Property
Description
Property Description
A rare gem in the heart of Melrose, this beautifully renovated two-bedroom, two-bathroom, 97 square metre ground floor unit at Melrose Gate features an enclosed patio/sunroom – perfect for a home office – and boasts one of the largest private walled gardens in the area, at approximately 200 square metres. Highlights include a spacious one-plan living and dining area, a brand new high-end kitchen with Bosch gas and induction hobs, quartz counter-tops, a Smeg granite sink and a four-seater quartz dining nook, two modern bathrooms (one en-suite), and an enclosed patio custom-designed with Palace-grade aluminium sliding doors and windows. The unit comes with one covered parking bay (with an additional bay subject to availability), and includes fibre-readiness and garden service. The complex features back-up water and solar lighting, with solar installation permitted under guidelines. A stylish sanctuary with modern comforts and a lush, secure outdoor oasis, the property is perfect for urban professionals or small families. A triple-nett lease is in place which is ending in October 2028.
Features
Bedrooms: 2
Bathrooms: 2 (one en-suite)
GLA: 97 m² on a 297 m² stand
Zoning: Residential 3
Ground floor unit
Private walled garden, approx. 200 m²
Enclosed patio/sunroom with Palace-grade aluminium sliding doors and windows
Study / home office: Yes
Spacious one-plan living and dining area
Brand new high-end kitchen with Bosch gas and induction hobs, quartz counter-tops, Smeg granite sink and 4-seater quartz dining nook
Parking: 1 covered bay (additional bay subject to availability)
Shaded parking bays in complex: 1
Swimming pool (complex): Yes
Security: Alarm, electric fence and CCTV
Water backup / storage tank: Yes
Complex back-up water and solar lighting (solar installation permitted under guidelines)
Fibre-ready
Garden service included
Monthly rates & taxes: R 2 600
Monthly levies: R 4 000
Occupancy: Tenanted (triple-nett lease in place, ending October 2028)
Monthly rental income: R 15 500 (annual gross R 186 000; annual NOI R 114 000)
Overall condition: Good (recently renovated)
Area Description
Melrose is a sought-after, established residential suburb in Johannesburg’s northern suburbs, situated between Rosebank and Sandton and adjoining Melrose North, Birdhaven, and Illovo. The area is divided by the main thoroughfare Corlett Drive and is known for its tree-lined streets, period apartment blocks with high ceilings, modern sectional title developments, and elegant freehold homes. The suburb has retained an upmarket, low-density residential character while sitting at the centre of two of Johannesburg’s most important commercial and lifestyle nodes. Residents enjoy direct access to the M1 motorway via several on-ramps, linking the suburb to Sandton, the Johannesburg CBD, Midrand, Centurion and Pretoria, while the nearby Rosebank Gautrain Station and Gautrain bus services provide convenient public-transport access to OR Tambo International Airport and the wider Gauteng metro. Melrose Arch, the mixed-use precinct on the suburb’s eastern edge, together with Rosebank Mall, Hyde Park Corner and Sandton City, offers an extensive choice of shopping, dining, business, healthcare and entertainment amenities, making the area a popular choice for urban professionals, families, and investors seeking centrally located residential assets in a secure, well-administered neighbourhood.
Area Amenities
Wanderers Stadium – approx. 0.5 km
Melrose Arch Precinct – approx. 1.0 km
Rosebank Gautrain Station – approx. 1.9 km
Rosebank Mall – approx. 2.1 km
Hyde Park Corner – approx. 2.9 km
Sandton City – approx. 3.1 km