Real Estate Investor Magazine South Africa March/April 2020 | Page 18

ACQUIRING SPONSORED Presenting One on Whiteley An excellent investment opportunity at Melrose Arch O ne on Whiteley is the latest residential development by the Amdec Group, South Africa’s leading developer of New Urban lifestyles. Located within the heart of Melrose Arch, this recently completed development offers incomparable urban living ideal for young professionals, first time buyers, corporate business travelers, and property investors. One on Whiteley houses 241 luxury residential apartments spanning 8 floors, built around a private courtyard with indigenous landscaping, sundeck, and heated swimming pool. The development sits above the exclusive Daytona motor dealership - home to Pagani, Rolls Royce, McLaren, and Aston Martin - and stands adjacent to South Africa’s first new 5-star Marriott Hotel, which opens in March 2020. Apartments have been built to the highest possible standard, and come complete with upmarket finishes, 16 MARCH/APRIL 2020 SA Real Estate Investor Magazine Caesarstone counter-tops, and integrated SMEG appliances. Additional features include energy efficient LED lighting, full backup generator power, strict access control and CCTV, fibre- to-the-home, and ample secure undercover parking. Compelling investment Melrose Arch sets the gold standard for mixed-use developments. This iconic award-winning precinct occupies a prime location within Johannesburg’s affluent northern suburbs - making it both highly visible and easily accessible – and its pedestrianised new urban design framework delivers convenience, connectivity, security, and efficiency to the many people who choose to live, work, and play there. Contrary to current market conditions, rental returns at Melrose Arch are impressive when compared to other luxury property nodes in Johannesburg. This unique New Urban development has cornered the market in terms of long-term capital growth,