Buy houses in Melrose - Nestoria

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House · for sale

R 3 399 000

sandhurst ridge | exclusive new deve.

Melrose

· 3 Bedrooms · 3 Baths · House

Melrose · 3 Bedrooms · 3 Baths · House

lawrealestatereferencenumber:139-ref-6654 139ref6654 welcome to sandhurst ridge, a boutique residential enclave perfectly positioned in one of johannesburg’s most sought-after addresses. nestled on the sandhurst side of hurlingham, this new development offers both prestige and convenience – just moments from the saxon hotel and within minutes of sandton’s thriving cbd. with only 25 contemporary homes available, sandhurst ridge promises exclusivity and long-term value in an area renowned for its capital growth. modern architecture & thoughtful design spanning an impressive 210sqm across three levels, each home has been carefully designed to combine open-plan living with practical everyday comfort. expansive windows bathe interiors in natural light, while fluid living spaces connect the bespoke kitchen, dining, and lounge areas to create the perfect setting for both family life and stylish entertaining. accommodation 3 spacious bedrooms including a tranquil master suite with walk-in clos

R 3 399 000

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Townhouse · for sale

R 1 690 000

R 3 313/m²

4 Bedroom Townhouse For Sale in Kelvin

Melrose

· 510 m² · 4 Bedrooms · 3 Baths · Townhouse

· Security

Melrose · 510 m² · 4 Bedrooms · 3 Baths · Townhouse · Security

This one a kind opportunity presents a home that will give you the type of benefits that are very hard to come by. Being in Meadway Mews means that you have the best of being behind 2 boom gates in Kelvin and enjoying a very high level of security, while you still have the chance to do as you please with your home because of the free title/freestanding rights. The beauty also lies in the fact that Kelvin is so centrally located in Gauteng and Sandton, being 5 minutes from the M1, N1 and N3 highways, as well as endless amenities such as schools, office parks, shopping centres and entertainment spots alike. Let's take you through what this gem has to offer. Stepping into the front door you are greeted with a lovely well lit space that makes up the lounge and dining section. The amount of room in the lounge ensures that you'll have absolutely no struggle with fitting a large dining table and your lounge suite with ease. The kitchen comes just off from the passage leading from the front do

R 1 690 000

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House · for sale

R 4 849 999

R 9 877/m²

3 Bedroom House For Sale in Sandown

Melrose

· 491 m² · 3 Bedrooms · 4 Baths · House

· Swimming pool

Melrose · 491 m² · 3 Bedrooms · 4 Baths · House · Swimming pool

Exquisite Sandown Sanctuary: Three-Bedroom Luxury Residence Discover an exceptional residence in prestigious Sandown, where sophisticated design harmonizes seamlessly with contemporary comfort. This beautifully appointed home showcases three sumptuous en-suite bedrooms, each a private sanctuary offering unparalleled tranquillity and refined elegance. The master suite and additional ensuites ensure every guest enjoys exclusive comfort and privacy. The heart of this residence comprises two generously proportioned lounges, creating versatile entertaining spaces that effortlessly accommodate both intimate gatherings and grand celebrations. An open-plan design philosophy bathes the interiors in natural light, whilst premium finishes and thoughtful architectural details elevate every corner. The sophisticated kitchen flows seamlessly into dining areas, perfect for culinary experiences and memorable moments. Outdoor living reaches new heights with a sparkling resort-style pool and meticulousl

R 4 849 999

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House · for sale

R 1 650 000

R 1 666/m²

3 Bedroom House For Sale in Orange Grove

Melrose

· 990 m² · 3 Bedrooms · 2 Baths · House

· Garden · Patio

Melrose · 990 m² · 3 Bedrooms · 2 Baths · House · Garden · Patio

Welcome to this charming three-bedroom, two-bathroom home located in Orange Grove, offering a wonderful blend of character, warmth, and versatility. Beautiful wooden floors and elegant pressed ceilings add timeless charm throughout the home, while the well-proportioned living spaces create a comfortable and inviting atmosphere. A spacious patio overlooks a lovely garden, providing a peaceful setting for outdoor relaxation or entertaining family and friends. The property also includes a fully self-contained cottage, offering additional accommodation that is ideal for extended family, visiting guests, or as an excellent rental income opportunity. With business rights in place to operate as a guesthouse, this property presents a unique opportunity for those looking to establish a boutique hospitality venture in a well-positioned suburb close to Norwood, Houghton Estate, and Rosebank. Whether you are seeking a character-filled family home or exploring an income-generating investment, this

