IA0005988099

Listed Feb 08, 2024

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Ferndale · Vacant Land For Sale

Vacant Land For Sale in Ferndale

R 2,798,999
4015 m²

DEVELOPERS/INVESTORS - MULTILETS - 4000m2 STAND TO REZONE!
Offers from R2.4m will be considered.
Rezoning can be done to allow for 40 sectional title units or for 12 to 15 cluster units.
Invest in this multi - let property earn an extra income while rezoning takes place.
3 bedroom home and 6 x 1 bedroom, 1 bathroom cottages.
A rezoning application will be required to increase the residential density and will take approximately 12 months from date of submission to the Local Authority.
The density, F.A.R. and coverage can be proposed in the rezoning application.
Call to arrange your private viewing now!

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Property Information & Features

Property Type: Vacant Land
Listing Type: For Sale
Location: Ferndale, Randburg
Price: R 2,798,999 · Get Pre-Qualified
Price per m²: R 697
Erf Size: 4015 m²

Residential Zoning: Yes

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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing agent.

Price Trends · Ferndale, Randburg beta

Select filters to see average property values

Studio
1 Bed
2 Bed
3 Bed
4 Bed
5 Bed

R488,250 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a studio in Ferndale on ImmoAfrica.net is R 488,250

R12,483 immo · index

The current average sales price per square meter for a studio in Ferndale on ImmoAfrica.net is R 12,483

R811,941 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 2 bedroom property in Ferndale on ImmoAfrica.net is R 811,941

R8,270 immo · index

The current average sales price per square meter for a 2 bedroom property in Ferndale on ImmoAfrica.net is R 8,270

R8,275 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average rental price for a 2 bedroom property in Ferndale on ImmoAfrica.net is R 8,275

R100 immo · index

The current average rental price per square meter for a 2 bedroom property in Ferndale on ImmoAfrica.net is R 100

R543,058 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 1 bedroom property in Ferndale on ImmoAfrica.net is R 543,058

R8,199 immo · index

The current average sales price per square meter for a 1 bedroom property in Ferndale on ImmoAfrica.net is R 8,199

R6,277 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average rental price for a 1 bedroom property in Ferndale on ImmoAfrica.net is R 6,277

R129 immo · index

The current average rental price per square meter for a 1 bedroom property in Ferndale on ImmoAfrica.net is R 129

R1,751,246 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 3 bedroom property in Ferndale on ImmoAfrica.net is R 1,751,246

R7,331 immo · index

The current average sales price per square meter for a 3 bedroom property in Ferndale on ImmoAfrica.net is R 7,331

R9,000 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average rental price for a 3 bedroom property in Ferndale on ImmoAfrica.net is R 9,000

immo · index

Currently, there is not enough data to give you an estimated price. Please check back soon.

R2,675,258 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 4 bedroom property in Ferndale on ImmoAfrica.net is R 2,675,258

R2,640 immo · index

The current average sales price per square meter for a 4 bedroom property in Ferndale on ImmoAfrica.net is R 2,640

R2,435,571 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 5 bedroom property in Ferndale on ImmoAfrica.net is R 2,435,571

R1,167 immo · index

The current average sales price per square meter for a 5 bedroom property in Ferndale on ImmoAfrica.net is R 1,167

immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

Currently, there is not enough data to give you an estimated price. Please check back soon.

immo · index

Currently, there is not enough data to give you an estimated price. Please check back soon.

immo · index

Currently, there is not enough data to give you an estimated price. Please check back soon.

immo · index

Currently, there is not enough data to give you an estimated price. Please check back soon.

Avg Price
Avg Price/m²
Avg Rent
Avg Rent/m²

Cost Price/m²

Bedrooms	Buy	Rent
Studio	R 488,250
1 Bed	R 543,058	R 6,277
2 Bed	R 811,941	R 8,275
3 Bed	R 1,751,246	R 9,000
4 Bed	R 2,675,258
5 Bed	R 2,435,571

Bedrooms	Buy	Rent
Studio	R 12,483
1 Bed	R 8,199	R 129
2 Bed	R 8,270	R 100
3 Bed	R 7,331
4 Bed	R 2,640
5 Bed	R 1,167

Area Rating · Ferndale, Randburg

Overall Area Rating

Good

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These ratings are subjective opinions of ImmoAfrica users and not those of ImmoAfrica.net.

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