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32 Colorado, 38 Basil, Ferndale, Randburg, Gauteng
R 420 000
Perfect for investors or first-time buyers, this 1 bedroom apartment is set in a well-maintained and secure complex in Ferndale. The unit features a spacious bedroom, bathroom, kitchen, and a comfortable living area. The building includes an elevator for added convenience, and residents have access to a communal swimming pool. A tenant is already in place, offering immediate rental income from day one. Well located close to major routes, shopping centres, and everyday amenities, making it a practical and attractive option.
Estimated monthly repayment
R 3 966
on a R 378 000 bond over 20 years at 11.25%
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32 Colorado, 38 Basil, Ferndale, Randburg, Gauteng
Fair-value check
Good valuePriced 24% below comparable 1-bed apartments for sale in Ferndale
Based on 141 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Naledi Mokoena
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