Braamfontein building revamped

The Joburg CBD's transformation is forging ahead unabatedly with yet another Braamfontein building being redeveloped. The old SAMRO building, now known as Phenyo House, is being revamped at a cost of R10m.

Phenyo House has over 5,500sqm of lettable space. "We are looking for professionals such as accountants and lawyers as well as A-grade type tenants to occupy the building. Rentals start at an R50/sqm," says co-developer Nicholas Katsapas.

Phenyo House (meaning "Victory") is situated on the corner of Juta and De Beer Street, Braamfontein. The building is situated within five blocks of the Gautrain and Park Station and the M1 highway on/off ramp is 700 meters away.

A BRT station (the new bus system which links up to the Gautrain) will be built next door to the building. The building also has ample parking.

Justin Blend of Rejuvenate Properties explains that "the building's upgrade will generate a very modern atmosphere – we will use materials such as porcelain tiles, granite counters and beautiful wall papers".

"The ground floor is well suited to hosting conferences as well as small and large meetings. Tenants will also have the benefit of being able to make use of this space".

 

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