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R520,000 | 1 Bedroom Apartment For Sale in Ferndale

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R520,000

Monthly Bond Repayment R5,367.37
Calculated over 20 years at 11.0% with no deposit. Change Assumptions

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Monthly Levy
R1,379.34
Monthly Rates
R318.35

Charming Pied-à-Terre Studio Loft in Ferndale, Randburg

Perfectly nestled in the highly sought-after area of Ferndale, this charming studio loft apartment offers a fantastic opportunity for both first-time buyers and investors alike. The cozy space features an open-plan living area that maximizes its compact footprint, providing the perfect balance of comfort and functionality.

This property comes with the added benefit of an excellent tenant already in place, ensuring a seamless transition for the new owner. The current tenant is reliable, well-established, and has been maintaining the apartment with care. This presents a fantastic opportunity for investors looking for immediate rental income without any vacancy downtime. The rental income is above average, making this a highly attractive investment in the heart of Ferndale. Whether you’re looking to hold or move in at a later stage, the current tenant provides flexibility and stability from day one.

Enjoy a peaceful retreat with stunning views of the crystal-clear complex pool from your private balcony, tucked away in the best part of the complex. Whether you're relaxing or entertaining, the tranquil setting creates an ideal ambiance.

Features

1
1
Pets Allowed
No
Interior
Bedrooms
1
Bathrooms
1
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
No
Parkings
1
Pool
Yes
Sizes
Floor Size
40m²
STREET MAP
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-26.07972729999999, 27.9829156
1
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