Retail in Cape Town CBD

Retail Space To Let

Retail space Cape Town CBD

600 m² Retail space to let in 8 Riebeek Street

Cape Town CBD, Cape TownRef: BWP02605
8 Riebeek Street retail space to let in Cape Town CBDTo Let
1 / 31
Available
R180 000 /mo
Monthly rental
600 m²
Lettable area
R300/m²
Asking rate
30 bays
Parking
R300/m²600 m²30 bays
To Let
WhatsApp broker
8 Riebeek Street, Cape Town City Centre, Cape Town, South Africa

Who This Space Is Best Suited For

  • Retail
  • Food & Beverages
  • Consumer 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. Ample parking with 30 bays available.

600 sqm prime retail space to let in 8 Riebeek Street in Cape Town CBD. This commercial space is perfect for businesses in retail, food and beverages, consumer goods, or even furniture and home furnishings, offering a prime location in a bustling area. We think this is a great rental opportunity in the Cape Town CBD real estate market. As we walk through the unit, you will notice the wide floor-to-ceiling glass frontage, flooding the interior with excellent natural light. The flooring is a light grey, geometric-patterned porcelain tile. We also noticed the exposed industrial ceiling with modern LED panel lighting gives the space a contemporary feel. There is high foot traffic and kitchen extraction, while the space is over 2 levels.

This Cape Town CBD property to rent is available at a gross monthly rental of R180,000, which translates to R300/sqm per month. The unit comes fibre-ready, and air conditioning will keep clients and employees cool. There is a kitchen already installed. Cape Town CBD commercial real estate is highly sought after, and this location offers easy access to public transportation, ensuring convenience for both staff and customers. For those who drive, tenants can add optional parking bays at R1,850 per bay per month. There are 30 basement bays. As we walked along, we also noticed that there are sections with vibrant red, suggesting potential for distinct zones or branding.

This is a great option for commercial space to let in Cape Town CBD. The space is modern and has a lot to offer. This location is centrally located in the business hub of Cape Town CBD and close to major amenities. As we move through the property, you can see lots of natural light coming in through the windows. The unit also has a practical, low-pile dark grey carpet with a subtle speckled pattern, in good condition.

Property features:

  • Monthly Rental: R180,000 per month
  • Optional parking: R1,850 per bay
  • Size: 600 square meters
  • Fibre internet access included
  • Prime Cape Town CBD Location
  • Kitchen / kitchenette included

Financial Information

Monthly rentalR180 000
RateR300/m²
Basement parking (30)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
Size600 m²
AreaCape Town CBD
GradeA-Grade
Parking30 bays

Key Features

  • Fibre Internet
  • Backup Power
  • 24hr Security
  • Access Control
  • Air Conditioning
  • Kitchen
  • Natural Light
  • Private Bathrooms

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 R180 000/month, the deposit would be approximately R360 000 (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?
This unit includes 30 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 FromR180 000
Size600 m²
R180 000600 m²Available
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