R 242 | building property to rent in observatory

A rare opportunity to secure an entire commercial building within the highly sought-after Black River Park precinct. This 4,375 m² building is currently undergoing an extensive renovation and will be available for occupation from 1 December 2026. Spanning both ground and first floors, the building offers high ceilings and expansive shopfront-style glazing, creating a light-filled, showcase environment ideal for a wide range of commercial uses. Significant upgrades are underway, including a new internal ramp, new staircase, and a new elevator, ensuring improved accessibility and modern functionality throughout. Property Description: Ground Floor - 2,712m² First Floor - 1,300m² Terraces - 363m² Grand Total: 4,375m² The renovation also includes new landscaping, new balustrades, and newly glazed windows, all finished to a high standard. Internally, the building will feature newly renovated his and hers bathroom facilities, dedicated storage areas, and a flexible floor plate that can be configured to suit tenant requirements. Designated parking bays are available at an additional cost. Tenants will benefit from 24-hour security and access to Black River Park’s exceptional onsite amenities, including a fully equipped gym, car wash, bistro, and Vida e Caffè. This is a standout leasing opportunity offering excellent exposure, great views, modern infrastructure, and unmatched convenience within one of Cape Town’s most prestigious business parks.