Engel & Völkers Southern Africa has signed another licence for the Melrose area in Johannesburg.
This is according to Craig Hutchison, CEO of Engel & Völkers Southern Africa, who says it’s no surprise that Scott Pharoah, licence partner of Engel & Völkers Hyde Park, spotted the opportunity to add Melrose to his portfolio after signing the licence for Hyde Park, earlier this year.
The Melrose licence includes the suburbs of Birdhaven, Birnam, Melrose, Melrose Arch, Melrose Estate and Melrose North, and the territory comprises a great percentage of lifestyle estates and freehold properties.
Hutchison says Melrose is a wealthy and developing suburb in Johannesburg, with the well-known Melrose Arch Shopping Centre that hosts prestigious events such as the Mercedes Benz Fashion week and great art exhibitions.
Melrose contains many upmarket homes, only the best of the best when it comes to hotels, as well as the legendary Wanderers Cricket stadium which is a great attraction and adds entertainment value as it is located conveniently close to Zoo Lake.
Pharoah says the suburb is currently experiencing rapid redevelopment and growth, sanctioned by the City of Johannesburg's Regional Spatial Development Framework. “The city sees many positive aspects to the redevelopment and continued growth.”
Not only does Melrose offer you the opportunity of owning a well-located home in a beautiful green environment, it also has a wealth of businesses at your front door, as the area is also home to large corporations such as The Creative Council, Kindle Head Office, one of the largest show rooms to have been showcased by Audi South Africa, and many more.
Hutchison says they are fortunate to have an entrepreneur like Pharoah, who is always ready to spot an opportunity in the family, and believes that he is a true asset for the brand.