R 1 650 000

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House · for sale

R 1 400 000

R 2 828/m²

12 Bedroom House For Sale in Troyeville

Melrose

· 495 m² · 12 Bedrooms · 4 Baths · House

· Parking

Melrose · 495 m² · 12 Bedrooms · 4 Baths · House · Parking

This is a great property investment for an investor wanting to earn a great monthly rental income. The property consists of 4 houses built on one stand totally separate from each other. Each house consists of an open plan lounge and kitchen, 2 bedrooms and a bathroom plus an outside room and a courtyard area. The one house is situated on the corner of the street and has a lockup garage. The 4 houses are currently fully let providing a monthly rental income of R 22 000.00. This property is new on the market and will sell very quickly, To avoid disappointment of losing out on this great investment book a viewing today

R 1 400 000

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Townhouse · for sale

R 990 000

R 18 333/m²

2 Bedroom Townhouse For Sale in Linden

Melrose

· 54 m² · 2 Bedrooms · 1 Bath · Townhouse

· Garden · Parking · Security

Melrose · 54 m² · 2 Bedrooms · 1 Bath · Townhouse · Garden · Parking · Security

Step into effortless contemporary living with this beautifully designed ground-floor residence in The Lin. An exclusive boutique development perfectly positioned in the heart of sought-after Linden. Unit 1 offers the ideal blend of style, security, and convenience, featuring light-filled open-plan living spaces, sleek modern finishes, and seamless indoor-outdoor flow to a private garden courtyard-perfect for morning coffee, entertaining friends, or relaxed evenings at home. The designer kitchen is finished with quality cabinetry and contemporary fittings, flowing naturally into spacious living and dining areas that create an easy lock-up-and-go lifestyle. Well-proportioned bedrooms offer comfort and tranquility, while stylish bathrooms complete the modern aesthetic. Additional features include secure parking, excellent security, fibre-ready connectivity, and a pet-friendly environment in an intimate, well-managed complex. Located on one of Linden's most desirable tree-lined streets, yo

R 990 000

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House · for sale

R 7 290 000

R 12 150/m²

4 Bedroom House For Sale in St Andrews

Melrose

· 600 m² · 4 Bedrooms · 4 Baths · House

· Garden

Melrose · 600 m² · 4 Bedrooms · 4 Baths · House · Garden

An Exquisite Suburban Sanctuary in St Andrews, Bedfordview Discover unparalleled luxury and sophisticated living within this magnificent 4-bedroom residence, gracefully nestled in the prestigious enclave of St Andrews, Bedfordview. Centred between 3 popular schools in the area, and close to exclusive shopping and restaurants, as well as easy highway access. Spanning an impressive 600 square metres of refined interior space upon a generous 2035 square metre erf, this property epitomises grand suburban elegance, offering an exclusive lifestyle for the discerning homeowner. Step into an elegant entrance hall, transitions into a comfortable and inviting lounge and dining area, which in turn leads off onto the informal enclosed lounge and dining areas which open up onto a gorgeous outside entertainment area, and lush treed garden. Perfect for both intimate gatherings and lavish entertaining. A dedicated study provides a tranquil retreat, while the well-appointed kitchen, complete with a ple

R 7 290 000

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House · for sale

R 6 499 999

R 11 586/m²

5 Bedroom House For Sale in Sandown

Melrose

· 561 m² · 5 Bedrooms · 6 Baths · House

· Powder room · Swimming pool · Garden · Air conditioning · Heating · Patio

Melrose · 561 m² · 5 Bedrooms · 6 Baths · House · Powder room · Swimming pool · Garden · Air conditioning · Heating · Patio

