The Olympus Sandton residential and retail development has achieved R940 million in sales within days of launching its luxury apartments at the end of last month.
By the end of the sales launch weekend, 295 apartments were sold, according to its developer and real estate investment trust (REIT), Growthpoint Properties. In collaboration with Tricolt, a developer of high-end residential projects, Olympus Sandton is a prime addition to the Sandton Summit.
This area, anchored by Discovery’s iconic head office, is set to become South Africa’s premier walkable mixed-use precinct. Olympus Sandton’s two-tower, 512-apartment development along Rivonia Road is poised to redefine fine living in Sandton.
The first 24-storey tower, The Athena, is nearing complete sell-out, with 227 of its 288 apartments already secured by eager buyers. In response to high demand, Tricolt has launched sales for the second tower, The Apollo. The first 68 of its 224 apartments were quickly snapped up.
Olympus Sandton offers premium living options, with apartments ranging from R1.49 million to R7.2 million for studios and one- and two-bedroom units, while penthouses are priced between R14 million and R45 million.
The development’s prime location in the Sandton Summit, with views of Johannesburg from The Athena’s 24th-floor tower, has been a key draw for buyers. Additional attractions include elevated dining options by Marble Hospitality Group and a curated grocery experience at Pantry by Marble.
The development also features eco-friendly designs, reimagining green luxury and offering sustainable, smart living.
In addition to Olympus Sandton’s success, Sandton is witnessing a broader surge in high-end hospitality activity. The Radisson Blu Gautrain Hotel is undergoing a significant renovation including upgraded wooden flooring, stone countertops, local artworks, and high-tech features like smart TVs and USB ports.
Meanwhile, the Hilton Sandton hotel underwent a complete rebranding and refurbishment in 2024, transitioning into the first NH Collection property in South Africa through a partnership with The Cavaleros Group and Minor Hotels.
Finally, the Hampton by Hilton, a 158-room hotel in Grayston Square, Sandton, opened its doors in February, offering a comfortable option for travellers in the heart of the city.
