Total occupancy cost for Grade A office space in Cape Town: $61.3 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Cape Town Office Cost Breakdown (USD/sqft/yr)
Rent: $18.0/sqft/yr
Service Charge: $2.36/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $32.43/sqft/yr
Facilities Management: $3.77/sqft/yr
Utilities: $2.75/sqft/yr
Reinstatement / Dilapidations: $1.51/sqft/yr
Total Occupancy Cost: $61.3/sqft/yr
Cape Town Serviced Office Costs
Serviced and flexible office space in Cape Town costs between $260.0 and $325.0 per person per month, with a mid-market rate of $306.0 per person per month.
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