13 Sep 2013
Close to all the amenities and main routes, Ferndale is a hidden central gem for family buyers, especially those with extended families, and professionals like psychologists and lawyers looking to utilise extra space for commercial purposes.
Seeff Randburg Managing Director, Tony Ketcher, says most homes in Ferndale are on big stands with park-like gardens and many come with separate cottages that can easily be converted into office space for those looking to consult from the comfort of their home or into granny flats for extended family or an extra rental income.
He says the convenient location of Ferndale and its easy access to highways makes it an ideal residential or business address. He says new owners in the suburb are constantly renovating their properties, which drives values upwards. This, the great rental demand and incredible ground value in the area means a safe investment, he says.
Elaine Coetzee, Seeff Randburg agent, says property in Ferndale, which has large green belt areas, ranges in price from R1.5 million to R4.5 million and has between three to six bedrooms each.
She says these big stands create a wonderful indoor-outdoor flow and the tranquil ambience of a suburb set amid quiet tree-lined streets enables residents to enjoy a lifestyle that resembles country living in the city at affordable prices.
Ketcher says the area is exceptionally popular with both private and corporate buyers and property tends to move quickly. “Ferndale is not only conveniently situated for access to business areas within the greater Randburg and Sandton areas, but also in close proximity to a diverse range of facilities, sporting clubs and gyms, shopping centres and entertainment options, good schools and medical facilities.”
In 2012, the Seeff team in Ferndale sold residential property to the value of R37 million (gross), which represented 25 percent of all residential sales in Ferndale. From January 2013 to date, they achieved residential sales to the value of R26 million.
At the moment, three lovely houses with stands over 1 500 square metres are available in Ferndale. The first property is a Cape farm style home with a thatched roof and has three bedrooms and three bathrooms in the main house. There are also two separate cottages that can be utilised in various ways and are ideal for extended family or as a lucrative income producer.
The second home is a Cape Vernacular architecture character home, which can be utilised as a guesthouse or an office suite. The upstairs section has a master suite plus four additional north facing double bedrooms and individual entrances from the upper balcony to the bedrooms.
The last property that offers 4 015 square metres is set in a cul de sac and could be the owner’s own country estate. This glamorous home is designed for an easy lifestyle of living and entertaining and has four bedrooms, three bathrooms plus a large income producing cottage.
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