The area of FERNDALE is earmarked for rejuvenation with high density housing and is outlined for this location.
Unbelievable opportunity to generate an income while rezoning your land.
Ground Floor Cottage:
Currently the home and the cottages are being rented out.
The breakdown of the rentals are:
-Main house: R19,000
-External cottages: R22,700
-Total Income: R41,700
The property sits on just over 4000m² stand giving the option to subdivide the Erf, sell back land or possibly develop an estate.
Address: 383 Elgin Avenue, Ferndale
Date: Thursday, 15 July 2021
Registration and Viewing opens 1 hour prior to the auction