Ferndale, Randburg
Ferndale | Randburg
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Ferndale | Randburg
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
- 2km to Malibongwe Drive
- 3km to Braam Fischer / Main Rd
- 9km to Gautrain Station (Sandton)
- 4km to Bryandale Primary
- 2km to Ferndale High School
- 5.2km to Damelin
- 1km to Bryanston Park
- 1.3km to Ferndale Village
- 1.3km to Crazy Kidz Farmyard
- 3km to McDonald’s / KFC
- 4km to Ferndale on Republic
- 3km to Sandton Medi-Clinic
- 4.6km to Bryanston Country Club
- 4.1km to Netcare Olivedale Hospital
Exceptionally Situated in a
High Rental Demand Area
Close to everything you need for work and home life in Ferndale, Randburg, on the border of Bryanston. Walking distance to main transport routes and surrounded by all amenities, including Ferndale Village Shopping Centre.
Development
key 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
features
Apartments
- 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
Investment benefits
- Already tenanted - earn immediate income on registration
- Projected rental income projected up to R8,400 per month*
- Rental Assist of R64,800
- Gross yields up to 14,05%*
- Monthly contribution from -R1,100*
- 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 R66,000*
- Building insurance & outdoor maintenance covered by levy
- Up to 100% bond financing available
- Zero deposit required
Unit plans
Typical 2 BED | 1 BATH
Priced from R995,000
Unit size (Incl. balcony):
47.7m²Projected monthly rental income up to:
R8,400Projected monthly bond repayment (30yr @ 10.50%):
R9,102Est. monthly levy (Excl. effluent charge):
R1,841Est. monthly property rates:
R969Est. monthly contribution from:
-R1,100Rental Assist exclusive to IGrow investors:
R64,800**
Utilities recovered from tenant (WIFI & effluent charge): R1,002
Gallery
Documents
IGrow makes no warranties, whether expressed or implied, regarding contents, accuracy, financial projections and/or assumptions, nor availability. The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty, or claim resulting from the use of the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party concerning any act or omission by the User in relation to the information and the use thereof by the User. Attorney and bond fees for transfer paid by Seller only where appointed attorney attends transfer. This may exclude buyers using bank facilities. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable.
*Depending on unit chosen
**Rental assist only applicable where buyer signs a rental mandate with IGrow Rentals for the duration of the rental assist offering.
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