Exclusive Development Opportunity – 20 Modern Duplex Units in Prime Ferndale
Exclusive Development Opportunity – 20 Modern Duplex Units in Prime Ferndale
Price: R 12 000 000 | Completed: 8 units | High-Yield Rental & Resale Potential
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
— Project Overview
Address: 408 Long Avenue, Ferndale, Randburg, Gauteng
Erf Size: 4 040.01 m²
Zoning: Residential
Layout: 10 blocks × 2 duplex units = 20 units total
Completed to Date:
4 blocks → 8 units
GFA under roof: 8 × 221.91 m² = 1 775.28 m²
Remaining to Build:
6 blocks → 12 units
GFA under roof: 12 × 221.91 m² = 2 662.92 m²
Total GFA on Completion: 4 438.20 m²
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
— Unit Breakdown (per duplex unit)
Floor-plate (each level): 7.46 m × 9.91 m = 73.97 m²
Ground Floor: Kitchen, dining, lounge, single garage → 73.97 m²
First Floor: 2 bedrooms, study, secondary lounge → 73.97 m²
Second Floor (under roof): Master suite + bathrooms → 73.97 m²
Total Unit GFA: 3 × 73.97 m² = 221.91 m²
Per Block (2 units): 443.82 m²
Full Development (10 blocks): 4 438.20 m²
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
— Location Advantage
5 min to Ferndale on Republic Mall
7 min to Randburg CBD
10 min to Sandton CBD
2 km to Bram Fischer Drive & N1 highway
Walking distance to Gautrain Bus Stop
Top schools nearby: Kings School, Ferndale High, Radley Private School
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
— Rental & Resale Potential
Est. Monthly Rental per Unit: R 12 000–R 17 500
Annual Gross Yield (fully let): R 2 880 000–R 4 200 000
Comparable Sectional-Title Sales in Ferndale: R 1.8 M–R 1.9 M per unit
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
— Why This Development?
Bulk services, access roads & infrastructure in place
8 income-producing units already generating cash flow
Architect-designed duplexes with plans & approvals secured
Low remaining build-to-value ratio on the 12 units left
Growing demand for quality rentals & sectional-title homes
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Discover a modern community of 20 three-storey duplexes in Ferndale—8 units ready to generate income and 12 ready for your development. Situated on a fully serviced 4 040 m² erf just minutes from Sandton, Rosebank, and key transport links, it delivers immediate cashflow and strong resale prospects. Priced at R 12 Million, this turnkey offering balances built-in returns with long-term growth potential.
Tyson’s Takeaway
Smart design, dependable income, and room to grow—your next win starts here!
Price: R 12 000 000 | Completed: 8 units | High-Yield Rental & Resale Potential
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
— Project Overview
Address: 408 Long Avenue, Ferndale, Randburg, Gauteng
Erf Size: 4 040.01 m²
Zoning: Residential
Layout: 10 blocks × 2 duplex units = 20 units total
Completed to Date:
4 blocks → 8 units
GFA under roof: 8 × 221.91 m² = 1 775.28 m²
Remaining to Build:
6 blocks → 12 units
GFA under roof: 12 × 221.91 m² = 2 662.92 m²
Total GFA on Completion: 4 438.20 m²
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
— Unit Breakdown (per duplex unit)
Floor-plate (each level): 7.46 m × 9.91 m = 73.97 m²
Ground Floor: Kitchen, dining, lounge, single garage → 73.97 m²
First Floor: 2 bedrooms, study, secondary lounge → 73.97 m²
Second Floor (under roof): Master suite + bathrooms → 73.97 m²
Total Unit GFA: 3 × 73.97 m² = 221.91 m²
Per Block (2 units): 443.82 m²
Full Development (10 blocks): 4 438.20 m²
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
— Location Advantage
5 min to Ferndale on Republic Mall
7 min to Randburg CBD
10 min to Sandton CBD
2 km to Bram Fischer Drive & N1 highway
Walking distance to Gautrain Bus Stop
Top schools nearby: Kings School, Ferndale High, Radley Private School
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
— Rental & Resale Potential
Est. Monthly Rental per Unit: R 12 000–R 17 500
Annual Gross Yield (fully let): R 2 880 000–R 4 200 000
Comparable Sectional-Title Sales in Ferndale: R 1.8 M–R 1.9 M per unit
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
— Why This Development?
Bulk services, access roads & infrastructure in place
8 income-producing units already generating cash flow
Architect-designed duplexes with plans & approvals secured
Low remaining build-to-value ratio on the 12 units left
Growing demand for quality rentals & sectional-title homes
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Discover a modern community of 20 three-storey duplexes in Ferndale—8 units ready to generate income and 12 ready for your development. Situated on a fully serviced 4 040 m² erf just minutes from Sandton, Rosebank, and key transport links, it delivers immediate cashflow and strong resale prospects. Priced at R 12 Million, this turnkey offering balances built-in returns with long-term growth potential.
Tyson’s Takeaway
Smart design, dependable income, and room to grow—your next win starts here!
Features
Interior
Exterior
Sizes
Listing Info
Ferndale, Randburg
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
