11 Bed House in Florida Park
Investment Property with 6 Income-Generating Units for Sale in Florida Park
-Property Overview
-Bedrooms 11
-Bathrooms 6
-Open Parkings 5
- Covered Parkings 6
-Erf Size:** 2241 m
-Rates:** R 1465 / pm
Property Features
- Access Gate
- Built-in Cupboards
- Flatlet
- Free Standing
- Garden
- Kitchen
- Lapa
- Lounge
- Paving
- Pets Allowed
- Pool
Description
Discover this prime investment opportunity in Florida Park, set on a generous 2,241 m stand near Ontdekkers Road. This property offers an impressive return with six separate units, generating a combined rental income of approximately R38,000 per month.
Each unit includes:
- Unit 1: 2 Bedrooms, Living Area, Open Plan Kitchen, Bathroom, Carport
- Unit 2: 1 Bedroom, Living Area, Open Plan Kitchen, Bathroom, Carport
- Unit 3: 1 Bedroom, Living Area, Open Plan Kitchen, Bathroom, Carport
- Unit 4: 2 Bedrooms, Living Area, Open Plan Kitchen, Bathroom, Carport
- Unit 5: 3 Bedrooms, Living Area, Open Plan Kitchen, Bathroom, Carport, Small Enclosed Garden
- Unit 6: 2 Bedrooms, Living Area, Open Plan Kitchen, Bathroom, Carport, Small Enclosed Garden
All units are equipped with gas hobs and showers, pre-paid electricity meters, and fiber connectivity. The property also features a communal pool and Lapa area, enhancing its appeal to tenants.
Additionally, three of the cottages can be easily converted back into a large family home while maintaining three rental units, offering flexibility for future owners.
Located with easy access to major routes, schools, and shops, this property is perfect for investors looking to capitalize on the thriving rental market in Florida Park.
Don''t miss out on this unique opportunity! Contact us today to schedule a viewing.
Property details
- Listing number T4734066
- Property type House
- Erf size 2 250 m²
- Floor size 500 m²
- Rates and taxes R 1 465
Property features
- Bedrooms 11
- Bathrooms 6
- Open Parkings 1
- Pet Friendly
- Pool
- Garden