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Muizenberg, Muizenberg, Cape Town, Western Cape
R 15 400 000
R15.4 Million | Iconic Muizenberg Property with endless Commercial & Investment Potential A Rare Opportunity in the Heart of Muizenberg — Sold as a Going Concern Welcome to Lynnwood House, a magnificent Grande Olde Lady in the heart of Muizenberg, offering an exceptional combination of character, scale, spectacular views and serious investment potential. Set on a 482 sqm erf, this substantial property comprises two beautifully proportioned apartments totalling approximately 388 sqm, each with three bedrooms, generous living areas, original Oregon pine flooring and breathtaking views of Muizenberg Mountain, the vlei, sunrises and sunsets. The property is sold as a going concern and both apartments are to be sold together. This is far more than a residential property — it is an opportunity to acquire a unique asset with multiple possible future uses. ENDLESS POSSIBILITIES With the necessary approvals, Lynnwood House could potentially be transformed into: Guesthouse or boutique guest accommodation Backpackers Professional offices or creative workspace Doctors' or medical consulting rooms Luxury apartments A large family residence with dual living An income-generating investment Potential further development, including an additional floor The possibilities are limited only by your imagination and the applicable municipal approvals. TWO SPACIOUS APARTMENTS Ground Floor — 186 sqm The ground-floor apartment offers three spacious bedrooms, including a magnificent west-facing master bedroom with Oregon pine flooring, a charming seated alcove with mountain views, and ensuite bathroom The generous open-plan dining and lounge area features a fireplace and flows through to a bar area opening onto the garden. The kitchen includes granite countertops, a gas stove, electric oven, pantry/scullery, ample storage and plumbing for one appliance. Outside, the property really comes into its own with a large west-facing entertainment area, swimming pool, pizza oven and spectacular mountain views. The existing double garage has been converted into a children's playroom and storage area. Additional features include two secure parking spaces and two geysers. Upstairs Apartment— 202 sqm The upper apartment offers another three spacious bedrooms. The master suite includes built-in cupboards, a sunroom and an ensuite bathroom. The east-facing second bedroom enjoys beautiful morning light, while the west-facing third bedroom is perfectly positioned to capture the evening sunsets. The spacious lounge features a fireplace and opens onto an enclosed balcony/sunroom overlooking the vlei, with stunning sunrise and mountain views. A generous dining room includes a charming butler's window connecting to the kitchen. The kitchen features a gas stove, ample storage, a small pantry and plumbing for one appliance. The highlight is undoubtedly the stunning deck overlooking Muizenberg Mountain — an exceptional space for entertaining or simply taking in the views. CHARACTER THAT CAN'T BE REPLICATED Lynnwood House retains many of its original features, including beautiful Oregon pine flooring throughout both apartments, giving the property a timeless sense of character and warmth. Properties of this size and character, with these views and this level of potential, are exceptionally rare in Muizenberg. THE INVESTMENT OPPORTUNITY Whether you're an investor, developer, hospitality entrepreneur, medical professional or someone looking for a substantial multi-purpose property, Lynnwood House offers an exciting blank canvas. The combination of: 482 sqm erf | ±388 sqm of accommodation | 6 bedrooms | 2 apartments | Exceptional views | Commercial potential | Further development potential makes this a truly unique offering. Asking Price: R15.4 Million Sold as a going concern. Both apartments must be purchased together. Lynnwood House isn't simply a property — it's an opportunity to create something exceptional in one of Muizenberg's most character-filled locations.
Estimated monthly repayment
R 145 427
on a R 13 860 000 bond over 20 years at 11.25%
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Muizenberg, Muizenberg, Cape Town, Western Cape
Listed by
Ayanda Swanepoel
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