Apartment for sale at 4 Diagonal St, The Franklin Apartments
Enjoy vibrant CBD living in the Franklin Building opposite the old Johannesburg Stock Exchange, steps from Maboneng and Newtown, with a granite-kitchen studio generating R26,000+/month.
Luxurious Studio Apartment – High-Income Airbnb Investment
Own a large studio apartment in the prestigious Franklin Building, Johannesburg CBD. Currently generating R26,000+ per month on Airbnb with high occupancy rates – a true turnkey investment.
Features:
* Modern kitchen with granite tops & premium appliances
* Stylish bathroom, high ceilings, large windows
* Air-conditioned & fibre-ready
* 24/7 security, concierge, gym, wellness centre, secure parking & laundry
Location:
Prime CBD spot near Maboneng, Newtown & transport links. Just opposite the old Johannesburg Stock Exchange building.
Investment:
Immediate income, proven rental returns.
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Listed for sale at R750,000
Compared with 185 active listings in Johannesburg.
Insight
Priced 28% above the local median — but still inside the typical range for Johannesburg.
It's larger than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Premium priced · based on 157 listings
Large at a premium · based on 157 listings
Market depth
185 listings
Similar homes town-wide
144 days
Median time on market
Many similar homes
Active across Johannesburg
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Johannesburg Central offers a vibrant, fast-paced urban lifestyle for residents who value proximity to the city's historic cultural landmarks, diverse business hubs, and an ever-evolving inner-city arts scene.
