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Ferndale, Ferndale, Randburg, Gauteng
R 3 980 000
Cash buyers only.. This is an income generating property, it generates up to R 60 000 per Month (I will provide the spreadsheet of the number of rooms ,bedrooms,kitchens,bathrooms and rent income for the past years) -The property has been fully let for at least 15 years This investment property has 20 units -This property has 24 bedrooms -15 kitchens -17 bathrooms -11 lounges -12 parking's -9 gardens Please note that the school is a separate erf and is not part of the property -It is zoned 1 but if all areas are under the same roof all that is required is "as built' drawings. -rezoning may involve time and expenses. For more information on the property please do no hesistate to contact me! -
Estimated monthly repayment
R 37 584
on a R 3 582 000 bond over 20 years at 11.25%
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Ferndale, Ferndale, Randburg, Gauteng
Fair-value check
Priced highPriced 69% above comparable 3-bed houses for sale in Ferndale
Based on 51 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Thabo Nel
Unclaimed listing — claim it to verify
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