An Exquisite Sandown Sanctuary: Unrivalled Luxury in a Secure Estate Discover an unparalleled lifestyle within this magnificent five-bedroom, five-and-a-half-bathroom residence, gracefully situated in a prestigious, secure estate in Sandown, Sandton. This expansive family home, epitomises sophisticated living, offering both grandeur and ultimate peace of mind within its gated community. Step inside to a world of refined elegance, where an inviting reception area leads to two spacious lounges, a formal dining room, and a dedicated family TV room, all designed with an open-plan flow. The property boasts four luxurious en-suite bathrooms, a convenient guest toilet, and a private study, catering to every facet of modern family life. Enhanced by special lighting, pressed ceilings, air conditioning, and central heating, every corner exudes comfort and style. The exterior is equally captivating, featuring a meticulously landscaped garden, a sparkling swimming pool, and an expansive patio and

R 6 499 999

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House · for sale

R 5 649 999

R 9 232/m²

4 Bedroom House For Sale in Sandown

Melrose

· 612 m² · 4 Bedrooms · 5 Baths · House

· Security

Melrose · 612 m² · 4 Bedrooms · 5 Baths · House · Security

Exceptional Family Residence in Secure Sandown Estate Nestled within a highly sought-after security estate in the prestigious Sandown suburb of Sandton, this magnificent 4-bedroom, 4.5-bathroom home offers an unparalleled lifestyle of comfort and security. Boasting a generous floor area of 612 sqm on a 619 sqm erf, this property is designed for discerning families seeking space, privacy, and modern conveniences in a prime suburban location. The residence features expansive open-plan living areas, including a welcoming reception, a spacious lounge, a dedicated dining room, and a comfortable family TV room, providing versatile spaces for relaxation and entertaining. The well-appointed kitchen is ready to cater to all culinary needs. A dedicated study offers a quiet space for work or contemplation, enhancing the home's functionality. Each of the four bedrooms is complemented by its own en-suite bathroom, ensuring privacy and luxury for all residents. The property further benefits from sta

R 5 649 999

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House · for sale

R 3 400 000

R 8 717/m²

4 Bedroom House For Sale in Jacanlee

Melrose

· 390 m² · 4 Bedrooms · 4 Baths · House

· Grill · Swimming pool · Garden · Parking · Patio · Service room · Security

Melrose · 390 m² · 4 Bedrooms · 4 Baths · House · Grill · Swimming pool · Garden · Parking · Patio · Service room · Security

This is what families come to Jacanlee for. A split-level, four-bedroom home on 1686 sqm in the Jack Street Security Area. Gated. Guarded. One of Randburg's most established and most private pockets. The kind of address you hold for twenty years. Inside: four bedrooms, three and a half bathrooms. A spacious kitchen. Formal lounge. Dining room. A separate family TV room for the evenings when the table is too civilised. A private study. Entrance hall. Laundry. Storage. Everything a working family needs, with nothing wasted. Outside is where this property earns its price. A swimming pool with zip line. An outdoor jacuzzi. An expansive entertainment area with built-in braai. A large established garden with full irrigation. A treehouse. A dedicated children's play area. A covered patio that draws the inside out. Double garage with automated gate. Three additional parking bays. Staff quarters on site. Cresta is 1.5 km away. Brightwater Commons is under 2 km. The King's School Robin Hills is

R 3 400 000

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House · for sale

R 10 399 000

R 20 798/m²

5 Bedroom House For Sale in Bryanston East

Melrose

· 500 m² · 5 Bedrooms · 6 Baths · House

· Swimming pool · Balcony · Parking · Patio

Melrose · 500 m² · 5 Bedrooms · 6 Baths · House · Swimming pool · Balcony · Parking · Patio

