Auction of the Day

Broll Auctions and Sales

THE ICONIC PONTE CITY IS NOW FOR SALE BY PRIVATE TENDER!
Auctioneer: Broll Auctions and Sales
TENDER AUCTION FINAL BIDS: Thursday 10 April 2025 at 17:00 SAST

Ponte Towers is one of the most iconic buildings in the city of Johannesburg and it stands out as a prominent part of the infamous skyline. Having undergone a major renovation and complete overhaul,  this remarkable building, which has an occupancy rate of over 80%  has a unique design, boasting a cylindrical shape with an open and hollow core serving several different purposes. There are 480 apartments ranging in size from 1, 2, 3 and penthouses – there is even a 5-star rated AirBnB.  The ground floor accommodates various retail and there are 570 covered parking bays. Ponte boasts a height of 173 meters with a site area of approximately 12 414m².

FEATURED PROPERTIES:
- Over 480 residential units of which 85% are let
- A 5-star rated AirBnB
- Over 500 covered parking bays
- Prime retail space with strong income and upside
- One of the largest signs within the Southern hemisphere
- Additional bulk with business zoning
- Prime opportunity with massive upside potential or plug and play income-generating asset
- Strong occupancy with strong income
- One of Africa's most iconic buildings

LOCATION:
Ponte City, Berea, Gauteng

For more information on this PRIVATE TENDER, visit https://www.onlinebrollauctions.com/property/ponte-city/111426

CONTACT:
Jayson-Lee Collins
(T) 0877008289 (C) 0721128186
[email protected]

**The rules of this auction comply with Section 45 of the Consumer Protection Act (No. 68 of 2008)

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