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R30,968,000 | 1,106m² Office For Sale in Cape Town City Centre

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R30,968,000

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Monthly Levy
R28,000
Monthly Rates
R31,500

1,106m² Office For Sale in Cape Town City Centre

Behind a preserved 19th century facade that has watched over Bree Street for generations sits one of the CBD's most compelling office investments - a fully tenanted, AAA-grade corporate floor with income secured to 31 July 2027.

The building tells two stories at once. From the street, Touchstone House reads as heritage: gabled lines, old-world proportion, the kind of facade that anchors a block. Step inside and the story changes entirely - 24-hour security, controlled access, backup power and water, fibre throughout, and a full floor of Grade-A finish with a wall of natural light over the Foreshore and city beyond. That contrast is the asset's quiet superpower: tenants get a heritage address with none of the compromises heritage buildings usually demand.

1,106m² of income from day one. The floor is tenanted now, generating rental income immediately on transfer, with the lease running through to 31 July 2027 (with tenant retention option) - giving a new owner secured cashflow before any repositioning decision needs to be made.

With fitted kitchenettes, bathrooms and a well-configured layout already in place, the floor is a strong candidate for conversion to flexible/co-working suites once the lease matures - a format increasingly in demand from:
-Corporate satellite teams and law/accounting/financial services firms wanting a Bree Street address without the overhead of a full standalone office
-Flex-office and serviced-office operators - the building already hosts flex tenants, proving out the model on-site
-Tech, media, and professional services scale-ups outgrowing co-working
-Owner-occupier professional firms (legal, medical specialists, consultancies) wanting to own rather than rent their premises long-term, with a tenant covering the bond in the interim

The numbers. At R28,000/m², this is priced competitively compared to similar AAA-grade CBD stock, for a full floor in a building offering underground parking (33 bays available), roof terrace access, and walking distance to the CTICC and V&A Waterfront, with easy N1/N2 access. Whole floors of this size, in this position, with an income stream already attached, don't come to market often - most CBD stock trades in fragmented, multi-owner units. Owning a complete floor gives a buyer control most commercial investors never get: over signage, security, layout, and future tenant mix.

In short: you're buying a cash-flowing, heritage-fronted, Grade-A floor in the most walkable part of the Cape Town CBD, with a clear runway to reposition into one of the most in-demand commercial formats in the market - flexible workspace - the moment the timing suits you.

Features

33
0
Building Name
Touchstone House
Zoning
Commercial
Title
Freehold
Floor
10
Exterior
Security
No
Parking Bays
Basement Parkings
33
Sizes
Floor Size
1,106m²
Land Size
1,106m²
1
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