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Property Portfolio

Buildings currently in Urban Ocean’s portfolio in the Johannesburg Financial District include:

  • The Historic CornerHouse Building (Corner of Commissioner and Simmons Streets)
  • National Bank House (80 - 84 Market Street)
  • Standard Bank on Library Gardens
  • The Commissioner Street Parkade
  • No.1 Rissik Street
  • The Franklin
  • The Gardees Retail Centre
  • The CNA building
  • The New Kempsey Building
  • The St Andrews Building
  • Shakespeare House

In a select number of buildings, a number of exclusive residential apartments have been made available to discerning investors. The Historic CornerHouse boasts a selected number of opulent apartments with interior designs by legendary Stefan Antoni Olmesdahl Truen Architects. The 128 luxury apartments in The Franklin were sold out in record time and this building has received numerous awards at the International Property Awards in London - amongst other “Best International Redevelopment".

In the National Bank Building the interior of the “Apprentice Apartment” by LIFE Architects has also been internationally awarded and is a popular venue for international launches and small conferences.

THE FRANKLIN

Development Overview:

The former Head Offices of accounting giant Ernst & Young in South Africa, The Franklin was built in the early nineties. Urban Ocean has appointed Stefan Antoni Olmesdahl Truen Architects to convert this landmark building into some of the most opulent apartments available anywhere in the world. Everything “designer” is being incorporated in these luxurious living spaces, and the buyer profile includes a few world-celebs! The penthouses on the top floor recently walked away with the top honours in the famous Television Hit Show - The Apprentice. Situated within walking distance of Newtown and various theatres.

Use: Mixed Residential and Retail, a restaurant on the ground floor, gymnasium and boutique spa, plus a 500 bay parking garage.

Number of Apartments: 135

Size of Apartments: 61.4m˛ - 532m˛

Price Range of Apartments: Sold out.

Newly released penthouses range from R932 000 - R18 million. Only 7 available.

NATIONAL BANK HOUSE

Development Overview:

Situated on 80 - 84 Market Street in the Financial District of Johannesburg. A magnificent structure immediately adjacent to CornerHouse from the same period and built in the same architecture and style. At present the tenant mix consists of advertising agencies, modelling agencies, a luxury spa, photographic studios, film production and law firms. The top floor is the home of the 900m˛ luxury Penthouse that was used in the TV hit show, The Apprentice. This Penthouse recently won “Best South African Apartment” in the London Awards of International Homes and Bentley Cars.

Use: The mix will be up-market commercial and retail, with a hotel component.

Size of lettable area: 10 000m˛

Rate per square meter: From R50/sq.m (around R5/sq.ft)

CORNERHOUSE

Development Overview:

One of the landmark buildings in Africa and probably the most beautiful building in the Johannesburg Financial District. Originally designed as the Head Offices for the mining group Anglo, this is where magnates like Sir Ernst Oppenheimer, Barney Barnato and Cecil John Rhodes clinched mega business deals.

Situated only one block from the famous Rand Club - an exclusive club of the most powerful business people in Africa - CornerHouse is being returned to its former stature by Urban Ocean.

Use: 6-Star Luxury Hotel, a limited number of exclusive residences, up-market restaurant, cigar bar, coffee bar, spa and wellness centre, gymnasium, rooftop bar and restaurant and Head Offices of Urban Ocean and AdMakers International (PTY)LTD in Johannesburg.

Number of Apartments: Undisclosed but few!

Size of Apartments: 100m˛ - 250m˛

Price Range of Apartments: None available.

NO.1 RISSIK STREET

Development Overview:

The former Head Offices of accounting giant Deloitte in Africa, No. 1 Rissik Street is conveniently situated at the entrance of Rissik Street into the Financial District, offering easy access to the highway and Johannesburg International Airport. The top five floors of the building have been converted to high-end luxury boutique offices. Once again, Urban Ocean has commissioned Stefan Antoni Olmesdahl Truen Architects to put forward designs to convert this landmark building into some of the most opulent workspaces available anywhere in the world. Everything “designer” is being incorporated in these luxurious office suites.

Use: High-end Office space, Commercial, plus a 160 bay parking garage. A limited number of Boutique offices Also suitable for a single large tenant.

Size per floor: 950 sq.m

STATUS: NOW LETTING