Apartment for sale
Effortless investment living in a sought-after, secure complex with immediate rental income, open-plan kitchen and large private balcony — one-bedroom, one-bathroom apartment with covered parking.
An exceptional, low-risk investment opportunity awaits the savvy property buyer. This one-bedroom apartment, situated on the desirable 3rd floor, is currently occupied by a tenant providing a secured, very good rental income from day one. Perfect for growing your portfolio, this unit offers immediate returns and low maintenance. The modern apartment features a spacious open-plan kitchen and living area, a single bathroom, and is enhanced by a large, private balcony. Convenience and security are assured with dedicated open parking and 24-hour security controlled by a guard house. Secure this seamless investment in a highly sought-after complex today.
Listed for sale at R530,000
How does this home’s price compare with similar properties?
Price comparison based on 12 similar-sized 1-bed homes.
Insight
Priced 5% below the local median - at the lower edge of the typical range in Ferndale.
Compared with 12 similar homes (18 listings) in Ferndale.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Ferndale is a centrally located, leafy suburb in Randburg that offers a blend of established residential properties, convenient access to major business hubs, and a variety of local amenities perfect for families and professionals.
