305 Pine in Ferndale - new property development for sale in Ferndale, Randburg | newdevelopments.co.za
From R 849 000  |  Ferndale, Randburg
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From R 849 000  |  Ferndale, RandburgVideo
From R 849 000  |  Ferndale, Randburg
 
305 Pine
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Investment Opportunity - Apartments for sale in Ferndale

This estate was created with today’s tenants and investors in mind! It’s high spec, in high demand, and offers high yields.

Your tenants already love the lifestyle: morning coffee on the balcony or in their own private garden, with a short walk to the Gautrain bus station. Afternoons in the co-working space, evenings in the gym, with family in the children’s play area, or gathering around the braai. You’ll love the property investment fundamentals: high occupancy in a location where demand consistently outpaces supply.

These spacious, modern apartments come with uncapped Wifi. Solar panels and economical water heating keep living costs manageable, while on-site management handles the day-to-day.

1 Bedroom, 1 Bathroom Apartments
2 Bedroom, 1 Bathroom Apartments

BENEFITS FOR INVESTORS - With exclusive IGrow discounts of up to R 189,061

- IGrow Bonus (rental assist) up to R49,200*
- Bond and Transfer fees included (saving you up to R74,950*)
- Up to 5 years of Rental Management discounts (save up to R64,911*)

- Additional Benefits -

- Rental income up to R9,150 / month*
- ROI up to 12.94%*
- Monthly contribution as low as -R1,531 / month*
- Already tenanted - earn income on registration
- Up to 100% bond financing arranged for you
- Zero deposit required

DEVELOPMENT KEY HIGHLIGHTS

- Gym
- Co-working space
- Braai facilities
- Club house
- Children’s play area with jungle gyms
- Uncapped Wifi
- 24/7 security CCTV monitored
- Solar water heating system - Low utilities

APARTMENT FEATURES AND PERKS

- Large, modern units
- Tiled throughout
- High-quality fittings throughout
- Beautifully fitted kitchens with built-in oven, hob and extractor fan
- Subway tile backsplashes
- Aluminium window frames
- Stylish, full bathrooms with combo bath-shower in 2-bed units
- Prepaid meters for water and electricity
- 1 Parking bay / unit
- Wet point for dishwasher/ washing machine

Units

1 Bedroom, 1 Bathroom 1st, 2nd & 3rd Floor Units
R 849 000
1 1
Property Type Apartment
Levy R 1 054
Rates R 650
Total Floor Size 43 m²
1 Bedroom, 1 Bathroom Ground Floor Unit
R 899 000
1 1
Property Type Apartment
Levy R 1 054
Rates R 650
Total Floor Size 43 m²
2 Bedroom, 1 Bathroom - 1st, 2nd & 3rd Floor Units
R 1 099 000
2 1
Property Type Apartment
Levy R 1 674
Rates R 750
Total Floor Size 62 m²
2 Bedroom, 1 Bathroom Ground Floor Unit
R 1 199 000
2 1
Property Type Apartment
Levy R 1 674
Rates R 750
Total Floor Size 62 m²
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Investments IGrow
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Estimated Monthly Repayments

R per month
Loan Term 20 years Interest Rate 10.5%