R 174 135

Commercial Property to Rent in Observatory

Observatory, Cape Town

611 m²

AVAILABLE:01 FEB

Prime Office Space Available in Riverlands Park, Cape Town

Discover the opportunity to secure approximately 611m2 of premium office space in Cape Town's newest upscale precinct, Riverlands. This vibrant development is set to redefine the urban landscape with over 100,000m2 of office facilities, including the African headquarters of a major international corporation, employing over 6,000 individuals, alongside a variety of other prestigious tenants.

Key Features:

Parking:

10 basement parking bays available at R1,800 per bay per month (right to park only, non-reserved).

10 podium parking bays at R950 per bay per month (right to park only).

Rental Rates:

Base rental of R225 per m2, with an estimated R40 for operating costs and R20 for rates and taxes.

Tenant Installation:

Enjoy a generous allowance of R1,050 per m2 for a 5-year lease. The space will be delivered as a...

Prime Office Space Available in Riverlands Park, Cape Town

Discover the opportunity to secure approximately 611m2 of premium office space in Cape Town's newest upscale precinct, Riverlands. This vibrant development is set to redefine the urban landscape with over 100,000m2 of office facilities, including the African headquarters of a major international corporation, employing over 6,000 individuals, alongside a variety of other prestigious tenants.

Key Features:

Parking:

10 basement parking bays available at R1,800 per bay per month (right to park only, non-reserved).

10 podium parking bays at R950 per bay per month (right to park only).

Rental Rates:

Base rental of R225 per m2, with an estimated R40 for operating costs and R20 for rates and taxes.

Tenant Installation:

Enjoy a generous allowance of R1,050 per m2 for a 5-year lease. The space will be delivered as a white box, complete with a distribution board, air conditioning, ceiling, and lighting.

Availability:

Premises Ready: Expected handover by February 1, 2025.

Beneficial Occupation: Available from November/December 2024.

About Riverlands:

Nestled between Liesbeek Parkway and the Liesbeek River, this 14-hectare mixed-use development features a thoughtful blend of office spaces, residential areas, and a retail center, all set within lush, indigenous landscaping. Residents and businesses alike will benefit from a two-hectare eco park, scenic river trails, and a First Nations Heritage Centre.

Riverlands is designed for a balanced lifestyle, offering a diverse selection of dining options—from upscale restaurants to beloved franchises—all with beautiful riverside views and vibrant public spaces.

Don’t miss your chance to be part of Cape Town’s most exciting new growth node! For inquiries, please contact us today.