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12 bedroom apartment for sale in Lynnwood Glen

R7,600,000
12 Beds
8 Baths
5 Garages
549m²
8,655m²
Pool
Apartment For Sale In Lynnwood Glen

Four units For Sale and rental income already secured with existing lease agreements in force!

Invest in a lucrative student accommodation opportunity consisting of four renovated units, ideally situated opposite the IIE’s Varsity College. Also strategically located in close proximity to St Alban’s College, Seeforth College, Boston City Campus and of course University of Pretoria. With a growing demand for student housing in the area, this property presents an excellent investment with stable and predictable rental income from student tenants and substantial potential for growth.

Property Details:

All 4 units have been renovated, each with their own unique look. Each unit consists of 3 spacious bedrooms and 2 bathrooms (one being en-suite), functional kitchen and large inviting living room leading out to own private balcony with amazing views. All the units have pre-paid electricity and water is included in the levies. The elevator in the building is connected to a generator should there be loadshedding or power outage. Sparkling communal pool with braai area and lush gardens, promoting a sense of community.

Unit 1: Stylish Penthouse unit with separate dining room and large balcony with spectacular views. This unit also have 2 lock-up garages, together with a dedicated parking bay.

Unit 2: Charming fully furnished unit with appliances included. Lock-up garage with a dedicated parking bay.

Unit 3: Luxury unit with lock-up garage and dedicated parking bay.

Unit 4: Modern unit with work desk cleverly incorporated in kitchen. Lock-up garage.

Call to arrange your private viewing now!

Property Type
Apartment
Bedrooms
12
Bathrooms
8
Stand Size
8,655m²
Building Size
549m²
Garages
5
Rates & Taxes
R980.45
Levy
R3,248.95
Pool
Yes
24 Hr Access
Yes
Electric Gate
Yes
Burglar Bars
Yes
C C T V
Yes
Electric Fencing
Yes
Sliding Doors
Yes
Patio
Yes
Digital Fibre
Yes
Electric Prepaid Electricity
Yes
Electric Generator
Yes
Elevator
Yes
Reference
ENT0275315
Property history
Listed for sale at R7,600,000
11 Apr 2024
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