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Florida, Florida, Roodepoort, Gauteng
R 4 055 700
This 1,500m2 property in the heart of Florida offers a rare and rewarding opportunity for serious investors or developers. With four existing sectional title units, garage conversion potential, and ±900m2 of developable land, this site is primed to deliver impressive rental returns and long-term growth. What’s Included: ? 4 Sectional Title Units – Each 81m2 (2 ground floor, 2 first floor) – Spacious, tenant-friendly layouts – Strong rental appeal in the area ? 4 Garages with Conversion Potential – Ideal for conversion into rooms with shared facilities – Estimated rental: R1,800–R2,000 per room ? ±900m2 of Open, Developable Land – Zoned for high-density residential – Perfect for building additional flats or container units Income Potential: Generate up to R28,000/month from current units + garage conversions Unlock even more value with future development Why...
Estimated monthly repayment
R 38 299
on a R 3 650 130 bond over 20 years at 11.25%
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Florida, Florida, Roodepoort, Gauteng
Area view — the exact address is shared on enquiry.
Listed by
Sarah Mokgatle
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