Commercial for sale in Cape Town City Centre

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.