Ferndale, Randburg
Ferndale | Randburg
Feels like financial freedom
IGrow discount of up to R181,400!
ON SHOW This SATURDAY - 10am to 1pm
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
Investment benefits
Investors get an Incredible Discount of up to R181,400* How?
- Rental Assist discount of up to R64,800*
- Rental management discount:* FREE for 4 years (save up to R51,850)
- Transfer & bond fees: 100% discount (you save up to R64,750*)
- Already tenanted - earn income on registration
- Projected rental income projected up to R8,400 per month*
- Gross yields up to 14,05%*
- Monthly Contribution from -R914*
- Prime location with high demand from tenants
- Building insurance & outdoor maintenance covered by levy
- Up to 100% bond financing available
- Zero deposit required
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
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 @ 10.25%):
R8,916Est. monthly levy (Excl. effluent charge):
R1,841Est. monthly property rates:
R969Est. monthly contribution from:
-R914Rental Assist exclusive to IGrow investors:
R64,800**
Utilities recovered from tenant (WIFI & effluent charge): R1,002
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.
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