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Ferndale, Ferndale, Randburg, Gauteng
R 4 000 000
This property is ideally located close to amenities, schools, and public transport routes, making it a great investment opportunity, as well as been in a good development zone. The main house is currently being rented out, here is a breakdown: Depending on room size: R1800 R2000 R2300 R2500 R3000 R3000 The top part of the property is currently rented out to a panel beater, providing a stable monthly income of R5,000. There is also ample space on the property to build additional cottages, which could further increase rental revenue. Outside, there's a swimming pool that requires some TLC but has great potential for summer relaxation. The property offers ample parking space for tenants and visitors. Contact our agents today to schedule an appointment and explore the income-generating possibilities of this property!
Estimated monthly repayment
R 37 773
on a R 3 600 000 bond over 20 years at 11.25%
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Ferndale, Ferndale, Randburg, Gauteng
Fair-value check
Priced highPriced 54% above comparable 4-bed houses for sale in Ferndale
Based on 53 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Johan Mnguni
Unclaimed listing — claim it to verify
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