It can cost you R10,000 to stay at The Leonardo, the tallest not-quite-finished skyscraper in Africa

Business Insider SA
The Leonardo
(Phillip de Wet)

  • It is not yet finished, but you can already book a night in Africa’s tallest skyscraper The Leonardo – for as much as R9,360 a night.
  • According to booking availability, your room can be ready from 1 March.
  • The current advertised pricing will make the skyscraper among the most expensive accommodation in Johannesburg.
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Africa’s tallest skyscraper, The Leonardo in Sandton, is not yet completed – but you can already see what it will cost to rent a room there, with prices that run up to not much shy of R10,000 per night.

The Leonardo, built for a price tag of R3 billion, is advertising accommodation on the website that ranges in value from R5,573 a night to R9,360 a night’s stay on March 1.

Gijs Foden, the Legacy Group sales director, says that The Leonardo, which stands 234 metres tall, is set to be officially open soon and the rooms had been “placed on to create some awareness about our product”.

“I don’t think anyone has stayed there yet, but they are marketing to the general public,” he says.

As soon as the building was ready to be occupied then people would be able to book a stay, Foden says.

The Leonardo is a joint venture between the Legacy Group and Nedbank, which has bonds over the property worth R2.21 billion.

The completed building is due to have around 260 apartments, including a three-floor penthouse suite at the top measuring nearly 3,000 square metres, known as The Leonardo suite. It has an asking price for of about R250 million but it has yet to sell.

Leonardo view
A view of Johannesburg from the penthouse suite of The Leonardo. (Phillip de Wet)

Foden says that between 90% and 95% of the available units had been sold but not yet transferred.

The establishment is advertising 13 different rooms for the night of March 1: a one-bedroom apartment (from R5,573 to R7,860), a deluxe apartment (from R7,280 to R8,360), two-bedroom apartment (from R7,780 to R8,860), and a "superior apartment" (from R8,280 to R9,360).

At nearly R10,000, that superior apartment is one of the most expensive places to stay in Johannesburg. Only ten accommodation establishments had more expensive rooms, out of 1,033 in the Johannesburg area listed on the website.

Those ten are:

  • The Michelangelo Towers in Sandton, R65,000
  • The Saxon Hotel in Sandton, R58,680
  • The Houghton Hotel, R54,400
  • The Radisson Blue Hotel Sandton, R44,285
  • Sandton Sun, R29,880
  • The Fairlawns Boutique Hotel in Sandton, R26,100
  • The Davinci Suites in Sandton, R25,120
  • The Four Seasons Hotel at The Westcliff, R15,645
  • The Michelangelo Hotel in Sandton, R12,940
  • And the James 9 in Melrose Estate, R11,000.
The Leonardo
The Leonardo. (Phillip de Wet)

In the immediate vicinity of the new skyscraper you can pay as little as R844 to stay at the Signature Lux Hotel, or splurge out for a room at the Garden Court Sandton for R1,305.

The Leonardo's R9,360 option is for one person, though it buys a two-bedroom apartment for the night, one with an extra-large double bed, and one with two single beds.

When the building will be officially launched was thrown into doubt earlier this month when construction company Aveng announced it had received a notice “purporting to terminate the contract for the construction of The Leonardo in Sandton” from Seventy Five on Maude, which is part of the Legacy Group.

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