10 Bed Apartment in Florida

The building comprising 4 sectional title units of 81 m2 each and 4 garages with external ablutions on 1500m2. Two units are ground floor units and two are on the first floor. There is extensive space for expansion as the current top structures are well placed to one side on the property. The 4 garages can be converted into rooms with shares ablutions and rented at between R1800 and R2000 a month - including the 4 flats this would generate a projected gross income of R 28 000 per month for the building. The additional space is substantial to place container accommodation on as an option.

Florida is a very popular high density residential area and the site has the potential for additional bulk

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