{"id":814011,"date":"2025-02-25T14:47:19","date_gmt":"2025-02-25T12:47:19","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=814011"},"modified":"2025-02-25T14:53:07","modified_gmt":"2025-02-25T12:53:07","slug":"johannesburgs-iconic-ponte-skyscraper-looking-for-new-owner","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/814011\/johannesburgs-iconic-ponte-skyscraper-looking-for-new-owner\/","title":{"rendered":"Johannesburg\u2019s iconic Ponte skyscraper looking for new owner"},"content":{"rendered":"\n<p>Africa\u2019s first cylindrical skyscraper, Ponte City &#8211; a focal point of Johannesburg\u2019s skyline for the past 50 years \u2013 is being sold by Broll Auctions and Sales by private tender.<\/p>\n\n\n\n<p>The 173m tower was the continent\u2019s tallest residential apartment building for 48 years, has a storied history from its days as an address for the wealthy.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.onlinebrollauctions.com\/property\/ponte-city\/111426?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=February+2025\" target=\"_blank\" rel=\"noreferrer noopener\">Click here for more information about Ponte City.<\/a><\/strong><\/li>\n<\/ul>\n\n\n\n<p>The distinctive design of architects Mannie Feldman, Manfred Hermer and Rodney Grosskopff has made it one of South Africa\u2019s most recognisable and photographed buildings.<\/p>\n\n\n\n<p>Located on the edge of Hillbrow, once home to a cosmopolitan mix of writers and intellectuals, and where interracial-mixing saw Apartheid laws flouted, Ponte\u2019s unique design with its hollow interior resulted from regulations which stipulated that both kitchens and bathrooms required light and ventilation.<\/p>\n\n\n\n<p>At the time, the City authorities favoured taller, slimmer buildings which allowed sunlight and occupied less space.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/2-15.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/2-15-1024x576.jpg\" alt=\"\" class=\"wp-image-814018\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/2-15-1024x576.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/2-15-300x169.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/2-15-768x432.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/2-15.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>\u201cThis legendary high-rise building, topped with South Africa\u2019s most desirable outdoor advertising space, has ridden the highs and lows of the property market over the decades as Berea\u2019s fortunes changed, and remains a one-of-a-kind, and once-in-a-lifetime asset which is an integral part of Johannesburg\u2019s skyline,\u201d said Norman Raad, CEO of Broll Auctions and Sales.<\/p>\n\n\n\n<p>\u201cPonte is the epitome of true urban grit, having weathered the highs and lows of South Africa\u2019s evolving urban and economic landscape.\u201d<\/p>\n\n\n\n<p>Ponte\u2019s fortunes changed in the early 2000\u2019s when it was purchased by a property group who refurbished its more than 480-apartments over 54-storeys including a 5-star rated AirBnb penthouse.<\/p>\n\n\n\n<p>\u201cToday the rental-only property, which includes penthouse, bachelor, studio, one, two, three and four-bedroom apartments, is tenanted above 85%, and is home to people from across the continent who enjoy living safely within its confines,\u201d Raad said.<\/p>\n\n\n\n<p>The property has 570 secure parking bays and is zoned Business 1, with retail stores on the bottom floor offering convenience for tenants and passing traffic.<\/p>\n\n\n\n<p>Aside from defining the skyline, Ponte is a cultural icon that has featured in several movies including District 9 and Resident Evil: The Final Chapter, a Drake music video, art exhibitions, books and a TV series.<\/p>\n\n\n\n<p>\u201cThis historic building, which has been home to people from all walks of life, is now awaiting an investment group or developer to take it into its next chapter.\u201d<\/p>\n\n\n\n<p>The private tender closes on April 10, 2025. <\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.onlinebrollauctions.com\/property\/ponte-city\/111426?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=February+2025\" target=\"_blank\" rel=\"noreferrer noopener\">Click here for more information about Ponte City.<\/a><\/strong><\/p>\n\n\n\n<p><iframe loading=\"lazy\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/SPH5ewlkx2k?si=qdW2lAKt-cUT-XF5\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen=\"\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa\u2019s first cylindrical skyscraper, Ponte City &#8211; a focal point of Johannesburg\u2019s skyline for the past 50 years \u2013 is being sold by Broll Auctions and Sales by private tender.<\/p>\n","protected":false},"author":57,"featured_media":814019,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[13319,21833],"class_list":["post-814011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-broll","tag-ponte-city"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/814011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=814011"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/814011\/revisions"}],"predecessor-version":[{"id":814022,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/814011\/revisions\/814022"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/814019"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=814011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=814011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=814011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}