2-bedroom apartment - FerndalePine Avenue, Ferndale, Randburg

R 950 000
Est Seller Savings  R 49 225*
Property Type: Flat / Apartment
Land Size: 4022 m2
Floor Size: 88 m2
Est Monthly Levy: R 1 757
Est Monthly Rates & Taxes: R 573


  • 2 Parking Spaces
  • Lounge
  • Security System


This sunny 2-bedroom, 2-bathroom apartment is situated on the 2nd floor of The Corners Security Complex, Ferndale. Centrally located merely 1 – 1.5km from the Pick ‘n Pay, Woolies, Spar, Virgin Active, and Brightwater Commons. A 15 to 20-minute drive will take you to Sandton or Rosebank business districts which makes this the ideal investment opportunity.


As you enter the front door you will be greeted by an open kitchen and spacious lounge. The kitchen is modern with granite tops, extractor fan, electrical oven and hob, and plumbing point for a washing machine or dishwasher.


The balcony was enclosed with glass stacker doors and can double as a second lounge / sunroom, or study.


The main bedroom has an en-suite bathroom with shower and the guest bathroom a bathtub. Ample built-in cupboards accompany this apartment.


A secure tenant is in place till 30 April 2020 at a monthly rental of R8000. A gross rental yield of 10.10% is achieved. The complex is very well run by Trafalgar Properties and 24-hour security is in place, along with electric fencing, and remote-controlled access.   


Some additional features:

  • HD DSTV connection available;
  • Fibre internet installed;
  • 2 x secure shaded net parking bays available


Do not miss out on this investment opportunity!