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R 999 000 | 2 bed property for sale in ferndale

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Property Description

Spacious 2 bed 2 bath apartments in security development Gross ROI up to 10.25% Transfer and bond fees included* Rental income projected from R8000 to R8500 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 Only 40 units in development Occupation from end-2020 Perfect for owner occupiers or investors alike Low maintenance designs but yet very modern 100% bond financing available at all the major banks through IGrow Homeloans Only pay first bond instalment on registration after occupation is tendered R20 000 reservation deposit required to secure (refundable should finance not be approved) Built-in braai Covered carportsQualify finishes Granite kitchen countertops Prepaid electricity meter Maintenance service available IGrow Rentals - our in-house rental managers Tenant vetting & placement Rental collection Ingoing & outgoing inspections Maintenance service available Property24 has recently listed Randburg as one of the 8 hottest areas to invest in 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. Randburg is well known for being a shopping hub, with a large number of shopping centres scattered throughout the suburbs. These centres include the Northgate mall, Cresta, Ferndale on Republic and Randburg Square. Diggers and Randburg Sports Club offer professional facilities for all major sporting activities for young and old. *photos of similar units by developer used for advertisement


Property Details

Purchase Price R 999 000

Building Size76 m2

Price Per SQMR 13144 m2

Type of PropertyComplex

Monthly Rates350

Monthly Levy1210

Pets AllowedYes

Last Updated02 Oct 2020

Rooms

Kitchen1

Bedrooms2

Bathrooms2

Reception Rooms

Lounges1

Dining Room1

External Features

Patio1

Outdoor LivingMix facebrick and plaster

Carports1

General Features

SecurityYes

RoofingTile

FlooringTiles

Property Location

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