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372 West Avenue, Ferndale, Randburg, Gauteng
R 2 900 000
This special 4,015 m2 stand presents an exceptional opportunity for your next residential development project in the highly sought-after Ferndale area. Currently, the property is home to reliable tenants, but the most promising potential lies in its residential development capabilities. The stand is equipped with a borehole, three-phase electricity connection, and an established sewerage system, making it a convenient choice for developers. Its prime location enhances its appeal as a desirable residential area, with Malibongwe Drive providing easy access to the North Riding and Cresta areas, as well as the nearby Ferndale on Republic Shopping Center. I am particularly enthusiastic about the development potential of this property. So, developers, don't hesitate! Contact me today for an exclusive viewing and to discuss and negotiate before this opportunity is gone!
Estimated monthly repayment
R 27 386
on a R 2 610 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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372 West Avenue, Ferndale, Randburg, Gauteng
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 19% below comparable 8-bed houses for sale in Ferndale
Based on 9 comparable listings
A market signal from comparable listings — not a formal valuation.