R 7 000 000
| Commercial Property for Sale in Ferndale
22
Apartment Block For Sale in Ferndale, Randburg
Income-Generating Mixed-Use Block with 22 Bachelor Units & Licensed Restaurant For Sale – R7 000 000 (Negotiable)
An exceptional high-yield investment opportunity in Ferndale, Randburg. This standalone block comprises 22 fully self-contained bachelor units, each featuring a private shower and bathroom, with select units offering private balconies.
The property operates on a dual rental income model, with units leased on:
·Daily rates (short-term accommodation income)
·Monthly rentals to students (stable recurring income)
This diversified rental strategy enhances cash flow and reduces vacancy risk.
Property Features:
·22 Self-contained bachelor units
·Exclusive shower and bathroom in each unit
·Select units with private balconies
·Mix of daily and monthly rental income streams
·Ground-floor restaurant/bar with liquor license
·Ample outdoor parking
·Generous outdoor space ideal for additional seating or events
·Standalone block (full ownership control)
·Asking Price: R7 000 000 (Negotiable)
The ground-floor restaurant and bar with liquor licence adds an additional commercial revenue stream, making this a rare mixed-use investment opportunity.
Located in a high-demand rental area of Randburg, this property is well-positioned to attract students and short-term tenants, ensuring consistent occupancy and strong cash flow potential.
This is an ideal acquisition for investors seeking:
·Multi-income streams
·Student accommodation exposure
·Short-term rental revenue
·Long-term capital growth
Serious buyers may request further financial details and arrange a private viewing.
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Contact AgentWeb Ref P1526446
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