SOLE MANDATE
Web Ref RL18794
POA
Monthly Bond Repayment R0.01
Calculated over 20 years at 11.0% with no deposit.
Change Assumptions
Prime Development & Investment Opportunity – Florida
This 1500m² property near Florida Lake is perfect for investors or developers. With four sectional title units, garage conversion potential, and space to build, it’s a great way to grow your rental portfolio.
What’s on Offer
4 Sectional Title Units
Each 81m² (2 upstairs, 2 downstairs)
Spacious, rental-friendly layout
4 Garages with Conversion Potential
Ideal for turning into rooms with shared bathrooms
Estimated rental: R1,800–R2,000 per room
Development Ready
±900m² of open space for expansion
Zoned for high-density – add flats or residential containers
Income Potential
Up to R28,000/month with current units + converted garages
More income possible with further development
Why It’s a Smart Buy
Great location near schools, transport, and amenities
Lots of space, solid returns, and big development upside
Rare find in a growing area
Serious about investing? Let’s book a viewing.
What’s on Offer
4 Sectional Title Units
Each 81m² (2 upstairs, 2 downstairs)
Spacious, rental-friendly layout
4 Garages with Conversion Potential
Ideal for turning into rooms with shared bathrooms
Estimated rental: R1,800–R2,000 per room
Development Ready
±900m² of open space for expansion
Zoned for high-density – add flats or residential containers
Income Potential
Up to R28,000/month with current units + converted garages
More income possible with further development
Why It’s a Smart Buy
Great location near schools, transport, and amenities
Lots of space, solid returns, and big development upside
Rare find in a growing area
Serious about investing? Let’s book a viewing.
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
