1 Bed, 1 Bath Investor Opportunity – Tenanted Apartment for Sale in Surreyside, Ferndale
Surreyside is a well-maintained and highly sought-after complex in the heart of Ferndale. This recently renovated 1-bedroom, 1-bathroom apartment presents an excellent investment opportunity, complete with an excellent tenant already in place, ensuring immediate rental income from transfer. Current rental is R5 700 plus utilities.
Positioned on the 2nd floor, the unit offers a practical and modern layout designed for comfortable living.
Property Features:
1 Bedroom with ample built-in cupboard space
1 Bathroom featuring a basin, bath, and toilet and a shower in the bath
Spacious open-plan living area with abundant natural light
Modern kitchen with granite countertops, space for one under counter appliance, and a tall fridge
2 undercover basement parking bays (tandem)
Pre-paid electricity, with the tenant responsible for electricity, water, and sewerage/effluent in addition to rent
Lift access from basement parking to the apartment for added convenience
24-hour security in a well-managed complex
Investment Highlights:
Property is being sold with an excellent sitting tenant in place
Immediate rental income from day one
Low-maintenance unit in a high-demand rental area
Strong appeal due to location and amenities
Prime Location:
Surreyside is ideally located within walking distance of the Gautrain bus stop and Ferndale on Republic shopping centre, offering access to major retailers including Pick n Pay, Woolworths, Clicks, and Dis-Chem. The complex is also conveniently close to Multichoice, public transport routes, Malibongwe Drive, and Virgin Active Brightwater.
This is a solid, income-generating asset in a popular rental area, well-suited to investors looking to expand or diversify their portfolio.
For further information or to arrange a viewing, please get in touch.