944m² in the heart of Bryanston East. The bones are exceptional. The finish is yours to complete. This striking new-build cluster home sits on a generous full-title erf in one of Bryanston East's most established residential pockets. Double-volume entrance. Open-plan living flowing seamlessly to covered patio and pool. Five en-suite bedrooms, each with balcony access. A gourmet kitchen spec'd for the serious home cook. Staff accommodation. Double garage. Room for the family, the guests, and the lifestyle. This is your opportunity to select your own finishes and take ownership at a price that reflects current market conditions. Bryanston East. Walk to Riverside Junction. Minutes from Nicolway, Bryanston High, St Stithians, and every major arterial north. This is where the serious buyers are looking

R 10 399 000

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House · for sale

R 1 200 000

R 2 424/m²

3 Bedroom House For Sale in Albertville

Melrose

· 495 m² · 3 Bedrooms · 2 Baths · House

· Parking

Melrose · 495 m² · 3 Bedrooms · 2 Baths · House · Parking

Charming 3-Bedroom Home with Flatlet in Albertville Discover this charming three-bedroom, two-bathroom residence, ideally situated in the sought-after suburban area. This inviting home presents a superb opportunity for comfortable family living or as a valuable investment property, offering versatile spaces designed for modern lifestyles. The property benefits from a convenient single garage and two additional dedicated parking spaces. Upon entering, a welcoming reception area leads into the heart of the home. The interior boasts a well-appointed kitchen with eat-in dining area. The lounge is large and spacious, a wonderful space for families to congregrate and hangout. The three well-proportioned bedrooms include one with an en-suite bathroom, enhancing privacy and convenience. A significant and highly desirable feature is the inclusion of a separate flatlet. This versatile addition presents excellent opportunities for accommodating extended family, hosting guests, or generating suppl

R 1 200 000

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Townhouse · for sale

R 750 000

R 10 135/m²

2 Bedroom Townhouse For Sale in Rembrandt Park

Melrose

· 74 m² · 2 Bedrooms · 2 Baths · Townhouse

· Garden · Patio · Integral kitchen · Security

Melrose · 74 m² · 2 Bedrooms · 2 Baths · Townhouse · Garden · Patio · Integral kitchen · Security

Looking for security, space, and modern living all in one? Step into this stylish 2 Bedroom | 2 Bathroom ground floor apartment offering the perfect lock-up-and-go lifestyle. Residents enjoy access to excellent communal facilities, including a clubhouse, while comprehensive security features ensure complete peace of mind. Why you'll love it: 2 Spacious Bedrooms 2 Bathrooms (1 Main En-Suite) Modern Open-Plan Kitchen Light-Filled Lounge Area Patio & Communal Garden Fibre Ready Clubhouse Facilities with an enclosed communal pool 24-Hour Security & Access Control Whether you're a first-time buyer, investor, or looking to downscale without compromising on comfort, this home ticks all the boxes! Don't miss out. Properties in secure complexes are in high demand!

R 750 000

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House · for sale

R 2 390 000

R 1 031/m²

5 Bedroom House For Sale in Bramley

Melrose

· 2 317 m² · 5 Bedrooms · 4 Baths · House

· Swimming pool · Garden · Parking · Security

Melrose · 2 317 m² · 5 Bedrooms · 4 Baths · House · Swimming pool · Garden · Parking · Security

Spacious Family Home with Cottage Set on a generous stand in a secure enclave, this well-designed home offers comfort, space and flexibility for family living. It features 5 bedrooms, 3.5 bathrooms, and a sun-filled living room that welcomes you as you walk in. The kitchen is large and practical. Ideal for cooking and gathering. Step outside and enjoy a large garden, an entertainment area with a pool, and extra gated parking tucked away at the back for added security. Bonus: A private cottage with its own entrance. Perfect for a teenager, rental income or guests

R 2 390 000

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House · for sale

R 1 350 000

R 2 727/m²

8 Bedroom House For Sale in Brixton

Melrose

· 495 m² · 8 Bedrooms · 6 Baths · House

Melrose · 495 m² · 8 Bedrooms · 6 Baths · House

Great investment opportunity in Brixton! Set on a generous 495 sqm erf, the current owner has already optimised the property to accommodate 5 spacious rooms in the house and 3 separate fully self contained cottages. It's all about location and opportunity and this property has both of those boxes ticked! Perfect for a multi-let investment or those who want to leverage the student accommodation space, this property can be used for either. It just needs someone with drive and vision and to execute what has already been started. Key Features: Main house: 5 bedrooms. Large kitchen. 2 bathrooms Exterior: 3 self contained bachelor cottages. Prime location

