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10,055m² Office For Sale in Unisa House, Marshalltown, CL34590

OCTOBER AUCTION | Office | Leilão

Detalhes

Prime Conversion Opportunity - On Auction 16 October

On Auction 16 October - Prime Conversion Opportunity

Situated on Rissik Street in the vibrant Marshalls Town area of Johannesburg, this 10-storey office building stands as a prominent feature in the city's commercial landscape. The pro perty offers a total Gross Lettable Area (GLA) of approximately 10,055 square meters, combining extensive office space with high street retail on the ground floor. This makes it particularly attractive for businesses seeking a central, high-visibility location.

The buildings substantial vacancy rate of 95.10% provides a blank canvas for new occupants to tailor the space to their specific needs. With an occupancy rate of just 4.90%, the property is ripe for redevelopment or re-leasing, offering considerable potential for value enhancement.

Parking is well-catered for, with 74 bays available, ensuring ease of access for employees and visitors alike. The property is held under freehold title, granting full ownership rights and flexibility for future development. Zoned as “Business 1,” the building is well-suited for a wide range of commercial activities, benefiting from its strategic location in one of Johannesburg’s most dynamic districts. The combined erf extends across 1,487 square meters, providing a compact yet highly functional urban footprint. This property represents a significant opportunity for investors or businesses looking to establish a strong presence in a key area of the city.


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