Ferndale - JHB - MR630979

House in Ferndale - JHB, Johannesburg - Central North, Gauteng

R 1,900,000

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10
8
564m2
4015m2
Ferndale - JHB - MR630979
House in Ferndale - JHB, Johannesburg - Central North, Gauteng
R 1,900,000
10 Bedroom House for Sale For Sale in Ferndale - JHB - MR630979
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Key Features

Rooms

  • 10 Bedrooms
  • 8 Bathrooms
  • Flatlet

Services

  • Rates and Taxes R3000

Kitchen

  • Kitchen

Entertainment

  • Pool

External Features

  • Patio (open)

More Features

  • Property Type - House
  • Seller Type - Private Property
  • Floor Area - 564m2
  • Erf Size - 4015m2
  • Price per square floor meter - R3,369 per m2
  • Price per square erf meter - R473 per m2

MyRoof Stats

  • 32 Views
PID=630979 DID=655151 SID=1

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. 

Neighbouring Areas

Ferndale - JHB , Fontainebleau , Malanshof , Moret , Praegville , President Ridge , Ruiterhof , Strydompark

Areas in this Region

Abbotsford , Albertville , Atholhurst , Atholl , Atholl Gardens , Bagleyston , Barlow Park , Benmore Gardens , Beverley Gardens , Birdhaven - JHB , Birnam , Blair Atholl , Blairgowrie , Blue Heaven , Bordeaux , Bramley , Bramley North , Bramley Park , Bramley View , Brecknock A.H. , Bryanbrink , Bryanston , Bryanston East , Bryanston West , Casey Park , Cheltondale , Chislehurston , Clynton , Country Life Park , Craighall , Craighall Park , Cramerview , Dennehof , Douglasdale , Dunhill , Dunkeld , Dunkeld West , Duxberry , Eastgate , Edenburg - Jhb , Elton Hill , Epsom Downs , Fairmount , Fairmount Ridge , Fairvale , Fairway , Fairwood , Fellside , Forbesdale , Formain , Fourways , Fourways Gardens , Gallo Manor , Glen Athol , Glenadrienne , Glenhazel , Glenkay , Glensan , Gresswold , Hawkins Estate , Highlands North , Houghton Estate , Hurl Park , Hurlingham , Hurlingham Gardens , Hyde Park , Illovo , Inanda , Johannesburg North , Jukskei Park , Kelvin , Kelvin View , Kensington B - JHB , Kentview , Kew , Khyber Rock , Killarney , Kleve Hill Park , Linksfield , Linksfield North , Linksfield Ridge , Littlefillan A.H. , Lombardy East , Lombardy West , Lone Hill , Lyme Park , Lyndhurst , Magaliessig , Marlboro Gardens , Marlboro South , Maryvale , Melrose , Melrose Estate , Melrose North , Mill Hill , Moodie Hill , Morningside , Morningside Manor , Mountain View - JHB , New Brighton , Norscot , Norwood , Oaklands - JHB , Oerder Park , Orange Grove , Orchards , Osummit , Parkmore , Parkwood , Paulshof , Percelia Estate , Petervale , Raedene , Randburg , Raumaraispark , Riepen Park , River Club , Rivonia , Rosebank - JHB , Rouxville - JHB , Sandhurst , Sandown , Sandringham , Sandton , Savoy Estate , Saxonwold , Silvamonte , Simba , Solridge , Sonneglans , Strathavon , Sunningdale - JHB , Sunningdale Ridge , Sunninghill , Sunnyridge , Sunset Acres , Sydenham - JHB , Talboton , The Gardens , The Woodlands (JHB) , Upper Houghton , Vandia Grove , Victoria , Waverley - JHB , Wendywood , Whitney Gardens , Wierda Valley , Willowild , Winston Ridge , Witkoppen , Woodmead , Wynberg - JHB


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