4 Bedroom Apartment For Sale in Florida

Situated near the ever-popular Florida Lake, this 1500m² property is a rare gem for investors and developers alike. Offering excellent rental income potential and scope for future development, it’s the ideal canvas for those looking to grow their portfolio.

Property Highlights

Sectional Title Units:

Four generously sized units, each measuring 81m²

Two units located on the ground floor, with two more above

Well-designed rental-friendly layout with great natural flow

Garages & Additional Space:

Four existing garages—perfectly suited for conversion into rental rooms with shared bathrooms

Potential rental income per room: R1,800–R2,000 monthly

Development Potential:

Approx. 900m² of open land ready for expansion

Current buildings are positioned to one side, allowing for seamless development

Zoned for high-density use—ideal for constructing additional flats or residential containers

Income Potential

Estimated Gross Rental Income:

With current units and garage conversions, the property could generate up to R28,000 per month

Further development could unlock even greater rental yields

Why This Property Makes Sense

Excellent location in a sought-after residential zone

Cost-effective land with significant room for value appreciation

Versatile layout that welcomes creative development ideas

Conveniently close to schools, public transport, and local amenities

Whether you're aiming to build passive income or expand a high-performing rental portfolio, this property offers unmatched potential in a rapidly growing area.

Opportunities like this are rare—let’s chat strategy. Book your viewing today.