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71 North Street, Melrose North, Johannesburg, Gauteng
R 20 000 000
An exceptional development opportunity in one of Johannesburg's most sought after - residential areas. Situated in the heart of Melrose , this prime parcel of land is ideally positioned between the prestigious business and lifestyle hubs of Rosebank , Sandton and Melrose Arch, offering unrivalled accessibility and strong market demand . This rare offering presents developers with the opportunity to create an exclusive luxury apartment development in a high demand location where luxury living , convenience and long term capital growth converge .Capitalize on the continued demand for residential accommodation in Melrose . Key Investment Highlights - Prime Melrose North Location - Res 3 zoning in place -development potential for 21 luxury apartments - 3 storeys plus basement parking
Estimated monthly repayment
R 188 866
on a R 18 000 000 bond over 20 years at 11.25%
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71 North Street, Melrose North, Johannesburg, Gauteng
Listed by
Grace Sibanda
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