R 1 350 000

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House · for sale

R 5 999 000

7 Bedroom House For Sale in Upper Houghton

Melrose

· 7 Bedrooms · 5 Baths · House

· Swimming pool · Garden

Melrose · 7 Bedrooms · 5 Baths · House · Swimming pool · Garden

Why to Buy? Main House: 4 Spacious Bedrooms 3 Bathrooms Fully Fitted Kitchen Comfortable Lounge Formal Dining Area Cottage 1: 1 Bedroom 1 Bathroom Combined Lounge & Dining Area Cottage 2: 2 Bedrooms 2 Bathrooms Combined Lounge & Dining Area Shared Amenities: Communal Swimming Pool Well-Maintained Garden Situated at the prestigious address of 6 Grove Road, Mountain View, Houghton, this expansive property offers a rare opportunity for extended families, investors, or those seeking versatile living options in one of Johannesburg’s most sought-after suburbs. The main house features 4 spacious bedrooms, 3 bathrooms, a well-appointed kitchen, a generous lounge, and a formal dining area—perfectly designed for both relaxed living and elegant entertaining. In addition to the main residence, the property includes two fully self-contained cottages. Cottage 1 offers a comfortable 1-bedroom, 1-bathroom layout with its own lounge and dining space—ideal for guests or rental income. Cottage 2 provides

R 5 999 000

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House · for sale

R 650 000

R 1 313/m²

5 Bedroom House For Sale in Bezuidenhout Valley

Melrose

· 495 m² · 5 Bedrooms · 2 Baths · House

· Parking

Melrose · 495 m² · 5 Bedrooms · 2 Baths · House · Parking

This home situated in Bezuidenhout Valley close to Eastgate Shopping Centre is ideal for an investor looking to earn a good monthly rental income or for a 1st time buyer. The main house consists of an entrance hall, open plan lounge and dining room, 2 nice sized bedrooms, a fitted kitchen and a bathroom. There are 3 outside room's, one with a bathroom plus a large storage room which could also be converted into a 4th outside room. There is also a lockup garage and a covered carport plus a swimming pool that needs attention. This property is new on the market and has been priced correctly for a quick sale, so to avoid losing out on this great purchase book a viewing today

R 650 000

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Townhouse · for sale

R 1 040 000

R 15 522/m²

2 Bedroom Townhouse For Sale in Saxonwold

Melrose

· 67 m² · 2 Bedrooms · 1 Bath · Townhouse

· Balcony · Parking · Security

Melrose · 67 m² · 2 Bedrooms · 1 Bath · Townhouse · Balcony · Parking · Security

Perfectly positioned in timeless Parktown. Emanating from a love of beautiful design and sophisticated detail, to never being far from the pulse of the city, your blissful abode is modern and vibrant. Whether you're a young, early nesting family or a single executive. You will find comfort! The unit offers 2 modern bedrooms with wooden floors & fitted blinds, full bathroom with bath & shower, spacious open plan living area / dining area leading to a balcony, modern kitchen. Undercover carport. The complex offers 24 hour security & communal swimming pool. Now make it yours by contacting us to arrange an appointment to view!

R 1 040 000

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House · for sale

R 2 900 000

R 5 846/m²

4 Bedroom House For Sale in Kensington

Melrose

· 496 m² · 4 Bedrooms · 3 Baths · House

· Swimming pool · Parking

Melrose · 496 m² · 4 Bedrooms · 3 Baths · House · Swimming pool · Parking

Beautiful four bedroom house| three bathrooms| modern kitchen| lovely swimming pool| inverter system why to buy?.Four bedrooms with built-in wardrobes and ample lighting. Three bathrooms one being main en-suite. Well-appointed kitchen. Formal dining room. Spacious lounge. Double Garage. Private Swimming Pool. Dedicated Study. Gated Community Location. Battery Inverter System. Pet-Friendly Accommodation Presented for acquisition, this distinguished four-bedroom, three-bathroom residence is situated within a secure gated community in the esteemed suburban enclave of Kensington, Johannesburg. Spanning an erf size of 496m², this property offers a refined living experience, meticulously designed for comfort and functionality. The interior layout encompasses a well-appointed kitchen, a formal dining room, and a spacious lounge, complemented by an additional family television room, providing ample space for both formal entertaining and relaxed family gatherings. A dedicated study offers an id

