Tenanted Heritage Conversion Opportunity On Auction: 93 Commissioner Street, Johannesburg CBD

Retail On Auction, 2965m² @ POA

Tenanted Heritage Conversion Opportunity

Live Auction:04 February 2026!

This property comprises a recognised heritage structure (circa 1939) situated on a ±500m² site in the established CBD node of Marshalltown, Johannesburg. The building features a protected façade, while allowing for full internal reconfiguration, making it highly suited to residential or student accommodation redevelopment. All upper floors are currently vacant, providing immediate redevelopment control with no tenant exit requirements.

The street-level retail component is fully let, generating holding income during the planning and redevelopment phase. Large floor plates, the absence of on-site parking, and a highly central CBD location align well with student housing and small-unit residential demand. The property is strategically located approximately 1 km from Wits University and within 6–7 km of the University of Johannesburg, as well as ±1–2 km from Park Station and multiple taxi and bus routes, enhancing accessibility for future occupants.

Key Features:• Recognized heritage building (circa 1939) with protected façade

• Full internal redevelopment potential for residential or student accommodation

• Upper floors vacant – immediate redevelopment control

• Fully let street-level retail component providing holding income

• ±2,965m² GLA on a ±500m² site

• Large floor plates suited to high-density accommodation

• Central Johannesburg CBD location

• Proximity to Wits University and University of Johannesburg

• Within ±1–2 km of Park Station and major public transport routes

• Monthly Rates: ±R15,208

• VAT Registered: Yes

Located in Marshalltown, the property benefits from excellent connectivity within the Johannesburg CBD, with close proximity to key education nodes, transport hubs, and established urban infrastructure.

Auction Terms & Buyer Info: • Buyer Costs: 16.5% payable on auction day

(10% commission + VAT on commission + 5% deposit toward purchase price)

• Registration Fee: R50,000 (live bidders) | R100,000 (telephonic/online bidders)

All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is, and all bidders must provide valid FICA documentation prior to registration.