The Waverley Business Park: Office Space to let in Observatory

The Waverley Business Park is a landmark mixed-use precinct created from the iconic Waverley Blanket Factory and redeveloped in the late 1980s into Cape Town’s first purpose-designed multi-use business park.

Comprising 29 character buildings, the park offers a diverse range of self-contained offices, studios, industrial/showroom spaces and residential units across ground, first and second floors, allowing for exceptional flexibility in layout and use. The total rentable area extends to approximately 31,835m², supported by an impressive 556 on-site parking bays, delivering a highly competitive average parking ratio.

Strategically positioned just off Main Road in Mowbray, adjacent to the N2 Settlers Way off-ramp, The Waverley enjoys outstanding accessibility. It is within easy walking distance of Observatory and Mowbray railway stations and offers rapid road and rail connectivity to the CBD, Northern and Southern Suburbs.

Zoned MU2, the property permits a wide range of uses including offices, industrial, retail, residential, educational, and place-of-assembly uses. The established sectional title scheme allows for future expansion, with rights in place for additional bulk and parking.

The park is renowned for its secure, vibrant campus-style environment, featuring 24-hour security, ample parking, and competitively priced rentals. This has consistently attracted a strong tenant mix of national and international corporates, creative agencies, educational institutions, and technology and media companies, including Stanford University, Frogfoot Networks, Operation Smile, Seacom, and leading design and media brands.

With office rentals typically below competing Southern Suburbs nodes, The Waverley Business Park represents exceptional value in a prime, well-connected location.