R 4 050 000 | 3 bed property for sale in melrose

Price reduced by R1,7million Now R1,7million less than original asking price - priced to sell! Opportunities like this come around only once! Your chance to buy and own a property in the EXCLUSIVE suburb of Melrose. Convert this wonderful solidly built old farmhouse into your dream home, or develop the land to accommodate a sectional title development. It can be rezoned to built 16-32 units, depending on how the layout is planned, or it can be subdivided to form a 2nd stand with it's own entrance (not a pan handle). This characterful home exudes charm from the minute you walk through the front door. There is also a large cottage or home office with a private entrance, as well as staff accommodation with 2 rooms. Now you can live in the heart of the Northern suburbs, surrounded by more affluent areas like Melrose Arch, Rosebank, Hyde Park and Illovo, with Melrose right in the centre of it all. Sandton City a quick 8 minute drive away. The Gautrain bus stop is less than 50m away. This home would be an amazing family home, or guest house or the perfect position for a small development. The potential of this property can only be appreciated when one physically walk around to experience and take it all in. Book your exclusive viewing.