A rendering of One on Whiteley, the much-awaited fourth residential phase of Melrose Arch. Pam Golding Properties has brought 119 luxury one- and two-bedroomed apartments in the new development to market.
Further luxury residential accommodation has been brought to market within one of Johannesburg’s best known mixed-used exclusive developments, Melrose Arch, in order to keep up with the massive demand for residential space that is being experienced within the precinct.
This is according to Dr Andrew Golding, the chief executive of the Pam Golding Property group, who was speaking at the launch of One on Whiteley, the much-awaited fourth residential phase of Melrose Arch. Pam Golding Properties is marketing 119 luxury one- and two-bedroomed apartments in the new development.
“Pam Golding Properties is honoured to be marketing this new residential phase of Melrose Arch that is being developed by Amdec,” added Dr Golding. “Melrose Arch is a pioneering mixed-use development concept, which has consistently led the way in modern urban design in South Africa.”
He said that homes in the Melrose Arch precinct remain as popular as they have ever been. “This is not surprising, as the development is iconic, offering a sophisticated, highly exclusive and convenient high-street café lifestyle, which knows no equal in this country. In addition there are only a limited number of residential properties available within the highly fashionable development, which has an enviable national and international reputation.”
Melrose Arch is situated on all major bus routes, while the Gautrain bus travels through the development every 15 minutes during peak hours. The area is a central point in Johannesburg, adjacent to the N1 highway and offers easy access to Wits University, the University of Johannesburg and a host of outstanding schools.
Peet Strauss, Melrose Arch development manager for Pam Golding Properties (PGP), says that one of the most exciting aspects about Melrose Arch is that considerably more development within the precinct is either planned or underway. The precinct currently comprises 225 000 sqm of mixed-use development. A further 375 000 sqm has been earmarked for future phases. The precinct will generate an ultimate capital asset value in excess of R16.5 billion.