Office Space to Rent Thibault Square. One Thibault provides office space to rent across the first 14 floors of the building. Available offices range from smaller suites suitable for professional businesses to larger office configurations that can accommodate established corporate teams.

Office availability changes as spaces are leased, and tenants can find both fitted offices and white-box premises within the building. White-box spaces allow a business to design a new office around its operational requirements, while fitted offices may reduce the amount of work required before occupation.

Current asking rentals range from R170 per m², excluding VAT, parking and any additional charges applicable to the individual office. A tenant installation allowance may be available depending on the size of the office, lease period and commercial terms agreed with the landlord. These allowances are negotiated as part of the lease.

About Thibault Square - Thibault Square is one of the most recognisable high-rise buildings in central Cape Town. The building was completed in 1972 and was originally known as the BP Centre before later becoming the LG Building and subsequently One Thibault. Standing approximately 126 meters high, the building has a distinctive diagonal orientation relative to the surrounding street grid. Its design remains an identifiable part of the Cape Town skyline. The property has subsequently been redeveloped as a mixed-use building. Commercial offices occupy floors 1 to 14, while the upper component includes hotel and residential accommodation.

The redevelopment has added a range of amenities to the property while retaining the building's established position in the CBD. For office tenants, the main benefits are its central location, competitive A-grade rentals, highway access, secure parking and proximity to public transport. One Thibault works particularly well for companies that want to remain in the central city but need to balance building quality and location against occupational costs.

Depending on current availability, tenants may find:

- White-box office space ready for a new tenant fit-out
- Existing fitted offices
- Open-plan working areas
- Private offices
- Boardroom and meeting-room space
- Kitchen and pause areas
- Larger office configurations suitable for corporate occupiers

Thibault Square provides secure basement parking for commercial tenants. The standard allocation is approximately 2 parking bays per 100 m² of office space, subject to the availability and terms of the individual lease. Parking currently costs approximately R1,800 per bay per month.

The availability of on-site parking is particularly useful for businesses whose staff or clients travel into the CBD by car. The building is also positioned close to the major routes entering and leaving central Cape Town, reducing the need to travel deep into the CBD street network to reach the N1 or N2. Businesses requiring parking allocations above the standard ratio should confirm additional availability when negotiating a lease.

One Thibault has backup power, providing additional operational continuity for commercial tenants during interruptions to the municipal electricity supply.

The building also provides fibre connectivity, central air conditioning, access control and 24-hour security. One Thibault does not currently provide backup water, and businesses for whom water continuity is a critical operational requirement should take this into account when comparing premises. The combination of backup electricity and fibre connectivity makes the building suitable for businesses that rely on consistent digital connectivity and require an established CBD office environment.

One Thibault has controlled access and 24-hour security. Access to the commercial areas of the building is managed separately from general public movement through the mixed-use property, helping provide a secure working environment for office tenants. Secure basement parking allows staff to access the building directly from the parking areas.

Businesses considering premises at One Thibault should confirm specific after-hours access requirements with the landlord where staff operate outside standard business hours. One Thibault is situated at 1 Thibault Square, at the corner of Long Street and Hans Strijdom Avenue in the Cape Town CBD. The location sits between the traditional Cape Town CBD and Foreshore commercial precincts.

This gives tenants convenient access to both parts of the city and positions the building close to major commercial destinations including the CTICC, St Georges Mall, Cape Town Station and the Foreshore. The V&A Waterfront is also easily accessible from the building.

The central position is one of the main reasons One Thibault continues to attract businesses looking for office space in Cape Town.

One Thibault is particularly well positioned for businesses whose staff travel into Cape Town from the Northern Suburbs, Southern Suburbs or surrounding metropolitan areas.

Hans Strijdom Avenue connects into the Foreshore road network, providing convenient access towards both the N1 and N2 highways. This can be a significant advantage over office buildings located deeper within the CBD, where tenants may need to travel through several city blocks before reaching the main highway connections.

The location therefore works well for businesses whose employees commute from areas such as Century City, Bellville, Durbanville, the Atlantic Seaboard, Southern Suburbs and surrounding Cape Town suburbs.

