Property Details

The 4th floor of Canal Plaza, 1 Heron Close, Century City, is available to let from May 2027. At 3,140 m2, it is designed to accommodate a single corporate tenant and can be subdivided for several smaller tenants.

Canal Plaza is a new A-grade, Green Star rated office development, currently under construction, and one of the last developments in Century City to overlook the Intaka Island nature reserve. It has easy access from the N1, is within walking distance of Canal Walk and other convenient retail, and has a MyCiTi bus stop in the precinct. The building offers high-speed fibre, backup power and water, and 24/7 state-of-the-art security.

Features

3,140 m2 on the 4th floor, available as a whole or subdivided

New Green Star rated development

Views over the Intaka Island nature reserve

High-speed fibre

Backup power and water

24/7 state-of-the-art security

Parking ratio of 4 bays per 100 m2 (approx. 126 bays)

Walking distance to Canal Walk

MyCiTi bus stop in the precinct

Close proximity to the N1

Terms

Gross rental: R318/m2 excl. VAT, approx. R998,520 per month

Available: May 2027

Gross rental breakdown (per month, excl. VAT)

Net rent: R240.00/m2, approx. R753,600

Operating costs (estimated): R37.00/m2, approx. R116,180

Rates and taxes (estimated): R35.00/m2, approx. R109,900

Century City levy (estimated): R6.00/m2, approx. R18,840

Parking (monthly, per bay)

Open bay: R1,000

Basement bay: R2,000