Villa Modena, new homes in Illovo

Illovo · New Development

VILLA MODENA

One villa left. On Third Avenue, Illovo.

A tightly-held complex of three freehold cluster villas at 48 Third Avenue, Illovo. Two are sold, only Villa 1 remains: 821 m² stand, ±530 m² home, by SPS Design. R 16.29 million, land plus full build.

The development

Villa Modena, in detail.

Villa Modena is a complex of three freehold cluster villas at 48 Third Avenue, Illovo, one of Johannesburg’s most prestigious central addresses. Two have sold. Only Villa 1 remains: an 821 m² stand with a ±530 m² home, designed for five ensuite bedrooms, triple garage with motor court, separate scullery, covered braai patio, feature pool, and a main suite with balcony views toward the Sandton skyline.

Architecture is by SPS Design and delivery by DL Management: the same team responsible for landmark homes across Steyn City, with offices in Johannesburg, Durban, and Cape Town. The standard configuration includes a floating staircase entry, large kitchen and scullery, study nook and pyjama lounge on the first floor, and an optional fifth bedroom or home office that can be added at R 18,000/m² VAT inclusive.

The site has been levelled and cleared, ready to build as soon as land transfers. You can meet the architects in person or via virtual 3D fly-through to brief layout, finishes, and any spec variations before the build begins. New homes of this caliber in Illovo, on a stand of this size, almost never come to market. Viewings strictly by appointment.

Developer stock

The homes.

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

Site development plan

The full site.

Villa Modena site plan: three villas on Third Avenue, Illovo. Villa 1 is the remaining home.

Villa Modena site development plan

Layout

Villa 1 layout.

Villa Modena floor plan, Villa 1 plan · ±530 m²
Villa 1 plan · ±530 m²

Illovo · the area

Illovo. Sandton on the doorstep.

Illovo sits on the edge of the Sandton CBD: minutes from Melrose Arch, Hyde Park, Rosebank, and direct M1 access via Glenhove. Land in Illovo is scarce; new builds at this scale are rarer still. The Sandhurst Avenue connector puts Sandton City eight minutes away; Rosebank twelve.

Illovo is one of the nine suburbs we cover in depth at LuxProp. See our full Illovo profile (resident base, recent sales, schools, amenities) on the suburb page below.

48 Third Avenue, Illovo, Johannesburg

Indicative finance

What does it actually cost?

Estimated monthly bond on a Villa Modena home. Bond figures: 10% deposit over 20 years at 10.25% (prime). Open the calculator to adjust deposit, rate and term.

Buy

Own the home outright

R 16,290,000

Estimated monthly bond

± R 143,919/mo

Open bond calculator

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

See the site. Meet the architects.

The site is levelled and ready to build. Devon arranges a site walk and a meeting with SPS Design, in person or via virtual 3D fly-through, so you can brief your home before construction starts. Tell us roughly what you're after and when works.

Villa Modena not quite right?

Then look elsewhere.

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

WhatsApp