One Thibault is well positioned for employees who use public transport to travel into the Cape Town CBD. Cape Town Station and the surrounding public transport interchange are within the broader CBD precinct, providing access to rail, bus and taxi services. MyCiTi services operate throughout the central city and connect the CBD with areas including the Atlantic Seaboard, Table View, Century City and other parts of Cape Town. The building's location at the lower end of Long Street also makes it accessible on foot from several central transport routes.

For employers with staff travelling from different parts of Cape Town, the combination of public transport and highway access is one of One Thibault's main location advantages.

What Types of Businesses Suit One Thibault?

One Thibault can accommodate a broad range of office users, but it is particularly well suited to businesses looking for centrally located A-grade offices at competitive CBD rentals.

Potential occupiers include:

- Legal and professional services firms
- Financial and accounting businesses
- Consulting firms
- Technology companies
- Marketing and creative businesses
- Engineering and project-management firms
- Corporate regional offices
- BPO and support operations
- Training and professional-services businesses

The three main advantages of One Thibault are its central location, attractive rentals and convenient access to the main highways. At approximately R170 per m², One Thibault provides businesses with an opportunity to occupy A-grade office accommodation in the centre of Cape Town at a rental that compares favourably with many newer premium-grade buildings in the CBD and Foreshore.

Its position near the edge of the CBD also allows relatively convenient access to the N1 and N2, while staff using public transport can access the building from the city's main transport network. For businesses that want a central Cape Town address without moving into the higher rental bracket associated with premium-grade offices, One Thibault represents a practical option to consider.

Frequently Asked Questions About One Thibault

Is One Thibault the same building as Thibault Square?

Yes. One Thibault is located at 1 Thibault Square and is commonly referred to as One Thibault or Thibault Square. The building was previously known as the LG Building and was originally developed as the BP Centre.

Where is One Thibault located?

One Thibault is located at 1 Thibault Square, on the corner of Long Street and Hans Strijdom Avenue in the Cape Town CBD.

How much does office space at One Thibault cost?

Current asking rentals are approximately R170 per m² per month, excluding VAT, parking and applicable additional charges. Rental rates may change depending on the office and lease terms.

What size offices are available at One Thibault?

Office sizes vary according to current vacancy. The building contains approximately 14,000 m² of commercial office space across floors 1 to 14, with both smaller office suites and larger spaces becoming available from time to time.

Does One Thibault have backup power?

Yes. One Thibault has backup power for the building.

Does One Thibault have backup water?

No. One Thibault does not currently have backup water.

How much parking is available at One Thibault?

The standard parking ratio is approximately 2 bays per 100 m² of office space, subject to the individual lease and availability.

How much does parking cost at One Thibault?

Basement parking currently costs approximately R1,800 per bay per month.

Does One Thibault have fibre?

Yes. Fibre connectivity is available within the building.

Are there restaurants at One Thibault?

Yes. One Thibault includes on-site restaurant and food facilities, with numerous additional restaurants and cafés available throughout the surrounding CBD and Foreshore.

Can office tenants use the gym and pool?

Gym and pool facilities are available within the building, but access is arranged separately and is not automatically included as part of a commercial office lease.

Is a tenant installation allowance available?

A tenant installation allowance may be negotiated depending on the office, lease period and commercial terms agreed with the landlord.

Is One Thibault close to public transport?

Yes. The building is centrally located with access to MyCiTi, taxi, bus and rail services within the Cape Town CBD.

Is One Thibault suitable for businesses travelling via the N1 and N2?

Yes. One of the building's main location advantages is convenient access through the Foreshore road network to both the N1 and N2 highways.

Arrange a Viewing at One Thibault - Rennie Properties maintains current information on offices available to rent at One Thibault. If you are considering relocating your business to One Thibault, we can provide current vacancy schedules, office sizes, rental information, parking availability and assistance comparing the building with other suitable offices in the Cape Town CBD.

Contact our Cape Town commercial property team to arrange a viewing or discuss current office availability at Thibault Square
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