| Prime investment opportunity in upper Florida |
Seize the chance to own one of the last available stands in Upper Florida, a sprawling 2,200m² property designed for maximum income generation. The main house is divided into two tenanted units: Unit 1 offers 3 bedrooms and 2 bathrooms, while Unit 2 features 2 bedrooms and 1 bathroom. Together, these units generate a stable rental income of approximately R16,000 per month, with additional earnings from prepaid electricity and water meters installed in both units. Recent maintenance, including a fresh coat of paint and a fully waterproofed roof, ensures the property remains both appealing and durable.
Adding to its potential, a rezoning application is underway, with approvals expected by the first quarter of 2025. Development plans and renderings are already in place, setting the stage for future growth. This rare investment opportunity offers immediate returns and significant long-term potential. Don’t miss your chance to secure this exceptional property. Contact me for your private viewing!
ERF Size 2,162 m²
Building Size 256m²
Rates R1,034 per month
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Samier Allow
c. 0837278770
samier.a@rawson.co.za
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