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RE-D5-6B-GP

R2,500,000

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Vacant land for sale in Melrose

Jellicoe Avenue, Melrose View on map
PTN 1 STAND 625m2 IN BOOMED ACCESS ESTATE, DESIGN AND BUILD YOUR DREAM LUXURY CLUSTER HOME FROM R7.5M
Melrose is one of Johannesburg’s most prestigious suburbs, where land is scarce and new developments incredibly rare. The Rosebank and Sandton CBD’s, Melrose Arch and access to the M1 motorway are less than a few minutes’ drive, with a host of shopping centres, excellent schools and amenities in the immediate vicinity. Mmulana Estate is a secure and exclusive complex of only four freehold cluster homes . 1. Buy your stand 1 – 625 sqm Stand /R2.5M /Home to be designed for client from R7.5M 400sqm UNDER OFFER 2 – 814 sqm Stand /R3.2M/Home to be designed for client from R7.5M 400sqm UNDER OFFER 3 – 649sqm Stand/R2.7M/Home to be designed for client from R7.5M 400sqm UNDER OFFER 4– 649sqm Stand/R2.7M/Home to be designed for client from R7.5M 400sqm 2. Design your home while the stand transfers into your name - The development is delivered by SPS Architects and DL Management, one of the largest teams across Steyn City. They are masters at delivering high-end, luxury homes with offices in Johannesburg, Durban and Cape Town. The stands will be purchased and transferred while the design work and quotation stages are in progress and the building will commence thereafter. Please note there is a specified timeline to start construction of 12 months from signed land agreement. The Sec 34 submission is in progress for the subdivision. The Estate architecture is aimed to create elegant family homes that compliment the Melrose precinct with a look and feel of contemporary or contemporary farm style homes featuring earthy tones and elements. Minimum house size will be 400 sqm under roof including garages, storerooms and patios. THIS STARTS AT R7.5M FOR 400SQM. The estate will ideally be double storey homes to minimise the footprint and maximize potential garden spaces. This is, of course, the client’s decision. The windows on the first floor to be kept to a minimum facing towards adjacent neighbours and should be frosted or screened for privacy. Building envelope The designs must comply with the town planning scheme Coverage:- min 60% for all stands FAR:- 1.0 for all stands Building lines:- 3m road for the road facing stands and 2m on all other sides Height:- double storey Level Maximum of 2 stories Second dwellings:- No second dwellings other than staff Detached buildings:- No detached buildings are going to be permitted Solar & water storage tanks Solar panels:- Panels to be as discreet as possible and not project above roof Pool included Pool pumps to be hidden from view Heat pumps to be hidden from view Solar pool heating only allowed on flat slabs Grassing included Features Stone Element - Each design must have some approved natural stone elements Colours - Colours to be “Earthly” and approved by SPS Architects Melrose will continue to deliver incredible property returns with super high demand, but limited supply, especially when it comes to new homes of this calibre. The boom on Cecil Ave will be relocated to the end of the street so access to the main gates of Mmulana Estate will be within the boom- this is fantastic! The site has been levelled and cleared. Reach out via call on WhatsApp to set up a time to view the site. You will, thereafter, be able to discuss the purchase of the stand with us and then schedule a virtual or in-person meeting with the architect for a 3D fly-through of the home you would like to brief and to discuss any changes you may have in mind.
Features
1 gardens
1 pools
Pets allowed: Yes
Furnished: No
Overview
Listing reference
RE-D5-6B-GP
Property type
Vacant Land
Zoning
Single Residential
Gardens
Count
1
Pools
Count
1
Building
Name
MMULANA ESTATE
Commercial
Has natural light
yes
Bond Calculator
Repayment Affordability Breakdown Transfer
Purchase price
R
Deposit
R
Interest rate
%
Loan term
20 Years
Monthly Repayment R24,959
Total Once-Off Costs R184,677
Min Gross Monthly Income R83,198
View breakdown
Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. We do not accept liability for any damages arising from the use of this calculator.
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While every effort will be made to ensure that the information contained within this website is accurate and up to date, Byron Thomas Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers, seller, landlords and tenants should make their own enquiries to verify the information contained herein.