R20,000,000

Executive Summary: A well-positioned residential investment property situated in the established suburb of Ferndale, Randburg. The development comprises 36 sectional-title style residential units, offering investors a stable income-producing asset within one of Johannesburg`s most sought-after rental markets. The property benefits from strong tenant appeal due to its spacious unit sizes, secure environment, convenient location, and inclusion of key utilities within the rental structure. Based on prevailing market listings, a 70 m² apartment in Ferndale is currently being offered at an average asking price of approximately R700,000.00. ________________________________________ Property Overview: Description Details Number of Units 36 Residential Units Parking Provision 2 Bays per Unit Management Agency Self-Managed Lease Status Contracts Up to Date ________________________________________ Unit Configuration: The development consists of 36 spacious two-bedroom apartments designed for long-term residential occupation. 100% occupied. Type A Units • Units 1 – 18 • Size: 76.4 m² • Configuration: o 2 Bedrooms o 1 Bathroom o Kitchen o Open-plan Lounge Type B Units • Units 19 – 36 • Size: 79.9 m² • Configuration: o 2 Bedrooms o 1 Bathroom o Kitchen o Open-plan Lounge ________________________________________ Rental Profile: The property enjoys a straightforward rental structure that provides predictability for both landlord and tenants. Base Rental R7,331 Security Charge R600 Total Monthly Charge R7 931.00 AVG. monthly income R295 674.00 Approx monthly EBITDA R94 085.00 Utilities: • Electricity: Prepaid (tenant funded) • Water: Included in rental • Parking: Included in rental ________________________________________ Parking Facilities: Each residential unit is allocated: • One dedicated private parking bay • One additional visitor parking bay The parking allocation is included within the monthly rental charge, enhancing tenant convenience and occupancy attractiveness. ________________________________________ Investment Highlights: Established Residential Location Ferndale remains one of Randburg`s most desirable residential suburbs, benefiting from proximity to: • Randburg CBD • Sandton Business District • Bryanston • Cresta Shopping Centre • Major transport routes Strong Rental Demand The combination of spacious apartments, secure accommodation, and affordability supports sustained tenant demand. Efficient Utility Recovery • Prepaid electricity minimises landlord exposure. • Water costs incorporated into rental structure. • No external management agency costs currently incurred. Secure Income Stream • Existing lease agreements are reported to be current. • Established tenant base. • Proven residential use. Attractive Unit Sizes The average apartment size significantly exceeds many modern apartment developments, providing a competitive advantage within the rental market. ________________________________________ Acquisition Opportunity Acorn Village presents an opportunity to acquire a fully operational residential investment asset within the Randburg rental market. The property`s established income stream, practical unit mix, generous apartment sizes, and strategic location make it suitable for all investor types. ________________________________________ Contact Information Further information, financial documentation, and site inspections are available to qualified purchasers upon signature of NDA.