This iconic property, formerly home to First National Bank, presents a rare opportunity to acquire a landmark asset in a strategic urban location.
This impressive 8 storey building spans approximately 9,269 m² offering a strong blend of commercial and residential space. With its classic architectural design and commanding street presence, the property stands as a symbol of heritage and long-standing economic activity (established circa 1905).
Key Features:
Structure: 8 storeys
Parking: 15 basement parking bays
Zoning: Mixed-use (Commercial & Residential)
The building is currently tenanted by a diverse mix of businesses and organizations, including:
-Apprentice Penthouse
-We_Think_Code
-Affordable Benefits Company
-Economic Freedom Fighters
-JHB Bara Qwa Qwa Taxi Association
-NASASA Transformation Fund
-Talk Touch Legal & Financial Solution
Investment Highlights:
-Strong rental income potential
-Located in a high-traffic commercial node
-Ideal for investors seeking a value-add or long-term hold
-Blend of heritage charm and modern utility
WHAT CAN I TURN THIS PROPERTY INTO??
-Create a business hub or Co-working space
-Innovation Hub
-Ground Floor : retail (Cafes, shops), Upper Floors: (Offices & apartment)
-Boutique Hotel
-Residential Apartments
Viewings will be granted strictly to prospective buyers who have obtained confirmed financial pre-approval