Commercial Property for Sale in Cape Town City Centre Western Cape
Commercial Property for Sale in Cape Town City Centre Western Cape
Commercial Property for Sale in Cape Town City Centre Western Cape
Commercial Property for Sale in Cape Town City Centre Western Cape
Commercial Property for Sale in Cape Town City Centre Western Cape
Commercial Property for Sale in Cape Town City Centre Western Cape
Commercial Property for Sale in Cape Town City Centre Western Cape
Commercial Property for Sale in Cape Town City Centre Western Cape
Commercial Property for Sale in Cape Town City Centre Western Cape
R125 000 000
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Property features

  • R125 000 000

Property Details

Location. Exposure. Potential.

An exceptional opportunity to own a landmark commercial property in the heart of Cape Town’s dynamic Foreshore district. Currently tenanted. Strategically positioned opposite the prestigious Harbour Arch development, this six-storey, A-grade building offers seamless access to the N1 and N2 highways. It is the perfect investment for discerning buyers seeking a premium asset with strong income-generating potential and long-term development upside.

Property Highlights:
• Size: 4,800m2 GLA across six levels
• Zoning: Mixed Use 3 (MU3) with 100% coverage and a FAR of 6
• Parking: 29 secure, on-site bays
• Current Use: Ground-floor retail (fully tenanted), office floors (white-boxed, ready for fit-out)

Building Features:
• Ground floor retail tenants in place with attractive rental income (currently let at R380/m2)
• Levels 1 & 2: Secure parking (34 bays total across both floors)
• Levels 3 to 6: Premium office space, three floors white-boxed for custom tenant fit-out
• Skylight feature on the top floor allows natural light to flood levels 4–6
• Panoramic views of Table Mountain and the Harbour Arch precinct
• Backup power, fibre connectivity and 24-hour security with CCTV surveillance
• Floor-to-ceiling glass and modern architectural upgrades throughout
• Fully equipped kitchens, air conditioning and high-spec finishes

Development & Investment Potential:
With its MU3 zoning, 100% coverage rights, and 38m height limit, the building presents an excellent development scope. Preliminary assessments suggest the potential to add two to three floors of residential units, making this a compelling mixed-use redevelopment opportunity. Ideal for owner-occupiers, investors, or developers looking to capitalise on the resurgence of Cape Town’s CBD.

Unmatched Location Benefits:
• Walking distance to Cape Town Station and MyCiTi bus stops
• Surrounded by high-profile developments including Rockefeller, The Halyard, Pier Place, and The Yacht Club
• Directly opposite Harbour Arch, Cape Town’s flagship inner-city lifestyle precinct
• Vibrant business node with access to top-tier amenities, restaurants, hotels, and urban living

An elite commercial property in Cape Town’s most connected precinct. Whether you're seeking a flagship HQ, a high-yielding investment, or a future-forward mixed-use development, this Foreshore gem ticks every box.

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