Expansive Family Retreat with proven financial opportunity offered in Melrose!

This exceptional Provençal-style family sanctuary located in one of Jozi’s most affluent and enviable lusciously green central suburbs, offers the discerning buyer a rare opportunity to enjoy an aspirational indoor/outdoor lifestyle while simultaneously enjoying the proven built-in financial opportunity of not one but two highly rated rental apartments.
The expansive and immaculately presented accommodation comprises three-bedrooms in the main house with exceptional reception rooms designed for convivial living and entertaining all opening onto the delightful patio, luscious sun filled garden and glorious pool; an adjoining a self-contained, flexible guest suite suitable for rental and/or remote work, as well as an extremely well appointed rental apartment with magnificent views over Ethel Grey Park.
Host effortlessly in the lounge with its bespoke blond wood bar, elegant dining room or the comfortable and light-filled family room. The chef’s kitchen is well appointed, with an integrated fridge/freezer, gas hob, electric oven, a custom butcher block island and flows naturally into the quaint informal dining area
Upstairs offers 3 bedrooms and 2 bathrooms, a spacious main suite has access to a large sunny balcony overlooking the garden and enviable views of the Park. A pyjama lounge completes the family level.
Forget simply buying a house - invest in a dynamic lifestyle with built-in financial opportunity. This home is designed for the modern executive, offering the flexibility to adapt to your changing needs with seamless family living, luxurious guest accommodation, or a proven income generator!
This is not a fixed home; it’s a fluid space that maximizes your investment opportunity.
* The downstairs guest suite has the option of direct access to the main house or can be sealed for complete privacy. Use it as a self-contained guest suite for family or lock it and rent it out immediately. It features a separate bedroom, lounge, 1/2 kitchen, shower & toilet, gas geyser, UPS backup, and American security shutters.
* The independent upstairs apartment includes a full kitchen, bathroom, dining area, magnificent views and offers a 2nd private rental space.
Both with parking spaces, these fully furnished flatlets (furniture included in the sale), have the potential to generate approximately R40,000 per month in rental income - funding your lifestyle or paying down your bond!
The property is equipped for security and sustainability with -
* 12 Solar panels and 4 batteries providing power backup. Energy efficiency is boosted by 2 solar geysers (4 geysers in total).
* An electric fence, alarm system, internal/external beams, and a CCTV camera at the entrance gate.
Practicality includes a double garage and a staff suite with two bedrooms and separate facilities.
This is more than a home; it's an unbeatable investment in a premier location.
Embrace the flexibility and opportunity today!
Contact Pam or Francois today to secure a viewing.