Apartment for sale
Enjoy convenient Ferndale, Randburg living in a top-floor, low-maintenance apartment with a private balcony and secure 24-hour complex — two bedrooms, one bathroom, tenant in place.
An excellent opportunity to acquire a tenanted, income-producing property in the well-established suburb of Ferndale, Randburg.
This top-floor apartment offers a practical 2-bedroom, 1-bathroom layout across 61m2, designed for efficient, low-maintenance living. The living area is filled with natural light and opens onto a private balcony, enhancing tenant appeal.
Positioned on the top floor, the unit benefits from added privacy and reduced noise—key factors for tenant retention. The apartment is unfurnished, allowing for straightforward rental management and flexibility.
Located within a secure sectional title complex, the property features 24-hour guard presence, intercom access, and a safe, controlled environment and it`s consistently attractive to tenants.
With a tenant already in place, this property provides immediate rental income, making it a convenient, ready-made investment option in a high-demand rental area.
Listed for sale at R620,000
Price reduced by 0.8% to R615,000
How does this home’s price compare with similar properties?
Price comparison based on 16 similar-sized 2-bed homes.
Insight
Priced 19% below the local median - at the lower edge of the typical range in Ferndale.
Compared with 16 similar homes (22 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.
