R 629 900 | 1 bed property for sale in ferndale

Located in the heart of Ferndale, Randburg, The Base offers a premium selection of ready-built one-bedroom apartments, perfect for both long-term rentals and Airbnb investments. • Prime Location: Situated centrally in Ferndale, these apartments are in high demand with excellent rental yield potential. • Modern Living: Each unit is a 32-square-meter, one-bedroom apartment, with select units featuring balconies that extend to 36 square meters. The apartments come with modern finishes and the option to include a R30,000 furniture package, allowing you to start renting out immediately. • Energy Efficient: Equipped with gas hobs and prepaid water and electricity for convenient control and cost savings. • Top-Notch Amenities: The development features secure basement parking on two levels, two elevators, and 24/7 security with biometric access, ensuring a safe and convenient living environment. Residents also have access to a swimming pool and braai facilities, perfect for relaxation and social gatherings. • Flexible Rental Options: The body corporate permits both short-term and long-term rentals, making it an ideal choice for Airbnb hosts. Current owners have seen impressive occupancy rates exceeding 23 days a month, with rental incomes of approximately R12,000 monthly. • Affordable Investment: Priced at R629,000 with no transfer costs, this is a fantastic opportunity to build your property portfolio and generate a steady income stream. Don’t miss out on securing one of these limited-availability units. Contact us today to learn more and take the first step toward a profitable investment at The Base! Viewing by appointment.