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Rosebank’s greatest asset

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When only the

finest will do

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Originally the site of a bank in the 1970s,

24 Cradock Avenue is now home to a formidable

successor, The Bank, an impeccable space in

the heart of Rosebank, one of Johannesburg’s

most desirable areas, is a design marvel

featuring twelve floors of artisanal elegance.

This iconic building is a true landmark, a

testament to living well with wellness in mind.

Welcome

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The most valued address in Joburg

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R M I H H O L D I N G S H Q

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W O R K S H O P 1 7

C A F É , R E S TA U R A N TB O U T I Q U E R E TA I L

C O N C I E R G E & L O B B Y

Calculated to deliver the exceptional

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With its vibrant pedestrian and café culture, art galleries, walkways,

treed avenues and thriving commercial life, Rosebank is a unique

combination of village charm and contemporary city style.

Perfectly positioned on the corner of Tyrwhitt Road and Cradock Avenue,

and conveniently close to The Zone, The Bank is a mere 50m from the

Gautrain. Take a stroll downstairs and you’re presented with a choice of

Rosebank’s top eateries.

T H E H E A R T O F R O S E B A N K

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For the trendsetter, a landmark in the heart of vibrant Rosebank

The sum total of luxury

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Flexible workspace tailored for you

Situated above workshop 17’s serviced offices,

floors 3 and 4 provide from 400 to 1501 square

metres of luxurious P-grade office space. The

Bank offices are a unique offering that combines

efficient use of space with luxury, flexibility

and excellent services – all while maintaining

your corporate identity. Office space at The

Bank gives inclusive access to all Workshop

17 amenities on the 1st floor, including guest

welcoming and reception services, board rooms,

meeting rooms and seminar rooms, as well as

the Café and Terrace for informal meetings.

Our white-box specification includes solid oak

flooring, beautiful white coffered ceilings, hi-spec

HVAC and full LED lighting throughout.

Between the high base specification and

the reduced space requirements, tenants at

The Bank enjoy unmatched value as well

as all the prestige and convenience that come

with the trendiest location in the city.

An inspiring blend of timeless

sophistication and artisanal elegance,

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The Bank is the ultimate address

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Signature architecture by Enrico Deffonchio

Luxury design elements, interiors and furnishings by Imbewu

Sizing from 400sqm to 1501sqm usable

Direct lift access

P-Grade space

Generous tenant installation allowance

High ceilings with gorgeous exposed concrete slabs

Back-up power and water

24/7/365 security and concierge

Valet parking

Reception services and guest welcoming

Access to first floor terrace and café

Seminar rooms

Fully equipped board and meeting rooms

Video conferencing booths

Informal lounges

Office design and customisation of own offices

Corporate grade internet connectivity and network

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Features and amenities

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T H E B A N K T A I L O R E D 5 0 0 S Q M 5 4 D E S K S

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T R A D I T I O N A L 6 5 0 S Q M W I T H 5 4 D E S K S

Inclusive use of

Workshop 17’s

1st floor amenities

creates significant

space savings

T R A D I T I O N A L O F F I C E S V S T H E B A N K

S PA C E S AV E D

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C O S T C O M PA R I S O N : T R A D I T I O N A L O F F I C E S V S T H E B A N K

T R A D I T I O N A L O F F I C E S T H E B A N K

I T E M Q U A N T I T Y R A T E T O T A L Q U A N T I T Y R A T E T O T A L

GROSS RENTAL 650 250 162 500 500 375 187 500

BASEMENT PARKING 25 1 250 31 250 25 1 250 31 250

ELECTRICITY 650 25 16 250 500 - -

WATER 650 2 1 300 500 - -

RECEPTIONIST 1 15 000 15 000 1 - -

INTERNET 1 12 000 12 000 1 - -

TOTAL 650 367 238 300 500 438 218 750

A N N U A L C O S T Q U A N T I T Y R A T E T O T A L Q U A N T I T Y R A T E T O T A L

FIT-OUT 650 6 957 4 522 055 500 5 157 2 578 293

YEAR 1 650 367 238 300 500 438 218 750

YEAR 2 650 392 254 981 500 468 234 063

YEAR 3 650 420 272 830 500 501 250 447

YEAR 4 650 449 291 928 500 536 267 978

YEAR 5 650 481 312 363 500 573 286 737

TOTAL 650 9 065 5 892 456 500 7 673 3 836 267

I N I T I A L C A P E X Q U A N T I T Y R A T E T O T A L Q U A N T I T Y R A T E T O T A L

TOTAL 650 6 957 4 522 055 500 5 157 2 578 293

SEE ANNEXURE A

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S N O M I N A L S A V I N G S 2 056 189

% S A V I N G S 34.90%

Access to our luxurious first floor amenities reduces the tenant’s need for office areas that are most expensive to create.

