Web Ref No CL34590

Prime Conversion Opportunity - UNISA House

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 property offers a total GLA of approximately 10,055m² combining extensive office space with high street retail on the ground floor. This makes it particularly attractive for businesses / investors seeking a central, high-visibility location.

The buildings substantial vacancy rate of 95.10% provides a blank canvas for new owners to tailor the tailor the investment to their own requirements owner occupier or landlord. The property is ripe for redevelopment into student accommodation or re-leasing, offering considerable potential for unlocking huge upside.

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 busiest districts. The combined erf extends across 1,487m², 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.