R3,550,000
R3,550,000
Monthly Bond Repayment R38,471.60
Calculated over 20 years at 11.75% with no deposit.
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Monthly Rates
R1,532
R1,532
Exclusive Value for Money/Excellent Investment - 5 Spacious Cottages - Total Rental Income R42 052
We are excited to present this once-in-a-lifetime opportunity to own a stunning property situated on a 3781sqm stand in the prime location of Ferndale.
5 Spacious cottages and so much more... ideal for AirBnB.
Cottage 1: Heron - Rental: R9 063 p/m
* Open-plan lounge/dining room
* Kitchen and scullery with space for 2 appliances
* 2 Bedrooms
* Full bathroom
* Guest loo
* Covered patio
* Courtyard
* Open storeroom
* Lapa/braai area
* Alarm
* Prepaid electricity and water meter
Cottage 2: Kingfisher - recent Rental was R7 600 p/m
* Open-plan lounge/dining room
* Spacious open-plan kitchen
* Spacious, well-sized bedroom
* Full bathroom
* Covered patio
* Prepaid electricity and water meter
Cottage 3: Sunbird - Rental: R3 500 p/m
* Lounge
* Kitchen
* Bedroom
* Bathroom
* Open patio
* Water and electricity meter
Cottage 4: Robins Nest - Rental: R7 420 p/m
* Open-plan lounge/dining room
* Open-plan eat-in kitchen
* Well-sized bedroom
* Full bathroom
* Covered patio
* Alarm
* Prepaid electricity and water meter
* Carport
Cottage 5: Eagles Nest - Rental: R14 469 p/m
* Open-plan lounge/dining room with door out
* Sun room
* Spacious kitchen with laundry
* 3 Well-sized bedrooms
* 2 Full bathrooms
* Spacious open patio with braai area
* Double carport
* Alarm
Extras:
* 2 Entrances
* 2 Lock-up garages
* Staff accommodation plus shower
* Storeroom and toilet
* Spacious office OR one-bedroom cottage called the sun room
Excellent investment
Total Rental Income: R42 052
Don't miss out on this fantastic opportunity.
Contact me today for a viewing and experience the magic for yourself
Features
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
6.5
Kitchens
5
Reception Rooms
9
Studies
1
Exterior
Garages
2
Carports / Parkings
3
Security
Yes
Flatlet
5
Domestic Accommodation
1
Sizes
Land Size
3,781m²
Ferndale, Randburg
Ferndale is a well-established, family-friendly area situated within beautiful surroundings. The lush and leafy suburb is located in the Randburg area of the Gauteng province in South Africa. There are various property types available within the suburb including apartments, townhouses and freestanding homes, making it an ideal place to live for anyone of all ages.
A brief history of the area
The area...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Beyond your expectation