4 Bedroom House in Ferndale

FERNDALE INVESTMENT OPPORTUNITY ON YORK AVENUE

FERNDALE 4015sqm MASSIVE PROPERTY INVESTMENT OPPORTUNITY ON YORK AVENUE

This massive 4,015 sqm property on York Avenue presents an exceptional development or high-yield rental investment opportunity in the high-demand hub of Ferndale, Randburg.

Ideal Erf size for a developer looking to build modern multi-unit cluster complexes or residential townhouses.

Key features

Investment & Development Potential

High-Density Redevelopment: A plot size of 4,015 sqm is ideal for a multi-unit townhouse development or high-density apartment complex, subject to local municipal zoning approvals.

Multi-Income Rental Strategy: You can immediately generate dual rental income streams by letting out the main 4-bedroom house and the private 1-bedroom flatlet while preparing development plans.

Prime Strategic Location: York Avenue offers direct access to the Randburg CBD, primary transport networks, major business parks, and major retail hubs like Cresta Shopping Centre.

Property Layout & Features

Main Residence: 4 Bedrooms, 2 Bathrooms, Kitchen, Lounge, Dining Room, and a dedicated Storeroom.

Flatlet: Separate 1 Bedroom, 1 Bathroom layout complete with its own private Kitchen and Lounge.

Parking & Outbuildings: A secure main garage, a double carport, and extensive extra parking on site to easily accommodate visitors or future tenants.

Ideal for redeveloping the stand into multi-unit housing, or keeping the structures as a multi-family rental investment