An excellent opportunity to acquire a well-located 13-unit residential apartment block in the established suburb of Florida, Roodepoort. This income-producing property offers a compact and efficient rental investment within a proven residential node in western Johannesburg.
The property comprises a multi-storey apartment building situated on a registered erf of approximately 1 571 m², with a total of 13 residential units consisting of 1 one-bedroom unit and 12 two-bedroom units. The accommodation is practical and well suited to the affordable rental market, featuring functional layouts with lounge and dining areas, kitchens, bathrooms, and standard residential finishes.
The building is supported by structured parking, limited additional open parking, and communal infrastructure including stairways, covered walkways, and ancillary service areas. These features support ease of tenant access and operational functionality for ongoing residential rental use.
Situated within close proximity to Florida Lake and key arterial routes such as Ontdekkers Road and Main Reef Road, the property benefits from strong connectivity to Roodepoort, Randburg, Johannesburg CBD, and surrounding commercial hubs. The area is well established with schools, retail centres, and public transport routes nearby, ensuring consistent rental demand.
With its high-density unit mix, affordable rental positioning, and established residential location, the property presents a solid opportunity for investors seeking stable income and long-term rental growth potential.
All purchasers are required to independently verify rental income, occupation, leases, and property condition prior to submitting offers.
Lot AR006 – Invitation to Submit Offers closing 30 June 2026.