Entire 10th Floor Investment Opportunity in Touchstone House
A rare opportunity to acquire an entire fitted commercial office floor in Touchstone House, one of Cape Town’s most recognisable commercial buildings, positioned at 7 Bree Street in the heart of the Cape Town City Centre.
Situated on the 10th floor, the property offers approximately 1,106 m² of premium office accommodation with an established professional legal firm currently in occupation. The existing lease runs until 31 July 2027, providing secure rental income from acquisition, while the tenant has indicated an interest in discussing an extension.
The office is professionally fitted and configured to accommodate a large corporate or professional services business. The floor includes a welcoming reception and waiting area, boardrooms, glass fronted meeting rooms, private offices, open plan working areas, kitchenettes, staff pause areas, bathrooms and ample natural light throughout.
A 15 m² storeroom is included with the premises.
The existing lease includes a 6% annual escalation and is supported by a bank guarantee. Utilities and refuse are for the tenant’s account.
Investment Highlights
• Entire fitted 10th floor office
• Approximately 1,106 m² of commercial space
• Established professional tenant in occupation
• Lease in place until 31 July 2027
• Tenant has expressed interest in discussing an extension
• Attractive investment yield
• 6% annual rental escalation
• 15 m² storeroom included
• 33 secure underground parking bays available separately
• Rooftop terrace with city and harbour views
• 24 hour security and controlled access
• Backup generator and water backup system
• Fibre infrastructure and LED lighting
• Wheelchair and lift access
Touchstone House combines a preserved heritage facade with a modern commercial office tower. The building is home to an established mix of professional and blue chip tenants and provides secure parking, contemporary office accommodation and access to a shared rooftop amenity.
The property is strategically positioned within the Bree Street and Foreshore commercial corridor, within walking distance of the Cape Town International Convention Centre and surrounding financial district.
It offers convenient access to the V&A Waterfront, Cape Town harbour, MyCiTi routes, public transport and the N1 and N2 highways.
Restaurants, coffee shops, hotels and retail amenities are all located within the surrounding precinct.
Purchase Price
Office: R30,968,000 excluding VAT
33 underground parking bays are available separately at R180,000 per bay excluding VAT.
Total consideration including all 33 parking bays: R36,908,000 excluding VAT.
Lease documentation, financial information and supporting property documentation are available to qualified purchasers on request.
All areas, expenses, yields, parking allocations, lease information and financial figures are subject to purchaser verification and seller confirmation.
Situated on the 10th floor, the property offers approximately 1,106 m² of premium office accommodation with an established professional legal firm currently in occupation. The existing lease runs until 31 July 2027, providing secure rental income from acquisition, while the tenant has indicated an interest in discussing an extension.
The office is professionally fitted and configured to accommodate a large corporate or professional services business. The floor includes a welcoming reception and waiting area, boardrooms, glass fronted meeting rooms, private offices, open plan working areas, kitchenettes, staff pause areas, bathrooms and ample natural light throughout.
A 15 m² storeroom is included with the premises.
The existing lease includes a 6% annual escalation and is supported by a bank guarantee. Utilities and refuse are for the tenant’s account.
Investment Highlights
• Entire fitted 10th floor office
• Approximately 1,106 m² of commercial space
• Established professional tenant in occupation
• Lease in place until 31 July 2027
• Tenant has expressed interest in discussing an extension
• Attractive investment yield
• 6% annual rental escalation
• 15 m² storeroom included
• 33 secure underground parking bays available separately
• Rooftop terrace with city and harbour views
• 24 hour security and controlled access
• Backup generator and water backup system
• Fibre infrastructure and LED lighting
• Wheelchair and lift access
Touchstone House combines a preserved heritage facade with a modern commercial office tower. The building is home to an established mix of professional and blue chip tenants and provides secure parking, contemporary office accommodation and access to a shared rooftop amenity.
The property is strategically positioned within the Bree Street and Foreshore commercial corridor, within walking distance of the Cape Town International Convention Centre and surrounding financial district.
It offers convenient access to the V&A Waterfront, Cape Town harbour, MyCiTi routes, public transport and the N1 and N2 highways.
Restaurants, coffee shops, hotels and retail amenities are all located within the surrounding precinct.
Purchase Price
Office: R30,968,000 excluding VAT
33 underground parking bays are available separately at R180,000 per bay excluding VAT.
Total consideration including all 33 parking bays: R36,908,000 excluding VAT.
Lease documentation, financial information and supporting property documentation are available to qualified purchasers on request.
All areas, expenses, yields, parking allocations, lease information and financial figures are subject to purchaser verification and seller confirmation.
Features
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Listing Info
Finance
Total Amount Repayable
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Monthly Repayment
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Disclaimer
While every effort will be made to ensure that the information contained within the TruHome website is accurate and up to date, TruHome makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
