3 Bedroom Apartment / flat for sale in Ferndale

Details

While standard 2-beds in this complex sell up to R630k, this rare 3-bedroom setup (thanks to a massive upstairs loft) offers unbeatable space and value. Situated in the secure, centrally located Victoria Lofts in Ferndale, it’s a win-win for both families and investors. For the Family Buyer: Move Straight In! Versatile Space: 2 bright bedrooms downstairs plus a huge upstairs loft—ideal as a 3rd bedroom, playroom, or home office. Complex Perks: Features a private balcony, a secure lock-up garage, and a sparkling communal pool. Prime Location: Minutes from top schools (Spark, Radley College) and Ferndale on Republic Shopping Centre. For the Savvy Investor: Elite Cash Flow! High Tenant Demand: Minimum rental income starts at R9,500/month. Impressive Numbers: Clear R7,029 net monthly after expenses (Levies: R1,900 | Rates: R571)—delivering an exceptional 12.5% net annual yield. Low Risk: 24/7 guarded security and a strict no-pets policy protect your asset from heavy wear-and-tear. Live in it or cash the checks—at R670k, this versatile property will sell fast. **Please note: The property is currently empty for a quick, hassle-free transfer. Images are AI-staged to show you the unit's true layout and beautiful potential. **Contact us today to book your private viewing!

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