House for sale
Create a profitable short-stay business in a prime, well-connected location near main routes and shopping, with expansive communal dining/lounge areas and fifteen en-suite rooms.
This spacious guest house is a hidden gem for the savvy investor or visionary buyer. Although it requires some TLC and renovation, it offers incredible potential to become a profitable income-generating property.
Set on a generous stand in a well-situated area, the property features multiple rooms and ample common spaces, making it ideal for conversion into a modern guest house or short-stay accommodation. With the right upgrades, it could attract both business and leisure travelers, ensuring a strong rental yield.
Highlights:
Fifteen guest rooms all en-suite
Large communal areas ideal for dining or lounge spaces
Secure grounds with parking for several vehicles
Prime location close to main routes, shopping, and amenities
Bring your creativity and unlock the true potential of this fixer-upper. With some investment and vision, this property could become a highly sought-after guest house offering excellent returns.
Potential rental of R57K.
Current leases in place.
Listed for sale at R2,900,000
Compared with 17 active listings in Ferndale.
Insight
Priced 15% below the local median — but still inside the typical range for Ferndale.
Similar properties pricing
Market depth
17 listings
Similar homes in Ferndale
142 days
Median time on market
Medium inventory
Active in Ferndale
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, 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.
