NEW
Web Ref CL34975
ON AUCTION - 16 APRIL 2025 - PRIME RETAIL AND PARKADE OPPORTUNITY
GOING TO AUCTION – 16 APRIL
Exceptional opportunity to secure a high-demand, income-producing mixed-use asset in the heart of Johannesburg CBD.
“The Franklin” offers a powerful combination of retail income and large-scale parking revenue, comprising 14 retail units (±869m² GLA) and approximately 350 parking bays across 7 levels — a rare, scalable asset in a proven node.
Positioned on a prominent CBD site with strong accessibility and constant foot and vehicle traffic, the property benefits from consistent tenant demand and multiple income streams.
This is a true value-add investment, with vacant and incomplete retail space providing immediate upside through leasing and optimisation — ideal for investors looking to enhance yield and drive returns.
Perfectly suited for:
Yield-driven investors
CBD specialists and turnaround funds
Parking and mixed-use operators
Opportunities of this scale, pricing level, and upside in the Johannesburg CBD are extremely limited.
💼 Key Investment Highlights
Mixed-use asset: Retail + Parking
14 retail units | ±869m² GLA
±350 parking bays (7 levels)
Strong foot traffic & accessibility
Multiple income streams
Immediate value-add upside
High-demand CBD location
Exceptional opportunity to secure a high-demand, income-producing mixed-use asset in the heart of Johannesburg CBD.
“The Franklin” offers a powerful combination of retail income and large-scale parking revenue, comprising 14 retail units (±869m² GLA) and approximately 350 parking bays across 7 levels — a rare, scalable asset in a proven node.
Positioned on a prominent CBD site with strong accessibility and constant foot and vehicle traffic, the property benefits from consistent tenant demand and multiple income streams.
This is a true value-add investment, with vacant and incomplete retail space providing immediate upside through leasing and optimisation — ideal for investors looking to enhance yield and drive returns.
Perfectly suited for:
Yield-driven investors
CBD specialists and turnaround funds
Parking and mixed-use operators
Opportunities of this scale, pricing level, and upside in the Johannesburg CBD are extremely limited.
💼 Key Investment Highlights
Mixed-use asset: Retail + Parking
14 retail units | ±869m² GLA
±350 parking bays (7 levels)
Strong foot traffic & accessibility
Multiple income streams
Immediate value-add upside
High-demand CBD location
Features
Building Name
The Franklin
Zoning
Commercial
Title
Sectional
Exterior
Security
No
Parking Bays
Basement Parkings
350
Sizes
Floor Size
2,576m²
Land Size
2,576m²
STREET MAP
STREET VIEW
