Exceptional Commercial Property Opportunity
Web Ref.
SC865
Floor size
10500.00 m²
Welcome to a prime commercial real estate offering that embodies the new urbanist ideals of Century City. Situated in the heart of the wetlands precinct, this flagship development, Canal Plaza, is a 12-storey office tower offering approximately 7,000 square meters of premium office space.
This prestigious property is set at the confluence of tranquil canals, surrounded by a beautifully landscaped 3,000 square meter garden. The natural grounds feature a grove of 5-meter palms, water elements, and inviting recreational spaces, creating a serene environment that fosters both productivity and relaxation.
The total building rentable area is approximately 10,500 square meters, with a parking ratio of 4 bays per 100 square meters, inclusive of both basement and open parking spaces. Each expansive floor plate, around 2,500 square meters, is designed for flexibility, allowing easy subdivision to accommodate between 6 to 8 tenants per floor, or to house a single corporate entity.
Canal Plaza offers unparalleled accessibility, with easy access from the N1 and within walking distance to the Canal Walk shopping center and other convenient retail options. Overlooking the serene Intaka Island nature reserve, this development provides a harmonious blend of natural beauty and urban convenience.
Estimated for completion in Q1 2026, this tenant-driven project aims for a pre-let target of 50-70%, with long-term leases spanning approximately 7 years. Attractive tenant installations are available if included in the development phase, further enhancing the appeal of this exceptional property.
Discover the potential of Canal Plaza, where modern design meets natural tranquility, creating an ideal environment for businesses to thrive.
Contact Rob to speak about your options.
This prestigious property is set at the confluence of tranquil canals, surrounded by a beautifully landscaped 3,000 square meter garden. The natural grounds feature a grove of 5-meter palms, water elements, and inviting recreational spaces, creating a serene environment that fosters both productivity and relaxation.
The total building rentable area is approximately 10,500 square meters, with a parking ratio of 4 bays per 100 square meters, inclusive of both basement and open parking spaces. Each expansive floor plate, around 2,500 square meters, is designed for flexibility, allowing easy subdivision to accommodate between 6 to 8 tenants per floor, or to house a single corporate entity.
Canal Plaza offers unparalleled accessibility, with easy access from the N1 and within walking distance to the Canal Walk shopping center and other convenient retail options. Overlooking the serene Intaka Island nature reserve, this development provides a harmonious blend of natural beauty and urban convenience.
Estimated for completion in Q1 2026, this tenant-driven project aims for a pre-let target of 50-70%, with long-term leases spanning approximately 7 years. Attractive tenant installations are available if included in the development phase, further enhancing the appeal of this exceptional property.
Discover the potential of Canal Plaza, where modern design meets natural tranquility, creating an ideal environment for businesses to thrive.
Contact Rob to speak about your options.
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Listing Info
Century City, Milnerton
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Disclaimer
While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty Commercial & Industrial Services website is accurate and up to date, Lew Geffen Sotheby's International Realty Commercial & Industrial Services 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.
