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10 Bedroom House For Sale in Ferndale

R1 900 000

Bedroom icon 10 8 564m2 4015m2
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10 Bedroom House For Sale in Ferndale

SPECIAL VALID UNTIL 08.05.2024- FOR R1.9M IT'S A GIVE AWAY

Bedroom icon 10 8 564m2 4015m2

10 Bedroom House For Sale in Ferndale

SPECIAL VALID UNTIL 08.05.2024- FOR R1.9M IT'S A GIVE AWAY

R1 900 000

Monthly Bond Payment: R

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8 Bedroom icon 10 4015m2

Features

  • Parking 8
  • Ensuite 7
  • Lounge 8
  • Dining Areas 1
  • Flatlets 1
  • Patio
  • Pool
  • Pets Allowed
  • Security Gate
  • Kitchen
  • Lapa
  • garden Cottage
  • Entrance Hall
  • Paving
  • Garden

Description

PROJECT THAT WILL YIELD IMMIDIATE INCOME WHEN FULLY REPAIRED

Property Overview:

  • Size: 4015m2
  • Features: Main house + 6 cottages
  • Income Potential: Main house + cottages could generate up to R34,000/month

Key Selling Points:

  1. Rental Income Potential: The 6 cottages offer a substantial rental income opportunity, with each cottage potentially generating R4500/month, totaling R27,000. Combined with the main house, the total potential income reaches R34,000/month.
  2. Additional Income Opportunities: The large empty land on the property is suitable for parking and a play area, providing additional income possibilities.
  3. Convenient Location: Located near the main road and Randburg CBD, the property offers easy access to amenities, schools, and transport routes.
  4. Ample Parking: The property features a carport for 8 cars, ensuring convenience and safety for tenants.
  5. Swimming Pool: While the swimming pool needs cleaning, it adds value to the property and offers potential for recreational use. 

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 3,000

Property Details

Web Ref RXEH-8449
Property Type House
Building Size 564m2
Erf Size 4015m2
Bedrooms 10
Bathrooms 8

Contact Agent

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Teacher Matakala

Candidate Property Practitioner

RE/MAX Direct (Allen's Nek)

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Enquiry about property Ref:RXEH-8449

R1 900 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Teacher Matakala

Candidate Property Practitioner

RE/MAX Direct (Allen's Nek)

MessageCall me back Whatsapp
Book a viewing

Contact Teacher Matakala

Agent profile picture

Teacher Matakala

Candidate Property Practitioner


RE/MAX Direct (Allen's Nek)

Show number

Show number

Enquiry about property Ref:RXEH-8449