SOLE MANDATE
Web Ref RL18735
POA
Monthly Bond Repayment R0.01
Calculated over 20 years at 11.0% with no deposit.
Change Assumptions
Prime Development & Investment Opportunity – Florida
Exceptional Investment Opportunity in Florida
Positioned near the ever-popular Florida Lake, this 1500m² property presents a rare chance to unlock serious rental income and long-term development potential. Whether you're a seasoned investor or a savvy developer, this site delivers flexibility, location, and room to grow.
Property Overview
Sectional Title Units:
Four spacious units (81m² each)
Two ground-floor and two first-floor units
Solid rental layout with good natural flow
Garages & Additional Space:
Four existing garages, ideal for conversion into rental rooms with shared ablutions
Potential to earn R1,800–R2,000 per room per month
Development Potential:
Approx. 900m² of open land available for expansion
Existing buildings are well-positioned to one side, allowing easy additions
Zoned for high-density use—perfect for additional flats or residential containers
Income Potential
Projected Gross Income:
Current units + garage conversions could generate up to R28,000 per month
Further development could significantly increase rental returns
Why Invest Here?
Strategic location in a high-demand residential area
Affordable land use with strong upside for capital growth
Flexible layout with room for creative development
Close to amenities, schools, and public transport routes
Whether you're looking to generate passive income or build a multi-unit rental portfolio, this property offers unmatched potential in a fast-growing area.
Opportunities like this don’t come often. Let’s talk strategy—schedule your viewing today.
Positioned near the ever-popular Florida Lake, this 1500m² property presents a rare chance to unlock serious rental income and long-term development potential. Whether you're a seasoned investor or a savvy developer, this site delivers flexibility, location, and room to grow.
Property Overview
Sectional Title Units:
Four spacious units (81m² each)
Two ground-floor and two first-floor units
Solid rental layout with good natural flow
Garages & Additional Space:
Four existing garages, ideal for conversion into rental rooms with shared ablutions
Potential to earn R1,800–R2,000 per room per month
Development Potential:
Approx. 900m² of open land available for expansion
Existing buildings are well-positioned to one side, allowing easy additions
Zoned for high-density use—perfect for additional flats or residential containers
Income Potential
Projected Gross Income:
Current units + garage conversions could generate up to R28,000 per month
Further development could significantly increase rental returns
Why Invest Here?
Strategic location in a high-demand residential area
Affordable land use with strong upside for capital growth
Flexible layout with room for creative development
Close to amenities, schools, and public transport routes
Whether you're looking to generate passive income or build a multi-unit rental portfolio, this property offers unmatched potential in a fast-growing area.
Opportunities like this don’t come often. Let’s talk strategy—schedule your viewing today.
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
2
Reception Rooms
2
Furnished
No
Exterior
Garages
2
Security
Yes
Pool
No
Sizes
Land Size
1,500m²
