Property Details

Bond Calculator
Add to Favourites
Click here to email the agent
Click here to SMS the agent
Mail this property to a friend

Summary Info

Selling Price
Est. required monthly payment: R21,565 per month
Assumptions : Change
Loan term : 20 yrs
Deposit : 10% (R240,000)
Interest rate : 10.5
Rental PeriodPM
Ref NoSR188 - 300282926
3rd Party Ref No300282926
ProvinceGauteng
CityRandburg
SuburbFerndale
NotesThis property has UNLIMITED possibilities - as it falls under Randburg CBD, thus special zoning rights.


This property is unique in that it can be used as a combination for business, rental (2 flatlets) and main residence.

It is ideal for a person wanting to incorporate offices and benefit from two rentals on the flats OR ideal for an extended LARGE family!

The property is un-zoned and can be zoned for business rights or urban dwelling (flats/townhouses), or subdivided as the stand is large at 2000 square meters "" the options are vast, depending on what the investor would like to do with the property.

The main house is currently divided into offices and 3 studio flatlets generating a combined income of circa R11,000.

Further description:

The main house flatlets are ‘commune style’ each with its own private entrance, on-suite bathrooms and kitchenettes (two flatlets share one kitchen, the third has its own kitchen). This can all easily be converted back into one main house.

The office consists of a huge entrance hall (the old lounge), 2 separate rooms used as offices, old main house kitchen, bathroom with shower, basin and toilet, sunroom and large entertainers patio.

The main house and swimming pool is in need of TLC

The property boasts ADDITIONAL TWO NEWLY BUILT MODERN APARTMENTS, completely separate from the main house:

The ground floor flat consists of two bedrooms, 1 full bathroom and a second separate guest loo. Spacious open plan kitchen, lounge, dining room and double garage.

Upstairs flat consists of 2 bedrooms, 2 bathrooms (main on suite), spacious open plan lounge, dining room and lounge. Patio and huge play room (which is based above the double garage below).

The property has ample parking space, currently 4 carports and space for much more.

LARGE grounds and a well established garden with large shrubs and Jacaranda trees.

Bedrooms4.00
Bathrooms3.50
Dining RoomYes
Formal LoungeYes
Stand Size2,000.00
PoolYes
Stand Size2,000.00

Times Viewed: 14 (Since listed or for the last 6 months)

Agent Info

AgentBernice Fotiadis
View all my properties

Cell082 727 3290
E-mailBernice Fotiadis

Pictures