House for sale at 387 York Avenue
Live and earn in Ferndale with flexible rental income — expansive 4,015m² garden, pool and covered braai; main residence plus 11 rentable flats.
A FABULOUS INVESTMENT TO PURCHASE THIS VALUABLE PROPERTY ON THIS 4015m2 STAND IN FERNADLE. THIS MULTI-BED PROPERTY OFFERS GREAT OPTIONS. AS A FAMILY HOME WITH 3 BEDS, 2 UPSTAIRS AND 1 BED DOWNSTAIRS. THE OPTION OF RENTING THE OTHER 8 FLATS TO COVER THE BOND. OR TAKE OVER THE PROPERTY AS AN ACTIVE BED AND BREAKFAST FACILITY, OPERATING AS (“FERNDALE LODGE ON YORK”). THIS IS IDEAL FOR INVESTORS SEEKING AN OPPORTUNITY TO GENERATE A RETURN ON THEIR INVESTMENT. THE OFFER FOR THIS FABULOUS PROPERTY ON A 4015 m2 STAND IS A 2-BEDROOM WITH BATHROOMS, A LOVELY LOUNGE, 2 DINING ROOMS, A STUDY, AND 2 OTHER ROOMS. THE KITCHEN IS EQUIPPED WITH CUPBOARDS AND NORMAL FITTINGS, A LAUNDRY. AND OFFERS 11 FLATS WITH BATHROOMS. AND STAFF QUARTERS. THE WELL-MAINTAINED GROUND WITH A LOVELY POOL. THE COVERED BRAAI AREA AND PATIO TO RELAX IN.
SUBDIVISION IS A POSSIBILITY THAT LENDS ITSELF TO THE CONSTRUCTION OF A FEW TOWNHOUSES WITH A SEPARATE ENTRANCE. PROPERTY PACK AVAILABLE.
Listed for sale at R4,499,000
Price reduced by 11.1% to R4,000,000
Wide price range across Randburg
Prices vary widely across Randburg, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Randburg (R2.7M–R5.9M).
Market depth
43 similar homes
44 listings across Randburg
140 days
Median time on market
Many similar homes
Active across Randburg
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, 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.
