Fourth Floor, Canal Plaza - Office Space To Let in Century City

Positioned within the new Canal Plaza development on Century Boulevard, this premium 4th floor office opportunity presents one of the most significant large-floorplate commercial offerings currently available within Century City.

Canal Plaza has been designed to deliver a next-generation corporate workspace environment combining sustainability, operational resilience, accessibility, and lifestyle integration within one of Cape Town’s most established mixed-use precincts.

The 4th floor provides large contiguous office floorplates with excellent natural light penetration, private terrace access, modern lobby infrastructure, and flexible workspace configuration capability suited to institutional-grade occupiers.

With backup power and water infrastructure, fibre connectivity, premium parking allocations, and direct access to Century City’s surrounding commercial ecosystem, Canal Plaza is positioned to attract leading corporate, financial, legal, and technology occupiers seeking scalable headquarters-quality office accommodation.

Occupation is anticipated from May 2027.

Key Specs:

• Property Type: Premium Grade Office Space
• Development: Canal Plaza
• Location: Century Boulevard, Century City
• Availability: May 2027
• Fourth Floor Size:
  • Office 1: 1,413m²
  • Office 2: 1,385m²
  • Combined Floorplate: Approx. 2,798m²

Rental Structure:

• Net Rental: R240/m²
• Estimated Operational Costs: R37/m²
• Estimated Rates & Taxes: R35/m²
• Century City Levy: R6/m²
• Gross Rental: Approx. R318/m²
• Parking Ratio: 4 bays per 100m²
• Parking Costs:
  • Open Bays: R900 per bay
  • Basement Bays: R1,950 per bay
• Sustainability: 4-Star Green Star Rated
• Connectivity: Fast fibre internet
• Power Infrastructure: Full backup power
• Water Infrastructure: Backup water supply
• Public Transport: MyCiTi bus access within precinct
• Lifestyle Access: Walking distance to Canal Walk Shopping Centre and Century City Conference Centre

Workplace Environment & Layout:

The 4th floor has been designed around modern corporate workspace flexibility, offering expansive contiguous floorplates capable of accommodating both open-plan and highly specialised operational environments.

Large perimeter glazing allows for substantial natural light throughout the floor, enhancing workplace quality while improving overall spatial efficiency and staff experience.

The floor benefits from:

• Dedicated office lobby access
• Private terrace areas
• Large uninterrupted floorplates
• Flexible workspace planning capability
• Strong vertical circulation
• Modern premium-grade infrastructure

The layout is particularly well suited to businesses seeking scalable headquarters functionality while maintaining strong employee experience and operational resilience.

Tenant Fit-Out Advantage:

Canal Plaza offers a significant tenant installation contribution designed to support customised workspace delivery.

Tenants will receive:

• Tenant installation allowance up to R1,400/m²
• White-box specification delivered by landlord
• Lay-in ceilings
• Office lighting
• Smoke detection systems
• Air-conditioning with zonal control

This materially reduces upfront capital expenditure while allowing occupiers to design bespoke workspace solutions aligned to operational requirements and brand positioning.

Operational Fit / Ideal For:

• Corporate headquarters
• Financial institutions
• Legal firms
• Technology companies
• Professional service businesses
• Regional head offices
• Consulting firms
• Business process outsourcing operations
• Hybrid workplace environments

The size and scalability of the floorplates make the space particularly attractive to businesses requiring long-term growth capability within a premium commercial environment.

Location Advantage:

Canal Plaza occupies a strategic position along Century Boulevard within the heart of Century City’s commercial precinct.

The development offers immediate connectivity to:

• N1 Highway
• N7 Highway
• Cape Town CBD
• Northern Suburbs
• Cape Town International Airport

The surrounding precinct incorporates:

• Canal Walk Shopping Centre
• Century City Conference Centre
• Hotels and hospitality infrastructure
• Restaurants and cafés
• Residential developments
• Intaka Island nature reserve
• MyCiTi public transport infrastructure

Century City continues to outperform many decentralised commercial nodes due to its integrated mixed-use ecosystem, infrastructure quality, accessibility, and concentration of institutional-grade office developments.

Broker Insight:

Large premium-grade floorplates within Century City remain comparatively limited, particularly developments combining sustainability credentials, modern infrastructure, backup systems, and strong lifestyle integration.

Canal Plaza represents a significant addition to Century City’s upper-tier office inventory and is likely to attract strong interest from national and multinational occupiers seeking future-focused workspace environments.

The combination of Green Star certification, large efficient floorplates, backup infrastructure, and tenant installation support positions Canal Plaza competitively against both CBD and decentralised office alternatives.

Frequently Asked Questions:

When will Canal Plaza be available for occupation?

The development is anticipated to be available from May 2027.

What size is the 4th floor office space?

The 4th floor offers approximately 2,798m² combined across two large office suites.

Does the building have backup infrastructure?

Yes. Canal Plaza includes both backup power and backup water infrastructure.

Is the building environmentally certified?

Yes. The development is designed as a 4-Star Green Star rated building.

What parking is available?

Parking is available at a ratio of 4 bays per 100m² with both open and basement parking options available.

Is public transport accessible?

Yes. The development is positioned within close proximity to MyCiTi bus routes and major transport infrastructure.

Arrange a Viewing:

Premium-grade office developments with large contiguous floorplates and sustainability credentials remain limited within Century City’s commercial market.

For leasing discussions, tenant planning, rental benchmarking, or to secure pre-occupation positioning within Canal Plaza’s 4th floor offering, contact me today.