Monte Luce, new homes in Illovo

Illovo · New Development

MONTE LUCE

Ten homes. One Illovo address.

Ten freehold cluster residences at 47 1st Avenue, Illovo.
R 7 million each. Select units available to rent at R 65,000/mo unfurnished.

The development

Monte Luce, in detail.

Monte Luce is a limited collection of just 10 freehold cluster residences at 47 1st Avenue, Illovo. Each home offers approximately 335 m² under roof on a stand of 307–407 m², designed for modern executive living: three ensuite bedrooms, a designer kitchen with separate scullery, a Zen-style central garden, and lock-up-and-go convenience with the freedom of full title ownership.

Illovo sits on the edge of Sandton CBD: minutes from the M1, Melrose Arch, Rosebank, and Hyde Park. It’s one of Johannesburg’s most tightly held central suburbs, where stock rarely comes to market and new-build inventory at this scale is rarer still.

Construction is well progressed, with estimated completion in August or September 2026. Only 5 of the 10 homes remain available, each at R 7 million. Select units are also offered to rent at R 65,000 per month, unfurnished. Viewings are strictly by appointment.

Developer stock

The homes.

Every Monte Luce home is the same: same configuration, same finishes, same ticket. Tap through to see the full listing: gallery, floor plans, specs.

Layout

Home layout.

Every Monte Luce home shares the same ±335 m² configuration, three ensuite bedrooms on the first floor above an open-plan ground floor anchored by the Zen-style central garden.

Monte Luce floor plan, Ground floor
Ground floor
Monte Luce floor plan, First floor
First floor

Illovo · the area

On the edge of Sandton CBD. Worlds quieter.

Illovo borders Sandton CBD to the east and Hyde Park to the north: a leafy, low-density pocket that punches well above its size for the addresses it puts on your doorstep. The Wanderers Club and Melrose Arch are both five minutes; Rosebank Gautrain Station is seven.

Most of Johannesburg’s most enduring luxury suburbs are within a 12-minute drive. The trade-off Illovo offers buyers is centrality without the noise of a business node, and at this scale of new build, almost no competing inventory.

47 1st Avenue, Illovo, Sandton

Indicative finance

What does it actually cost?

Estimated monthly bond on a Monte Luce home, and what rental looks like on the units offered to let. Bond figures: 10% deposit over 20 years at 10.25% (prime). Open any calculator to adjust deposit, rate and term.

Buy

Own the home outright

R 7,000,000

Estimated monthly bond

± R 61,844/mo

Open bond calculator

Rent

Lease select units

R 65,000/mo

Unfurnished, available units

Select units available to rent unfurnished. Same spec, same finishes, same address, just rent instead of own.

Enquire about rental

Indicative only. Not a quote or offer of credit. We refer all bond enquiries through BetterBond, they shop your application across five major banks at once.

Estimate transfer costs separately →

Book a private viewing

Walk the site. See the finishes.

Monte Luce is under construction. Viewings are by appointment only, on-site. Tell us what interests you (buying, renting, or both), and roughly when works for you.

Monte Luce not quite right?

Then look elsewhere.

If Monte Luce isn’t the fit, here’s where the rest of the LuxProp portfolio lives.

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