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BUY-TO-LET OPPORTUNITY

FERN VALLEY APARTMENTS

- FERNDALE -

ONLY 6 UNITS LEFT

COMPLETE

Ferndale

Randburg

Priced from

R850 000

RENTAL ASSIST

ACTIVE

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2 Bedroom 1 Bathroom Apartments

BUY-TO-LET INVESTMENT

Fern Valley Apartments

Apartments for Sale. Ferndale. Randburg.

Priced from R850 000

 RENTAL ASSIST - Buy Smart. All Costs On Us!* 

  • Financial breathing room for up to 19-months

  • Rental Assist subsidy paid to purchaser 

  • 100% bond financing option

  • Bond & registration fees included

  • No Transfer Duty

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  • PRIME LOCATION - High Tenant Demand

  • All units currently tenanted

RENTAL ASSIST active!

All costs on us for up to 19-months

Investment benefits

  • Prime location with high demand from tenants

  • RENTAL ASSIST - Buy Smart. All costs on us for up to 16-months*

  • Projected rental income up to R7,700 per month

  • Projected rental income up to R92,400 per annum

  • Section 13sex tax incentives applicable
     

  • Buy direct from developer

  • Transfer & bond registration fees included

  • No transfer duty payable

  • Building insurance & external maintenance covered in levy
     

  • Up to 100% bond financing available

  • Finance your bond directly through Renprop

  • Only pay first bond installment on registration

  • Only R20 000 reservation deposit required (Refundable if financing is not be approved)
     

  • Full rental management available **

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Introducing Fern Valley

Simple, minimalist building design, incorporating clean lines and a modern feel. Designed by renowned architects, Messaris Wapenaar Cole Architects. Open-plan living including your kitchen, dining and living room, leading out onto a balcony or garden, for the ground floor units. Kitchen has space for 2 appliances. Spacious, light bedrooms, that fit queen sized beds, both leading onto the living area. Bathrooms include a bath/shower combo fitted with a glass door. Bedrooms are well-designed with lots of cupboard space.  

 

Uncapped wifi included. One parking bay per unit. Visitors parking. 24hr security with on site guard.

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Perfectly located in Randburg, on the border of Bryanston, on Vale Road. Walking distance to main transport routes and surrounded by all amenities, including Ferndale Village Shopping Centre.

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Unit Plans

2 Bed 1 Bath - Standard Layout

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Selling from:

R 850 000

2 Bedroom 1 Bathroom Apartment

Avg Unit size: 48m2

Top investment criteria:

 RENTAL ASSIST - All costs on us for up to 19-months

- Bond & registration fees included

- No transfer duty

- High tenant demand

- Purchase with tenant in place

- Full rental & tenant management available **

Rental Assist Example

2 BED 1 BATH APARTMENT

Purchase price:

R 850 000

Rental Assist - Active for:

17-Months​

Estimated Bond Repayments:

100% bond over 20 years -

R 8 486.23

Estimated Monthly Costs:

Rates - R 477.24

Refuse - R 356.5

Levy - R 1 841.03

Sewage - R 802.39

Total: R 3 477.16

 RENTAL ASSIST 

Total Estimated Costs:

R 11 961.96

Gross Rental incl. Sewer:

R 8 002.39

Shortfall / Subsidy per month:

R 3 960.00

Buy Smart - All costs on us for 17-months!

Location

Travel

  • ​Malibongwe Drive - 2km

  • Braam Fischer / Main Rd - 3km

  • Gautrain Station (Sandton) - 9km

Education

  • Bryandale Primary - 4km

  • Ferndale High School - 2km

  • Damelin - 5.2km

Shopping & Recreation

  • Ferndale Village - 1.3km

  • Ferndale on Republic - 4km

  • MacDonalds / KFC - 3km

Medical / Emergancy

  • SAPS Randburg - 900m

  • Netcare Olivedale Hospital - 4.1km

  • Sandton Medi-Clinic - 3km

**Full rental management

The Rentals Asset Management Division has a well-developed competency in the residential market that manages rental assets on behalf of private and institutional investors. We offer an end-to-end solution where care is taken in each step of the process.

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  • Sourcing the IDEAL TENANT (with ITC, reference, and affordability insight),

  • MANAGE COLLECTIONS and all communications with tenants,

  • Resolving MAINTENANCE matters, and completing with approval by owner.​

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More Info

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Speak to an investment specialist

HAVE ANY QUESTIONS?

Build a successful property portfolio with our team of experts. Let us send you all the investor downloads via email and have one of our investment specialists call you back.

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We look forward to hearing from you.

*Terms and conditions:

Interest rate is based on current prime interest rate.

All costs are estimated.

All projections are based on current market.

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