Property Details

A 92 m2 office, Suite 315 on the 3rd floor of Sovereign Quay, is available to let from 1 November 2026. The building caters for smaller office users, with offices from around 60 m2 upwards, so it suits a small team that wants a prestigious address.

Sovereign Quay is a modern low-rise multi-use building on the vibrant Somerset Road in Green Point, attracting prestigious blue-chip companies with its upscale commercial and ground-floor retail offerings. It is within walking distance of Cape Quarter, the V&A Waterfront and Cape Town Stadium, and close to the N1 and N2 on-ramps. Tenants benefit from generator back-up power to all common areas, fibre connectivity, 24/7 CCTV surveillance and biometric access control. The building is currently on the hospital grid, so it is not affected by load shedding.

Features

92 m2 office, Suite 315, 3rd floor

Fibre connectivity

Generator back-up power to all common areas

24/7 CCTV surveillance and biometric access control

Currently on the hospital grid, so not affected by load shedding

Parking ratio of 3 bays per 100 m2 (approx. 3 bays)

Walking distance to Cape Quarter, the V&A Waterfront and Cape Town Stadium

Close to the N1 and N2 on-ramps

Terms

Gross rental: R240/m2 excl. VAT, approx. R22,080 per month

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

Available: 1 November 2026

Gross rental breakdown (per month, excl. VAT)

Net rent: R168.34/m2, approx. R15,487

Operating costs: R40.00/m2, approx. R3,680

Rates and taxes: R31.66/m2, approx. R2,913

Levies

Storage: R100/m2 on storage space taken

Parking (monthly, per bay)

Basement bay: R2,000

Covered bay: R1,750

Shadenet bay: R1,750

Open bay: R1,500