R 2 800 000 | 8.0 bed property for sale in ferndale

Set on 2357sqm of land, with 3 optional entrances this property is poised for development, or someone that has the vision to transform this property into an AirBNB. Are you looking for an investment property in Ferndale, that allows rental options? Then this could be for you. Estimated income at current month to month rentals -R30k per month. Or if you are looking for your next development project in Ferndale then this is it. Existing: 5 cottages – all on prepaid electricity – some are bedsitters with open plan kitchen, and some have separate, 1bed and separate living areas. Main house is on prepaid electricity – made up of 3bed 1.5bathroom 3 living / entertainment rooms, pause lounge currently being used as a sewing room. Large kitchen with traditional fittings (melamine tops, eyelevel oven and hob). Very spacious with plenty cupboards) Seller Asking R2.8m Call to book viewings.