Property Details

An entire 11th floor of 979 m2 is available to let immediately at The Terraces, an A-grade, 16-floor building in the popular Bree Street node of the Cape Town CBD. The floor combines offices, open-plan space, meeting rooms, a kitchen and pause areas, with a private balcony facing the harbour.

The Terraces offers top-class space with magnificent views. The building has recently had a major internal upgrade to its common area foyers and bathrooms, and all lifts have been replaced with state-of-the-art high-speed lifts. You are surrounded by Bree Street’s restaurants, cocktail bars and coffee shops, with excellent access to public transport and the major freeways.

Features

Entire 11th floor: 979 m2 of offices, open plan, meeting rooms, kitchen and pause areas

Private 37 m2 balcony with harbour views

A-grade, 16-floor building on Bree Street

Recently upgraded foyers and bathrooms

State-of-the-art high-speed lifts

Parking ratio of approx. 2 bays per 100 m2 (approx. 19 bays)

Additional undercover, reserved parking across the road at 33 Bree, which lifts the ratio to 4 bays per 100 m2 (approx. 39 bays)

Terms

Gross rental: R240/m2 excl. VAT (net rent R164.73 + operating costs R40.00 + rates R35.27)

Approx. R234,960 per month excl. VAT

Tenant installation allowance: R720/m2 (3-year lease) or R1,200/m2 (5-year lease)

Available: Immediately

Parking (monthly, per bay)

Basement bay: R2,000

Levies

Storage: R120/m2

Balcony: R100/m2

Additional charges apply.