Effortless, income-producing living in Ferndale, Randburg — top-floor privacy with a sunny private balcony. Two-bedroom, one-bath apartment with 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.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R620,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 57 listings in Ferndale
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Key differences
Market depth
57 similar listings
High similar-home inventory in Ferndale
Median time on market: 136 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Ferndale is a centrally located, established suburb in Randburg that offers a blend of affordable residential properties, convenient access to major business hubs, and a variety of local amenities perfect for young professionals and families.
* Distances and amenities are approximate.