5 Bedroom House in Ferndale

A renovators dream with multiple income streams

INVESTMENT OPPORTUNITY Ferndale, RANDBURG

Unlock the potential of this 1,500m² property in the sought-after area of Ferndale, Randburg. Featuring a main house and 34 additional flats offering rental income potential, this property presents an exciting opportunity for investors, renovators and developers.

The property is in need of significant renovation and is ideal for a buyer with vision who can restore the existing structures, improve the accommodation and maximise rental returns. Alternatively, the generous stand may offer potential for a small-scale development, subject to zoning, municipal approvals and feasibility.

Conveniently located close to Damelin and a variety of shops, schools, public transport and other essential amenities, the property offers a well-positioned opportunity to add value and unlock its full potential.

Bring your vision, roll up your sleeves and turn this fixer-upper into a rewarding investment!