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Ferndale, Ferndale, Randburg, Gauteng
R 2 799 000
12 Bedroom Multi-Let Property for Sale in Ferndale, Randburg Price to Go! Calling all serious buyers and investors! This exceptional 12-bedroom, 6-bathroom property (divided into 5 separate units) presents a rare investment opportunity in the heart of Ferndale. Currently operating as a fully functional multi-let rental property, it already generates R35,000+ in monthly rental income, offering immediate cash flow for the new owner. The property sits on a generous stand with a double-storey layout, providing excellent potential for future expansion or upgrades. With some customization, the property could easily be converted into a boutique B&B, guesthouse, or hospitality business, or even a large family compound where multiple households can live comfortably within the same property. Additional features include three Wendy houses, offering extra storage or potential additional rental options. Located in the well-positioned suburb of Ferndale in Randburg, the property enjoys close proximity to business hubs, shopping centres, transport routes, and essential amenities — making it highly attractive for tenants and short-term accommodation. This is a high-yield investment opportunity with strong growth potential. Book an appointment now to view and secure this opportunity!
Estimated monthly repayment
R 26 432
on a R 2 519 100 bond over 20 years at 11.25%
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Ferndale, Ferndale, Randburg, Gauteng
Liivra AI market value
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Listed by
Hendrik Masilela
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