2 Bedroom Apartment For Sale in Ferndale
R995,000
Monthly Bond Repayment R10,101.53
Calculated over 20 years at 10.75% with no deposit.
Web Ref No RL2536
Investor’s Dream - Modern 2-Bed, 1-Bath Units in Popular Fern Valley
This estate is designed in a fresh, minimalist style by the renowned Messaris Wapenaar Cole Architects. It offers apartments that are spacious and light, with sufficient room for both washing and dishwashing machines in the kitchens and uncapped wifi included. Bedrooms are big enough for queen-sized beds and all units feature open plan flow from kitchen and living areas through to balconies or ground floor gardens.
This development is perfectly positioned in the popular suburb of Ferndale, Randburg, on the border of Bryanston. The apartments are conveniently walking distance from shops and restaurants and only 2 min from major transport routes. There is one parking bay per unit, visitor’s parking, and 24-hour manned security for peace of mind.
Priced from R995,000
- Sunny and spacious 2 Bed, 1 Bath Apartments
- Already tenanted - earn immediate income on registration
- Prime location with high demand from tenants
INVESTMENT BENEFITS:
- Already tenanted - earn immediate income on registration
- Projected rental income projected up to R8,670 per month*
- Rental Assist of R35,700
- Gross yields up to 13.48%*
- Monthly contribution from -R2,165*
- Rental management special: 50% off for 4 years
- Prime location with high demand from tenants
- Rental Management by IGrow Rentals
- Transfer & bond fees included, saving you up to R64,000*
- Building insurance & outdoor maintenance covered by levy
- Up to 100% bond financing available
- Zero deposit required
APARTMENT FEATURES:
- Open-plan living leading out onto a balcony / garden
- Spacious, light bedrooms that fit queen-sized beds
- Well-designed with lots of cupboard space.
- Bath / Shower Combo with glass door
- Both dishwasher & washing machine spaces
- Hot and cold water meters
- Prepaid electricity meters
- Stylishly tiled throughout
DEVELOPMENT HIGHLIGHTS:
- Uncapped WiFi
- Inverter Backup Power for 4 devices per unit
- 24hr manned Security
- Controlled entrance/exit
- All bathrooms are fitted with a bath / shower combo with a glass door
- One parking bay per unit
- Ample visitors’ parking
- Balconies for all upstairs units
- Private use, walled gardens for ground floor units