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Florida, Florida, Roodepoort, Gauteng
R 4 000 000
This property is perfect for investors seeking strong rental returns, or buyers wanting a large private residence with separate income-producing units. With modern finishes, reliable tenants, and excellent security, this is a rare opportunity combining lifestyle and income potential This exceptional property sits on a generous 1,985sqm stand, featuring a massive main house on ±985sqm and a separately sectioned ±1,000sqm area developed with 7 modern apartment units, offering an outstanding income-generating opportunity with ±R45,000+ per month in rental income (±R30,000 from the units and ±R15,000 from the main house). Excluding Utilities Main House Features The spacious family home boasts three large, sunny bedrooms with built-in cupboards, including a main bedroom with an en-suite bathroom. Living areas include a huge lounge, an additional living room, and a versatile multi-purpose space ideal as a TV room, office, or entertainment area. The open-plan, fully fitted kitchen is generously sized with ample cupboard space and room for all appliances, flowing seamlessly into a dining room for convenient family living. A spacious family bathroom includes a bath, shower, basin, and toilet. The home also offers a double garage, side pedestrian gate, and a main access gate. Expansive Yard – Green Potential & Event-Ready Space A standout feature of this property is the huge open yard, offering exceptional potential for landscaped gardens, green lawns, and outdoor recreational areas. The generous space allows for beautiful green grass, garden development, or additional outdoor entertainment areas. The property also offers ample parking space, making it ideal for hosting events, family gatherings, or entertainment functions, as well as accommodating multiple tenants and visitors comfortably. Apartment Block – 7 Modern Units (Fully Tenanted) Located on a separate section of the property, the 7 newly built modern apartment units are fully tenanted with long-term tenants in place for approximately one year, ensuring immediate rental income. Each unit offers: 2 bedrooms with built-in cupboards Open-plan fitted kitchen and lounge 5 units with showers and 2 units with baths Own geyser per unit Prepaid electricity Individually metered geysers Aluminium window frames Additional amenities include: Undercover parking Washing line area Outside toilet with basin Caretaker’s room Fully secured with barbed wire fencing Remote-controlled access gate Ideal for Investors or Extended Families Asking Price R4000 000- Offers welcome from R3500 000
Estimated monthly repayment
R 37 773
on a R 3 600 000 bond over 20 years at 11.25%
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Fair-value check
Priced highPriced 196% above comparable 3-bed houses for sale in Florida
Based on 44 comparable listings
A market signal from comparable listings — not a formal valuation.
Florida, Florida, Roodepoort, Gauteng
Listed by
Francois Brown
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