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Serviced office offering

A V A I L A B L E S P A C E S

518 m2

501 m2

482 m2

983 m2

3RD FLOOR UNIT 2

4TH FLOOR UNIT 1

4TH FLOOR UNIT 2

TOTAL 4TH FLOOR

MONTHLY OFFICE RENTAL R375/M2

MONTHLY PARKING RENTALR1 250 PER BASEMENT BAY

TENANT INSTALLATION ALLOWANCE

R1 200 PER SQM UPFRONT CONTRIBUTION TO THE TENANT’S FIT- OUT CAPEX

ANNUAL ESCALATION 7% ON ALL ITEMS

PERIOD 3 + YEARS

T E R M S

Rental includes

• All electricity and water. Never receive a utilities bill

• Full operating costs and municipal rates recoveries

• Reception, call desk and concierge services

• Access to variety of fully equipped boardrooms, conferencing

and meeting rooms, all provided by Workshop 17

• Uncapped ultra-high speed internet

• Back-up water and back-up generator, no diesel charges

Base Fitout

• Solid Oak wood flooring throughout

• Painted coffer slab 3.2m height

• High spec LED lighting throughout

• Mitsubishi inverter HVAC system

• High performance double glazed windows

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3 R D F L O O R S PA C E P L A N N I N G : A T Y P I C A L L AY O U T 5 1 8 S Q M

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O C C U P I E D

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4T H F L O O R S PA C E P L A N N I N G : A T Y P I C A L L AY O U T 9 8 3 S Q M

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Rise above the rest

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Blend Property Group collaborated with exceptional teams in the creation of The Bank – a one-of-a-kind development that stands for luxury and living well.

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A landmark destination with world class facilities,

The Bank is cool, classy and convenient. Enjoy

expertly prepared meals at fine eateries, stay at the

luxurious Voco Hotel, and shop at exclusive stores.

Whether you’re looking for a barbershop, work space

or conference space, you’ll find it at The Bank.

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Luxury, style and class add up, making

this ‘the’ place to be

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Established in 2006 and operating out of offices in Johannesburg and Cape

Town, Blend Property Group is a South African-based commercial property

company focused on development and investment in the office, industrial

and retail sectors. Blend brings expertise in every aspect of the property

industry, including asset management and development skills. Having recently

completed The Harrington in Cape Town and The Conservatory in Rosebank,

Blend continues to focus on bespoke developments in key locations.

T H E D E V E L O P E R S

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T H E A R C H I T E C T S

Known for the chemistry of tradition and

innovation that shapes every aspect of design,

the firm ensures personal attention and the

capacity to handle any scale of project.

Daffonchio Architects, headed up by Enrico

Daffonchio, is an award-winning firm

that specialises in precinct developments,

sustainable architecture and luxury homes

in Africa and Europe.

D A F F O N C H I OA R C H I T E C T S

J O H A N N E S B U R G | C A P E T O W N | M I L A N

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With 130 hot desks and a variety of private

offices and boardrooms, Workshop 17’s modern,

open co-working spaces make business a

pleasure. Everything you need is right here –

high-end technical infrastructure, the best

views, the best coffee, premium facilities and

an efficient, professional in-house team.

The future of work

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C O S T C O M PA R I S O N : T R A D I T I O N A L O F F I C E S V S T H E B A N K

N O M I N A L S A V I N G S 2 056 189

% S A V I N G S 34.90%

T R A D I T I O N A L O F F I C E S T H E B A N K

I T E M Q U A N T I T Y R A T E T O T A L Q U A N T I T Y R A T E T O T A L

GROSS RENTAL 650 250 162 500 500 375 187 500

BASEMENT PARKING 25 1 250 31 250 25 1 250 31 250

ELECTRICITY 650 25 16 250 500 - -

WATER 650 2 1 300 500 - -

RECEPTIONIST 1 15 000 15 000 1 - -

INTERNET 1 12 000 12 000 1 - -

TOTAL 650 367 238 300 500 438 218 750

A N N U A L C O S T Q U A N T I T Y R A T E T O T A L Q U A N T I T Y R A T E T O T A L

FIT-OUT 650 6 957 4 522 055 500 5 157 2 578 293

YEAR 1 650 367 238 300 500 438 218 750

YEAR 2 650 392 254 981 500 468 234 063

YEAR 3 650 420 272 830 500 501 250 447

YEAR 4 650 449 291 928 500 536 267 978

YEAR 5 650 481 312 363 500 573 286 737

TOTAL 650 9 065 5 892 456 500 7 673 3 836 267

I N I T I A L C A P E X Q U A N T I T Y R A T E T O T A L Q U A N T I T Y R A T E T O T A L

TYPICAL FIT-OUT 650 8 157 5 302 055 500 6 357 3 178 293

FURNITURE 650 1 500 975 000 500 1 500 750 000

SHOPFITTING 650 2 930 1 904 634 500 1 716 858 102

ACCESS CONTROL 650 181 117 426 500 185 92 499

AV, CCTV & NETWORK 650 654 425 000 500 424 212 000

SIGNAGE, GRAPHIC & ARTWORK 650 223 145 000 500 231 115 500

EQUIPMENT 650 51 33 000 500 66 33 000

SANITARY FITTINGS 650 10 6 653 500 13 6 653

ELECTRICAL INFRASTRUCTURE 650 650 422 500 500 650 325 000

FIRE SERVICES 650 300 195 000 500 300 150 000

HVAC INSTALLATIONS 650 - - 500 - -

WET SERVICES 650 15 10 000 500 20 10 000

PROFESSIONAL FEES 650 1 643 1 067 842 500 1 251 625 539

L/L CONTRIBUTION 650 (1 200) (780 000) 500 (1 200) (600 000)

TOTAL 650 6 957 4 522 055 500 5 157 2 578 293

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T H E B A N K . B U I L D

An iconic destination

With its luxurious, eco-chic

environment, superb aesthetics,

and artisanal offerings, The Bank

is an iconic destination designed

to enhance life, leisure and work.