This impressive property in the heart of Ferndale, offers a prime investment opportunity

301 West Avenue
This expansive and impressive property in the heart of Ferndale, Randburg, offers a prime investment opportunity with immediate rental income potential. Comprising a spacious 4 bedroom main house; three well-appointed cottages; a 135m2 double volume garage/store room and domestic quarters. The property is ideal for a multi-generational family or as a rental income generator. The property is set on a large panhandle lot, ensuring privacy, and features ample parking spaces. It is conveniently located within walking distance of major amenities, including "Ferndale on Republic" shopping center, restaurants, Damelin College, gyms, sports grounds, crèches, and schools, with easy access to public transport routes.
This property generates a rental income of over R30k a month.
Main House
This expansive main house is designed for comfortable family living. It boasts four generously sized bedrooms, all with built-in cupboards, and 2.5 bathrooms. The main bedroom is a comfortable retreat, featuring a tidy ensuite bathroom, walk-in cupboards, and air conditioning. Two large lounges and an additional living room, provides ample space for relaxation and entertaining. The well-equipped kitchen with a walk-in pantry and a separate scullery/laundry room, making it highly functional. The home opens onto a large covered patio that overlooks a spacious private garden with a swimming pool. Prepaid electricity, with water billed separately, ensures cost-effective utility management. The main house is pet-friendly, accommodating small to medium-sized pets, and also has ample parking space.
Cottage 1
This charming garden cottage offers a spacious living environment. The unit includes two comfortable bedrooms, with the main bedroom featuring ample cupboard space. The bathroom is functional and well-maintained. The living room is surprisingly spacious. The kitchen, designed for efficiency, leads onto a small patio that opens into a private, enclosed garden—perfect for those who enjoy a bit of outdoor space. This cottage has its own geyser, prepaid electricity, and water billed separately. It is ideal for tenants seeking a peaceful living space, though it does not accommodate pets.
Cottage 2
This delightful double-storey cottage is both spacious and versatile, offering an excellent layout for comfortable living. The ground floor features a large, open-plan kitchen that flows seamlessly into a well-lit living area, ideal for entertaining and relaxing. The full bathroom downstairs adds convenience for guests and residents. Upstairs, the cottage reveals a very large master bedroom with abundant natural light streaming through expansive windows. A second, generously-sized bedroom is also located upstairs, both bedrooms are carpeted and equipped with built-in cupboards. An additional toilet and hand basin are located on the first floor. The unit leads out to a private, enclosed garden, offering a tranquil outdoor space. This cottage is pet-friendly, accommodating up to two small pets, and has prepaid electricity with water billed separately.
Cottage 3
This beautiful one-bedroom double-storey unit is perfect for singles or couples looking for a functional, compact living space. The downstairs area is open-plan, combining a well sized lounge and a well-appointed kitchen. Upstairs, the bedroom is airy and bathed in natural sunlight, creating a serene retreat.   An ensuite bathroom adds privacy and convenience. The unit enjoys its own little private garden, making it ideal for those who appreciate outdoor living. The cottage is pet-friendly and comes with prepaid electricity and separate water billing, ensuring easy management of utility costs.
Garage
A versatile 135m² double-volume space featuring an infinity wall, originally designed as a photographic/film studio and currently generating income as a storage facility. This area offers endless opportunities for revenue generation, including creative, commercial, or functional uses such as parking. Its open layout and unique features make it ideal for a variety of applications, ensuring maximum potential for return on investment.
Domestic Quarters
The property also includes a cozy wooden Wendy house currently used as staff quarters. This unit is situated at the back of the property, providing privacy and a peaceful living space. It has its own entrance and is fully enclosed with a private garden. The unit is plumbed, offering basic amenities for comfortable living.