NEW
SOLE MANDATE
Web Ref RL18811
POA
Monthly Bond Repayment R0.01
Calculated over 20 years at 11.0% with no deposit.
Change Assumptions
Investor’s Dream: High-Yield, High-Potential Property Near Florida Lake
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 This Property Stands Out:
Zoned and ready for expansion
Excellent location near Florida Lake, schools, and public transport
Exceptional value with both immediate and long-term upside
Opportunities like this don’t come often. If you’re looking to scale your portfolio with a property offering space, zoning, and returns — let’s schedule your viewing today.
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 This Property Stands Out:
Zoned and ready for expansion
Excellent location near Florida Lake, schools, and public transport
Exceptional value with both immediate and long-term upside
Opportunities like this don’t come often. If you’re looking to scale your portfolio with a property offering space, zoning, and returns — let’s 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
