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Lynnwood Glen, Lynnwood Glen, Pretoria East, Gauteng
R 6 945 000
Investment opportunity like no other secured in a gated community in LynnwoodInvestment opportunity like no other secured in gated community in Lynnwood- Main home has an existing rental contract in place until end of December 2026This is your opportunity to not only own a beautiful family style home, but also generate income from 9 apartments with their own entrance and totally private from your main home.The main home offers:A stunning family style kitchen, complete with gas hob, electricoven, a snappy chef built in plate, granitecountertops, ample cupboard space, space for a double fridge and beautiful over all finishes.The dining room is spacious with immaculate Rhodesian teak parquet flooring that flows through the passage and bedrooms.You have the luxury of not one but 2 home office spaces, one in the main home the other outside.A spacious tv room flows effortlessly into a huge entertainment area, complete with fireplace and extractor.This entertainment area opens up with stack doors onto your intimate and private entertainment area with a braai and boma.The bedrooms are northfacing and spacious with built in cupboards and ceiling fans.The master bedroom is fit for a king, complete with a generous size bathroom, kitchenette and lots and lots of cupboards space. Open up your doors and enjoy your lush garden with full irrigation.A second bathroom, guest toilet and laundry is situated down the passage.The home has a massive carport and can house a caravan. Storage is no problem as you have a huge space to store all your gardening equipment, bikes and camping supplies.Apartments:- 9 apartments each with their own DB boards, pre-paid electricity meters in each.- 4 Batchelor and 5 x 1 bedrooms. All totally private, with their own kitchenette and bathroom.- Communal laundry for the apartment.- Separate panhandle entrance for the apartments- Separate parking for the apartments.- Wi fi and water is included in the rental amounts for these apartments.- Monthly rental and prepaid electricity income R80,000.The main house is secured with armed responseThe property has 6 geysers, 2 on timers and 4 on heat pumps. 2 x heat pumps.The main home has an inverterThis is a must see, it is not only spacious and beautiful, but it is also a money maker!INFOGLOBE PROP CC trading as REMAX Infoglobe Constantia operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 65 584
on a R 6 250 500 bond over 20 years at 11.25%
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Fair-value check
Priced highPriced 69% above comparable 4-bed houses for sale in Lynnwood Glen
Based on 14 comparable listings
A market signal from comparable listings — not a formal valuation.
Lynnwood Glen, Lynnwood Glen, Pretoria East, Gauteng
Listed by
Francois Smith
Unclaimed listing — claim it to verify
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