R 2 900 000

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House · for sale

R 16 499 000

R 19 759/m²

5 Bedroom House For Sale in Sandown Estate

Melrose

· 835 m² · 5 Bedrooms · 7 Baths · House

· Swimming pool · Garden · Heating · Parking · Fireplace · Sauna · Gym · Deck · Security

Melrose · 835 m² · 5 Bedrooms · 7 Baths · House · Swimming pool · Garden · Heating · Parking · Fireplace · Sauna · Gym · Deck · Security

5 Beds. 7 Baths. 4 Garages. 5 Guest parking's. Private Gym. Sound Proof Cinema. Sauna. Solar Geysers. Offices. 1513sqm serious seller! SEE VIDEO BELOW This architectural masterpiece rises three stories high, offering ultra-modern elegance living for the extended family. Whatever your desires are in a Family Home, this exquisite home has it all! 4 Living Rooms, Cinema room and sauna, which can be converted into a cottage, Home Automation, 2 Level Gardens, Domestic Suite x 2 Bedrooms, Bar, 5 Bedrooms, Gym, Playroom, 2 Studies, Security and Cameras, 9 Bathrooms, Library, Roof Deck Jacuzzi spec, 2 Store rooms, energy efficient home, electric blinds, 4 garages, pool, 2 kitchens, 7 steam room, underfloor heating 7 gas fireplaces, 15 foot boundary walls. Home automation controlled with security integration to the private security company, 24/7 security patrols the secure boomed area in a prestigious one-entrance-in, one-entrance-out Estate, this home blends with luxury, privacy, and peace of

R 16 499 000

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House · for sale

R 5 200 000

R 2 086/m²

6 Bedroom House For Sale in Linksfield

Melrose

· 2 492 m² · 6 Bedrooms · 2 Baths · House

· Storage room · Garden · Equipped kitchen

Melrose · 2 492 m² · 6 Bedrooms · 2 Baths · House · Storage room · Garden · Equipped kitchen

Nestled within a tranquil cul-de-sac in an esteemed Johannesburg suburb, this expansive residential property offers a distinguished living experience. The residence presents a substantial erf size of 2492 sqm, featuring a well-maintained garden and extensive paving, contributing to its considerable kerb appeal and providing a welcoming first impression. Upon entry, a bright and spacious entrance hall, adorned with elegant wood trim and tiled flooring, sets a sophisticated tone, leading seamlessly into the home's various reception areas. The well-appointed kitchen is a culinary delight, boasting extensive wooden cabinetry, durable granite countertops, a modern stainless steel gas stove and oven, and an integrated wine rack. A dedicated scullery and pantry enhance functionality, accommodating a dishwasher and washing machine. The residence further comprises a formal dining room, a comfortable family TV room, and a dedicated study, all featuring tiled flooring and ample natural light, ens

R 5 200 000

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House · for sale

R 2 700 000

3 Bedroom House For Sale in Bordeaux

Melrose

· 3 Bedrooms · 2 Baths · House

· Swimming pool · Garden · Balcony · Parking · Fireplace · Drying area · Patio · Integral kitchen

Melrose · 3 Bedrooms · 2 Baths · House · Swimming pool · Garden · Balcony · Parking · Fireplace · Drying area · Patio · Integral kitchen

