8 Bedroom House For Sale in Randburg

Property description

8 Bed Multi-Income Generating Gem with Unrivaled Potential in Ferndale!**

A rare and strategically significant opportunity has arrived in the heart of Ferndale! This expansive property is a true "giveaway" for the astute investor, offering immediate value and immense potential for enhanced income. Priced to go and from truly serious sellers, this magnificent home, while requiring **some tender loving care (TLC)**, offers an incredible chance to unlock significant returns.

This property is a versatile canvas primed for multi-unit rental income, offering exceptional flexibility:

**Unleash Multi-Income Potential:**
* **Expansive Main House:** Currently featuring 5 bedrooms if study is converted into another bedroom within the main house, significantly increasing its rental value or living capacity and 4 bathrooms (including a convenient guest bathroom).

***Immediate Bachelor Conversions:**
* The dedicated laundry room is also ideal for conversion into **another private bachelor apartment** (potential 6th bedroom).
* The area currently used as a gym provides yet **another flexible space** ready for conversion into an additional bachelor unit (potential 7th bedroom).

***Existing Self-Contained Cottage:** A full, self-sustained one-bedroom cottage is already attached to the main house, offering an immediate income stream or ideal multi-generational living space (potential 8th bedroom).

***Total Potential:** This configuration offers the potential for **up to 8 income-generating units/bedrooms**, allowing you to maximize your rental yield.

**Exceptional Infrastructure & Features for Maximized ROI:**

***Borehole with Filtered Water:** A valuable asset providing independent and cost-effective water supply – a significant draw for tenants and a major utility saving.

***Enhanced Security:** Benefit from an integrated **camera system** and **electric fence**, providing peace of mind for you and your tenants.

***Ample Garaging & Parking:** Beyond the existing 5 roll-up garages (perfect for secure 9 cars ,

Discover additional **paved parking/workshop area at the back with space for up to 9 cars!** This is invaluable for multiple tenants or a commercial company or workshop venture.

***Large, Pet & Child-Friendly Garden:** Adds appeal for families and tenants seeking outdoor space.
* **Practical Layout:** The main house features a spacious open-plan kitchen with an electric oven and stove plus gas stove ample cupboard space, and a separate washing area, leading into expansive dining and lounge areas (one opening to a balcony with a built-in braai).

This property is strategically located in a peaceful neighborhood in Ferndale, with easy access to major malls, hospitals, and transport routes, ensuring tenant demand.

**This is a genuine "giveaway property" due to its incredible space and the opportunity for investors to add immediate equity through renovations.** It's truly a property you have to see to believe to grasp its full income-generating beauty!

**Contact us today to arrange a viewing and unlock the immense potential of this Ferndale gem!*