R 799 900 | 2 bed property for sale in ferndale

1 & 2 BEDROOM APARTMENTS IN A GREAT LOCATION The leafy suburb of Ferndale, in the particularly pretty northern area of Johannesburg, lies close to some of the main business and entertainment areas just outside the Randburg CBD, close to the Cresta Centre, Brightwater Commons, the Monte Casino and The Dome. Thanks to its tree-lined streets and family-friendly atmosphere, Ferndale has an unassuming charm that gives it its own appeal. Ferndale is packed with shops, restaurants and business parks, making this perfect for residents, young and old alike. Should the Gautrain be extended to Randburg, it would possibly mean that investment in Ferndale sectional title would create opportunities in a few years. Getting in early would ensure substantial capital appreciation over the next few years. "Average property prices increased from R1.09 million in 2009 for a home to R2.05 million in 2019" - Property24 "Randburg is listed as one of the 8 'hottest' property investment areas in Gauteng"- Property24 Why invest in 304 On Main: Investment Benefits Gross ROI up to 10.05%, excluding Rental Assist Prices below market value Transfer and bond fees included* Rental income projected from R5 500 to R7 000 (excl Rental Assist) per month Benefit from a 55% deduction through Section 13sex tax rebates Up to 100% bond financing available Tenant vetting and placement assistance through IGrow Rentals Occupation from end-2020 High rental demand area Secure complex - access controlled Ample secure parking Comprehensive End-to-End Rental Management IGrow Rentals - our in-house rental managers Tenant vetting & placement Rental collection In-going & outgoing inspections Maintenance service available Investment Overview 100% bond financing available at all the major banks through IGrow Homeloans Only pay first bond installment on registration after occupation is tendered R10 000 reservation deposit required to secure (refundable should finance not be approved)