R3,295,000
8
Bedrooms
6.5
Bathrooms
5
Parkings

Monthly Rates
R1,532
Total
R1,532
Here is a profitable Investment Opportunity with much to offer!
331 Vale Avenue
Web Ref.
RLS958039
This exceptional property, set in lush green surroundings, is suitable for a multi-unit rental, an Airbnb or those seeking to combine a home with a steady rental income to pay the bond. This secure haven is situated in the prime location of Ferndale.
The property consists of 5 units, a separate building for storage/office/convert to accommodation and servant’s quarters. Each unit has its own enclosed area and is positioned to offer a pleasant view of the common property.
Cottage 1: Eagles Nest - Rental: R15 000 pm
* Lounge and dining room open onto patio
* Sun room
* Spacious kitchen with laundry
* 3 Well-sized bedrooms
* 2 Full bathrooms
* Spacious open patio with braai area
* Double enclosed lock-up carport
* Alarm
Cottage 2: Heron - Rental: R10 500 pm
* Open-plan lounge/dining room
* Kitchen and scullery with space for 2 appliances
* 2 Bedrooms
* Full bathroom
* Guest loo
* Covered patio
* Courtyard
* Open storeroom
* Lapa/braai area
* Alarm
* Prepaid electricity and water meter
Cottage 3: Robins Nest - Rental: R7 702 pm
* Open-plan lounge/dining room
* Open-plan eat-in kitchen
* Well-sized bedroom
* Dressing room
* Full bathroom
* Covered patio
* Alarm
* Prepaid electricity and water meter
* Carport
Cottage 4: Kingfisher - Rental: R7 750 pm
* Open-plan lounge/dining room
* Spacious open-plan kitchen
* Spacious, well-sized bedroom
* Full bathroom
* Covered patio
* Prepaid electricity and water meter
Cottage 5: Sunbird - Rental: R4 700 pm
* Lounge
* Kitchen
* Bedroom
* Bathroom
* Open patio
* Water and electricity meter
Total Rental Income: R45 652 pm
Extras:
* Parking: 1 double lock-up garage & 2 single lockup garages, plus one semi-enclosed carport and open parking for 7 cars
* 2 Entrances with motorized gates and good lighting
* Zoned Residential 1
Don't miss out on this fantastic opportunity.
Contact me today for a viewing and experience the magic for yourself
The property consists of 5 units, a separate building for storage/office/convert to accommodation and servant’s quarters. Each unit has its own enclosed area and is positioned to offer a pleasant view of the common property.
Cottage 1: Eagles Nest - Rental: R15 000 pm
* Lounge and dining room open onto patio
* Sun room
* Spacious kitchen with laundry
* 3 Well-sized bedrooms
* 2 Full bathrooms
* Spacious open patio with braai area
* Double enclosed lock-up carport
* Alarm
Cottage 2: Heron - Rental: R10 500 pm
* Open-plan lounge/dining room
* Kitchen and scullery with space for 2 appliances
* 2 Bedrooms
* Full bathroom
* Guest loo
* Covered patio
* Courtyard
* Open storeroom
* Lapa/braai area
* Alarm
* Prepaid electricity and water meter
Cottage 3: Robins Nest - Rental: R7 702 pm
* Open-plan lounge/dining room
* Open-plan eat-in kitchen
* Well-sized bedroom
* Dressing room
* Full bathroom
* Covered patio
* Alarm
* Prepaid electricity and water meter
* Carport
Cottage 4: Kingfisher - Rental: R7 750 pm
* Open-plan lounge/dining room
* Spacious open-plan kitchen
* Spacious, well-sized bedroom
* Full bathroom
* Covered patio
* Prepaid electricity and water meter
Cottage 5: Sunbird - Rental: R4 700 pm
* Lounge
* Kitchen
* Bedroom
* Bathroom
* Open patio
* Water and electricity meter
Total Rental Income: R45 652 pm
Extras:
* Parking: 1 double lock-up garage & 2 single lockup garages, plus one semi-enclosed carport and open parking for 7 cars
* 2 Entrances with motorized gates and good lighting
* Zoned Residential 1
Don't miss out on this fantastic opportunity.
Contact me today for a viewing and experience the magic for yourself
Features
Interior
Exterior
Sizes
Ferndale, Randburg
- Street view
Monthly Repayment
R0,00
R0,00
Calculators: