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Ferndale, Ferndale, Randburg, Gauteng
R 2 900 000
Prime 4,015 m² Development Stand in Ferndale with Gautrain Connectivity This exceptional 4,015 m² stand in Ferndale represents a significant opportunity for residential developers seeking a strategically positioned property in one of Johannesburg's most sought-after areas. The stand currently generates reliable tenant income, providing immediate returns whilst you plan your development strategy. The property benefits from comprehensive infrastructure that streamlines development timelines. A three-phase electricity connection is already established, and the sewerage system is fully operational. The borehole on site ensures water security for construction and ongoing operations. Most significantly, the stand will connect with The Gautrain extension project, positioning it at the forefront of Johannesburg's transport revolution and substantially enhancing long-term property values. Location advantages are considerable. Malibongwe Drive provides direct access to North Riding and Cresta, whilst Ferndale on Republic Shopping Centre is conveniently nearby. The security estate setting adds appeal for residential development, and the generous erf size allows flexibility for multiple dwelling units or a substantial single residence. Key Features 4,015 m² prime development stand Three-phase electricity connection Operational sewerage system Borehole for water security Gautrain extension connectivity Current tenant income Security estate location Excellent transport links via Malibongwe Drive This is a rare opportunity to secure a development property with existing infrastructure and income-generating potential. Contact us today to arrange an exclusive viewing and discuss the development possibilities before this exceptional stand is claimed. HAPPY VIXEN PROPERTIES (PTY) LTD trading as RE/MAX One Hundred (Fourways) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 27 386
on a R 2 610 000 bond over 20 years at 11.25%
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Ferndale, Ferndale, Randburg, Gauteng
Listed by
Lerato Du Plessis
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