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Create relaxed family living in leafy Florentia, minutes from top schools and Newmarket Mall — generous backyard plus a self-contained flatlet for rental income or home office.
Opportunity Knocks in Florentia: The Ultimate Value-Add Project!
Unlock Instant Equity in a Prime Location
Positioned in the heart of the leafy, well-established suburb of Florentia, this property is the definition of "potential." Whether you are a savvy investor looking for your next high-yield flip or a family ready to trade elbow grease for a dream home, this is the chance you’ve been waiting for.
The Canvas
This solid 3-bedroom, 2-bathroom residence offers a generous floor plan that just needs a modern touch. The master bedroom features an en-suite, while the living areas flow toward a backyard built for entertaining. Yes, it needs work—but at this price point, the "before and after" transformation will be as rewarding as it is profitable.
Bonus Income & Lifestyle Features
The Flatlet: A separate self-contained flatlet offers the perfect solution for a home office, a teen pad, or a rental unit to drastically reduce your monthly bond costs.
The Pool: Imagine summer days by the pool. With a restoration, this will become the centerpiece of your private garden oasis.
Why Florentia?
Living here means being minutes away from top-rated schools like Alberton High and Sparrows Combined. You’ll enjoy the convenience of the Mall at Newmarket and Alberton City, with the peace of mind that comes from a community-oriented neighbourhood. With effortless access to the R59 and N12, your commute is simplified, and weekend trips to Rietvlei Zoo Farm are just around the corner.
The Bottom Line
The sellers are motivated and the property is priced to move. In a market where finished homes in Florentia are soaring, this "diamond in the rough" allows you to buy low, renovate to your taste, and reap the rewards immediately.
Disclaimer: The property condition has deteriorated since these pictures!!!
Don’t wait for the "Sold" sign—bring your tape measure and your vision today!
Listed for sale at R1,050,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 264 listings in Alberton (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 65% below the median. Floor size is 137% larger than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 10,307 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
264 similar listings
High similar-home inventory town-wide (Alberton)
Median time on market: 130 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Florentia is a well-established residential suburb in Alberton offering a mix of family homes and convenient access to local amenities, making it a desirable location for families and professionals alike.
* Distances and amenities are approximate.
