5 Bedroom House in Fernwood

Suggested Opening Bid: R800 000

Exclusive Auction Mandate!

Discover an exceptional investment opportunity in the peaceful and sought-after suburb of Fernwood, Newcastle. This property offers two separate homes on one stand, making it ideal for rental investment or extended family living.

The first home features two bedrooms, one bathroom, a fully fitted kitchen, an open-plan living area, and a single garage offering comfort and functionality.

The second home consists of three bedrooms, one bathroom, and a spacious kitchen and living area, providing ample living space for tenants or family members.

With a potential rental income of approximately R11 000 per month, this secure and well-maintained property delivers impressive earning potential and long-term value.

Conveniently located close to schools, shops, and major transport routes, this property combines convenience, income potential, and solid investment value.

Dont miss out on this dual-home opportunity in Fernwood where location, space, and return on investment come together seamlessly. Contact us today to arrange a viewing.

All offers are encouraged. Submit an offer to stop the auction - loan or cash. Easy process to register to bid at auction. Auction via Online Bidding on our Website. Viewings can be arranged.

The Seller has chosen to make use of our nationally proven Non-Distressed Auction Platform For Serious Sellers.

- Full Finance Options Available

- Offers Accepted prior to Auction Day

- All property reports available on request

- The seller has a Non-Disclosed Reserve Price

- Seller to arrange compliance certificates and rates clearance certificate for buyer

Auctioneers fee is payable over and above the purchase price. Subject to confirmation.