900
RateR444,82/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
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EAAB RegisteredCape Town Specialists

Building Details & Features

Property TypeRetail space
Size29 m²
AreaCape Town CBD
GradeA-Grade
Parking-

Key Features

  • Fibre Internet
  • Backup Power
  • 24hr Security
  • Access Control
  • Air Conditioning
  • Natural Light
  • Freeway Access
  • Public Transport

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 R12 900/month, the deposit would be approximately R25 800 (2 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?
Parking allocation and rates should be confirmed directly. Please enquire for details.
What is the minimum lease period required?
The minimum lease period is 12 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 FromR12 900
Size29 m²
R12 90029 m²Available
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