Apartment / Flat for Sale in Florida

An exceptional opportunity to acquire a well-positioned 9-unit residential apartment block in the established suburb of Florida, Roodepoort. The property offers a compact and income-generating investment within a mature residential node in the western corridor of Johannesburg. The property comprises a multi-storey residential building measuring approximately 1 534 m² registered land size, with a total unit composition of 9 apartments including 1 bachelor unit, 3 one-bedroom units, and 5 two-bedroom units. The accommodation is practical and well-suited to the affordable rental market, with typical layouts including lounge and dining areas, kitchens, bathrooms, and functional residential spaces. The development is supported by structured parking, limited open parking, and ancillary service areas including staff rooms, storerooms, and utility spaces. Secure access enhances the property’s appeal as a managed rental asset. Located in a well-established residential area, the property benefits from proximity to schools, retail centres, public transport routes, and key arterial roads connecting Florida to Roodepoort, Johannesburg CBD, Randburg, and surrounding economic hubs. This ensures consistent tenant demand and long-term rental stability. With its practical unit mix, established rental configuration, and affordable housing positioning, the property presents a strong opportunity for investors seeking steady income and future upside in the Western Johannesburg residential market. All purchasers are required to conduct their own due diligence regarding occupancy, leases, income, and property condition prior to submitting offers. Lot AR005 – Invitation to Submit Offers closing 30 June 2026.