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Invest in vibrant Ferndale living with immediate rental income and flexible multi-let layout — double-storey on generous stand with three wendy houses; twelve bedrooms across five units, two garages.
12 Bedroom Multi-Let Property for Sale in Ferndale, Randburg
Price to Go! Calling all serious buyers and investors!
This exceptional 12-bedroom, 6-bathroom property (divided into 5 separate units) presents a rare investment opportunity in the heart of Ferndale. Currently operating as a fully functional multi-let rental property, it already generates R35,000+ in monthly rental income, offering immediate cash flow for the new owner.
The property sits on a generous stand with a double-storey layout, providing excellent potential for future expansion or upgrades. With some customization, the property could easily be converted into a boutique B&B, guesthouse, or hospitality business, or even a large family compound where multiple households can live comfortably within the same property.
Additional features include three Wendy houses, offering extra storage or potential additional rental options.
Located in the well-positioned suburb of Ferndale in Randburg, the property enjoys close proximity to business hubs, shopping centres, transport routes, and essential amenities — making it highly attractive for tenants and short-term accommodation.
This is a high-yield investment opportunity with strong growth potential.
Book an appointment now to view and secure this opportunity!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,799,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 15 listings in Ferndale
Insight
Priced close to the median for similar properties.
Similar properties pricing
Market depth
15 similar listings
Medium similar-home inventory in Ferndale
Median time on market: 120 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.
