NEW
Web Ref CL35134
Prime Office Block for Retail Conversion - ON AUCTION!!!
## PRIME JOHANNESBURG CBD | LANDMARK REDEVELOPMENT OPPORTUNITY
**An exceptional auction opportunity in the heart of Johannesburg's bustling CBD, directly opposite the iconic Small Street Mall.**
Strategically positioned within one of Johannesburg CBD's most prominent commercial and retail nodes, this substantial multi-storey office building presents an exciting opportunity for investors, developers and property entrepreneurs seeking to capitalise on its prime location and redevelopment potential.
Situated directly opposite the renowned Small Street Mall, the property benefits from exceptional pedestrian activity, prominent main-road accessibility and immediate proximity to an established retail environment.
The building is currently **25% tenanted**, accommodating legal practitioners and various office-based businesses, providing an existing income stream alongside significant potential to increase occupancy and rental returns.
Presented in excellent condition, the property offers approximately **4,740 m² under roof on a 1,000 m² erf**, with expansive floor space and a versatile configuration. Its greatest attraction lies in the potential to reposition the building into a **multi-level retail destination, shopping mall or mixed-use commercial development**, subject to the necessary approvals.
The property further benefits from **26 secure underground parking bays**, a valuable feature within Johannesburg's densely developed CBD, together with convenient main-road access.
### KEY INVESTMENT HIGHLIGHTS
- **Prime CBD positioning** – Directly opposite the iconic Small Street Mall.
- **Exceptional pedestrian exposure** – Situated within a bustling retail and commercial precinct.
- **Significant redevelopment potential** – Opportunity for retail, mixed-use or multi-level shopping conversion.
- **Existing rental income** – Currently 25% tenanted by established office-based occupants.
- **Substantial building footprint** – 4,740 m² under roof on a 1,000 m² erf.
- **26 underground parking bays** – Valuable parking infrastructure in the CBD.
- **Excellent building condition** – Well-maintained premises with versatile internal space.
- **Strategic investment upside** – Opportunity to unlock additional value through leasing, repositioning or redevelopment.
**A PRIME LOCATION. AN ICONIC ADDRESS. AN EXCEPTIONAL OPPORTUNITY.**
An opportunity to acquire a substantial commercial asset in the heart of Johannesburg's retail activity, offering existing income, considerable vacant space and the potential to create a landmark retail destination.
**TO BE SOLD BY AUCTION – ENQUIRE FOR FURTHER INFORMATION.**
**An exceptional auction opportunity in the heart of Johannesburg's bustling CBD, directly opposite the iconic Small Street Mall.**
Strategically positioned within one of Johannesburg CBD's most prominent commercial and retail nodes, this substantial multi-storey office building presents an exciting opportunity for investors, developers and property entrepreneurs seeking to capitalise on its prime location and redevelopment potential.
Situated directly opposite the renowned Small Street Mall, the property benefits from exceptional pedestrian activity, prominent main-road accessibility and immediate proximity to an established retail environment.
The building is currently **25% tenanted**, accommodating legal practitioners and various office-based businesses, providing an existing income stream alongside significant potential to increase occupancy and rental returns.
Presented in excellent condition, the property offers approximately **4,740 m² under roof on a 1,000 m² erf**, with expansive floor space and a versatile configuration. Its greatest attraction lies in the potential to reposition the building into a **multi-level retail destination, shopping mall or mixed-use commercial development**, subject to the necessary approvals.
The property further benefits from **26 secure underground parking bays**, a valuable feature within Johannesburg's densely developed CBD, together with convenient main-road access.
### KEY INVESTMENT HIGHLIGHTS
- **Prime CBD positioning** – Directly opposite the iconic Small Street Mall.
- **Exceptional pedestrian exposure** – Situated within a bustling retail and commercial precinct.
- **Significant redevelopment potential** – Opportunity for retail, mixed-use or multi-level shopping conversion.
- **Existing rental income** – Currently 25% tenanted by established office-based occupants.
- **Substantial building footprint** – 4,740 m² under roof on a 1,000 m² erf.
- **26 underground parking bays** – Valuable parking infrastructure in the CBD.
- **Excellent building condition** – Well-maintained premises with versatile internal space.
- **Strategic investment upside** – Opportunity to unlock additional value through leasing, repositioning or redevelopment.
**A PRIME LOCATION. AN ICONIC ADDRESS. AN EXCEPTIONAL OPPORTUNITY.**
An opportunity to acquire a substantial commercial asset in the heart of Johannesburg's retail activity, offering existing income, considerable vacant space and the potential to create a landmark retail destination.
**TO BE SOLD BY AUCTION – ENQUIRE FOR FURTHER INFORMATION.**
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Parking Bays
Basement Parkings
26
Sizes
Floor Size
4,740m²
Land Size
1,000m²
