4 Bedroom Townhouse in Ferndale

EXCEPTIONAL DEVELOPMENT OPPORTUNITY - FERNDALE, RANDBURG

EXCEPTIONAL DEVELOPMENT OPPORTUNITY - FERNDALE, RANDBURG

RARE INVESTMENT OPPORTUNITY: COMPLETE AN ESTABLISHED LUXURY DEVELOPMENT

Location: 408 Long Avenue, Ferndale, Randburg

Asking Price: From R10,500,000 (Negotiable)

Property Size: 4,015m

Zoning: Residential 3 (Approved for 20 units)

INVESTMENT HIGHLIGHTS

8 LUXURY DUPLEX UNITS ALREADY BUILT - generating immediate income potential

APPROVED FOR 20 UNITS TOTAL - build remaining 12 units to maximize returns

ALL CERTIFICATES andamp APPROVALS IN PLACE - no planning delays

PTY LTD STRUCTURE - shares transfer option available for seamless acquisition

BOREHOLE WITH 2,300L/HOUR OUTPUT - significant cost savings on water

JOJO TANK INSTALLED - water security and storage

EACH COMPLETED UNIT FEATURES:

4 Spacious Bedrooms

2 En-suite Bathrooms

1 Guest Toilet

1 Full Bathroom for remaining bedrooms

Open-plan Lounge, Dining andamp Modern Kitchen

3 Levels: Ground, First andamp Second Floor

Private Balcony on Second Floor with stunning views

High-end finishes throughout

PRIME FERNDALE LOCATION

Ferndale is one of Randburg''s most sought-after suburbs, offering:

Excellent Schools Nearby:

Eadvance (0.67km)

Radley Private School (0.91km)

Fernhill Preparatory School (0.95km)

SPARK Randburg High (1.43km)

Shopping andamp Amenities:

Jonarley Shopping Centre (0.13km)

Frangipani Centre (0.21km)

Motor City Strijdom Park (0.60km)

Transport Links: Easy access to major highways and public transport

FINANCIAL OPPORTUNITY

Current Status: 8 units completed (40% of development finished)

Remaining Potential: 12 additional units to be built

Market Comparison: Recent sales in area averaging R2,175,777

Rental Income: Immediate income from completed units

Capital Growth: Ferndale showing consistent property appreciation

INFRASTRUCTURE ADVANTAGES

Water Independence: 2,300L/hour borehole + JoJo tank

Development-Ready: All municipal approvals secured

Professional Finish: Quality construction standards maintained

Established Services: Electricity, sewerage, and municipal connections

TECHNICAL DETAILS

Erf Number: 142

Zoning: Residential 3 (Height Zone A - up to 3 storeys)

Coverage: 50% permitted

Building Lines: 3m from street boundary

WHY THIS OPPORTUNITY?

This is a rare turnkey development opportunity where:

The hard work of planning, approvals, and initial construction is DONE

You can take over and complete a proven concept

Immediate rental income from existing units funds remaining construction

Located in high-demand Ferndale with strong rental market

Shares transfer option ensures smooth legal transfer

INVESTOR BENEFITS

Immediate Cash Flow from completed units

Scale Completion at your own pace

Proven Location with strong property fundamentals

Water Security reduces operational costs

Corporate Structure for tax efficiency

Don''t miss this exceptional opportunity to step into a partially completed, high-quality development in one of Randburg''s premier locations!

Viewings by appointment only. All information subject to verification.

BAROVILLE TRADE AND INVESTMENTS 10 (PTY) LTD trading as RE/MAX Town and Country (Krugersdorp) operates in terms of a franchise agreement with RE/MAX of Southern Africa.