32 Bedroom House in Ferndale

Exclusive Development Opportunity 20 Modern Duplex Units in Prime Ferndale

Price: R 12 000 000 | Completed: 8 units | High-Yield Rental & Resale Potential

Project Overview

Address: 408 Long Avenue, Ferndale, Randburg, Gauteng

Erf Size: 4 040.01 m2

Zoning: Residential

Layout: 10 blocks 2 duplex units = 20 units total

Completed to Date:

4 blocks 8 units

GFA under roof: 8 221.91 m2 = 1 775.28 m2

Remaining to Build:

6 blocks 12 units

GFA under roof: 12 221.91 m2 = 2 662.92 m2

Total GFA on Completion: 4 438.20 m2

Unit Breakdown (per duplex unit)

Floor-plate (each level): 7.46 m 9.91 m = 73.97 m2

Ground Floor: Kitchen, dining, lounge, single garage 73.97 m2

First Floor: 2 bedrooms, study, secondary lounge 73.97 m2

Second Floor (under roof): Master suite + bathrooms 73.97 m2

Total Unit GFA: 3 73.97 m2 = 221.91 m2

Per Block (2 units): 443.82 m2

Full Development (10 blocks): 4 438.20 m2

Location Advantage

5 min to Ferndale on Republic Mall

7 min to Randburg CBD

10 min to Sandton CBD

2 km to Bram Fischer Drive & N1 highway

Walking distance to Gautrain Bus Stop

Top schools nearby: Kings School, Ferndale High, Radley Private School

Rental & Resale Potential

Est. Monthly Rental per Unit: R 12 000R 17 500

Annual Gross Yield (fully let): R 2 880 000R 4 200 000

Comparable Sectional-Title Sales in Ferndale: R 1.8 MR 1.9 M per unit

Why This Development?

Bulk services, access roads & infrastructure in place

8 income-producing units already generating cash flow

Architect-designed duplexes with plans & approvals secured

Low remaining build-to-value ratio on the 12 units left

Growing demand for quality rentals & sectional-title homes

Discover a modern community of 20 three-storey duplexes in Ferndale8 units ready to generate income and 12 ready for your development. Situated on a fully serviced 4 040 m2 erf just minutes from Sandton, Rosebank, and key transport links, it delivers immediate cashflow and strong resale prospects. Priced at R 12 Million, this turnkey offering balances built-in returns with long-term growth potential.

Tysons Takeaway

Smart design, dependable income, and room to growyour next win starts here!