Calling buyers between R2 650 - and R2 700 - to view and negotiate! Serious seller. Mansion! Place to call Home and raise your kids up. Beautifully landscaped kiddies delight pristine front garden with flowerbeds, lush big trees and foliage. Back garden with a large swimming pool. House of 3 oversized Bedrooms / 2 Bathrooms / 2 Reception Rooms / Hobby Room / Entrance hall/ Huge covered Patio overlooking swimming pool. Stunning secluded balcony out of lounge. Fire place. Outside Laundry room. Staff accommodation. Double garage / Carport /open parking for 2 more cars. Rentable Cottage of 1 Bedroom/1 Bathroom/Open plan kitchen/Lounge. Potential income up to R6000pm excluding utilities. Most practical awesome house for the artistic temperament. Immersed in nature with beautiful views of the garden. Homes of this calibre are rare. Hurry to avoid disappointment! View by appointment only

R 2 700 000

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House · for sale

R 1 500 000

R 3 000/m²

3 Bedroom House For Sale in Kensington B

Melrose

· 500 m² · 3 Bedrooms · 1 Bath · House

· Parking

Melrose · 500 m² · 3 Bedrooms · 1 Bath · House · Parking

Situated in a quiet cul-de-sac, this charming fixer-upper offers great potential for families or investors looking to add their personal touch. The home features: 3 well-sized bedrooms 1 bathroom Spacious living areas Solid Oregon pine doors and beautiful yellow wood floors 1 garage Offers from R1 125 -! Don't miss out on this bargain investment opportunity!

R 1 500 000

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Townhouse · for sale

R 2 900 000

R 11 284/m²

4 Bedroom Townhouse For Sale in Sandown

Melrose

· 257 m² · 4 Bedrooms · 4 Baths · Townhouse

· Storage room · Garden · Air conditioning · Balcony · Parking · Security

Melrose · 257 m² · 4 Bedrooms · 4 Baths · Townhouse · Storage room · Garden · Air conditioning · Balcony · Parking · Security

Property at a Glance. 4 Bedrooms | 3.5 Bathrooms. Freestanding townhouse with private garden. Downstairs: spacious living areas, kitchen with scullery, guest loo. Upstairs: 4 bedrooms (incl air-conditioned main with balcony & dressing room) and 3 bathrooms (2 ensuite). Double garage. Fibre-ready. Pet friendly. Backup water (borehole, filtered). Small complex | 24-hour security guard. Within boomed area. Close to Sandton amenities and leading schools Walk Through Set in a small, exclusive complex, in the secure and private boomed-off part of Sandown, this beautiful freestanding townhouse is the perfect base for modern city living. Distinguished by an exceptionally spacious open-plan lounge and dining area that opens out to a neat, sun-bathed garden creating the ideal setting for entertaining of relaxed family time. The kitchen is fitted with granite counters and contrasting white cabinetry, an electric stove and oven with extractor, prep sink and large pantry cupboard. It accommodates a

R 2 900 000

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House · for sale

R 4 150 000

R 8 469/m²

14 Bedroom House For Sale in Ferndale

Melrose

· 490 m² · 14 Bedrooms · 15 Baths · House

Melrose · 490 m² · 14 Bedrooms · 15 Baths · House

Seller asking R 4,150,000 excluding VAT. All reasonable offers will be considered 14 units. 13 income-generating. 11 long-term formal leases, 2 short-term. On-site management accommodated. R70,000 average monthly income. This is a working investment. Full title. 1,681 sqm erf. 490 sqm under roof. The property operates as a managed multi let accommodation facility in the heart of Ferndale, Randburg. THE INCOME CASE Current average monthly gross income: R70,000. Annual gross: R840,000. Gross yield at asking price: 20.2%. Net yield after all operating costs, current structure: 11.5%. Net yield post pre paid meter installation: 14.2%. That single operational change saves between R84,000 and R144,000 per annum. Utilities currently run between R7,000 and R12,000 per month, fully absorbed by the owner. Pre paid meters shift that cost to tenants. No change to income. Straight improvement to net. YIELD SUMMARY Current gross yield: 20.2% Current net yield (utilities absorbed by owner): 11.5% Net

R 4 150 000

2 155 houses for sale in Melrose

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