Description

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!

Address

  • Address Ferndale
  • Country South Africa
  • Province/State
  • City/Town
  • Postal code/ZIP 2194
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Overview

  • Property ID 8005
  • Price R3,300,000
  • Property Type
  • Property status
  • Rooms 5
  • Bedrooms 4
  • Bathrooms 1
  • Size 4,015 m2
  • Label
  • Garden 1
  • Parking 12

Walk Score

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Contact

OLA Gbadamosi

Property Agent

1A Bedford Manor Office Suites, Corner Regent Street & Kirkby Road, Bedford Garden, Bedfordview, Johannesburg, 2007
067 884 7675
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