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R 16 950 000 Bond Calculator | 4 Bedroom House for Sale in Illovo

48 Third Avenue, Illovo, Sandton

4 5 3
Erf Size: 821 m²

Brand new Modern Cluster Home

Illovo is one of Johannesburg’s most prestigious suburbs, where land is scarce and new developments incredibly rare. The Sandton CBD, Melrose Arch and access to the M1 motorway is less than a few minutes’ drive, with a host of shopping centres, schools and amenities in the immediate vicinity.

Villa Modena is a secure and exclusive complex of only three freehold cluster homes.

The complex comprises:
Villa 1 – 821sqm Stand / 550sqm Home R16,95m
Villa 2 – 768sqm Stand / 550sqm Home SOLD
Villa 3 – 1859sqm Stand / 950sqm Home SOLD

The development is delivered by SPS Architects and DL Management, one of the largest teams across Steyn City. They are masters at delivering high-end, luxury homes with offices in Johannesburg, Durban and Cape Town.

Currently, changes can be made to the plans of Villa 1. The architecture fee is R850 per sqm.

The current home configuration offers:

Ground Floor
- Triple Garage and large motor court with parking for 4-5 guests
- Sculpture on plinth through feature entrance into open plan design
- Floating staircase with dining room and lounge flanked on either side
- Large kitchen, separate scullery and guest loo
- Sliding doors opening up to covered patio with braai area
- Feature pool and fire pit opening up into the garden
- Staff room tucked around the back of the home

First Floor
- Study nook and pyjama lounge as you come to the top of the stairs
- Sizeable main suite with lounge in bedroom, walk-in wardrobe and beautiful balcony with views towards Sandton CBD
- Three additional en-suite bedrooms

A 5th bedroom, home office, man cave or any other space can be added at an additional sqm rate.

The site has been levelled and cleared. Reach out via call, WhatsApp or email to set up a time to view the site. You will be able to schedule a virtual or in-person meeting with the architect for a 3D fly-through of the home and to discuss any changes you may have in mind.

Illovo will continue to deliver incredible property returns with super high demand, but limited supply, especially when it comes to new homes of this caliber.
Villa 1: Land Price R3,5m (excl vat) Build R13,45m (vat inclusive). The land purchase is needed up front and the build price can be split over an 11-12 month build period.


Property Overview

Listing Number
115760419
Type of Property
House
Street Address
48 Third Avenue, Illovo
List Date
22 March 2025
Erf Size
821 m²
Pets Allowed
Yes
Furnished
Optional

Rooms

Bedroom
4
Bathroom
5
Kitchen
1
Office/study
1
Domestic
1
Lounge
1
Dining Room
1
Bar
1
Entrance Hall
1

External Features

Garage
2
Garage 1
Double
Garage 2
Single
Parking
1
Pool
1
Outbuilding
1
Outbuilding 1
Staff Quarters/Domestic Rooms

Other Features

Security
1
Nearby Public Transport
Minibus Taxi
Internet Access
Fibre


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Devon Brough
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