4 Bedroom Apartment For Sale in Florida

Unlock the potential of this exceptional property in Florida, ideally located near Florida Lake. This offering includes a 1500m² plot with an existing building comprising four sectional title units, each measuring 81m², as well as four garages and external ablutions.

Property Highlights
Units: Two units are situated on the ground floor, with the remaining two on the first floor.
Development Potential: Approximately 900m² of open space is available for further development, with the existing structures positioned to one side of the property.
Garages: The four garages can be converted into additional rooms with shared ablutions, offering rental potential of R1800–R2000 per room per month.
Income Potential
Projected Gross Income: The four flats combined with converted garage rentals could generate up to R28,000 per month.
Additional Development: Utilize the vacant space to add more flats or residential containers, maximizing the property’s rental income.
Strategic Location
Situated in the sought-after residential area of Florida, this property benefits from its high-density zoning and proximity to amenities, making it an ideal investment for developers and investors alike.

Key Benefits
Low-cost land utilization for future expansions.
High rental demand in a prime location.
Versatile layout with ample room for creative development.
Don't miss this rare opportunity to secure a high-yield investment with immense growth potential. Contact us today for more detailed information and to schedule a viewing.