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10 Bedroom Apartment Block For Sale in Florida

POA

Web Ref No RL17312

Investment Opportunity to own this whole building in Florida close to Florida Lake.

The building comprising 4 sectional title units of 81 m2 each and 4 garages with external ablutions on 1500m2. Two units are ground floor units and two are on the first floor. There is extensive space for expansion as the current top structures are well placed to one side on the property. The 4 garages can be converted into rooms with shares ablutions and rented at between R1800 and R2000 a month - including the 4 flats this would generate a projected gross income of R 28 000 per month for the building. The additional space is substantial to place container accommodation on as an option.

Florida is a very popular high density residential area and the site has the potential for additional bulk

Please contact us for additional and detailed information

Features

Bedrooms 10
Security Yes
Bathrooms 4
Recep. Rooms 4
Dom. Accom. 1
Floor Size 500m²
Garages 4
Land Size 1,500m²
Pets Allowed Yes
Monthly Rates R2,500.00
Monthly Levy R1,400.00
Extras

Totally Walled
Maids Room
Pets Allowed
Private Garden

Agent Contact Details

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