House for sale
Create vibrant community living in Lynnwood Ridge, within walking distance to Lynnridge Mall and Gift Acres, near hospitals and schools — 2,977m² dual stands approved for 30 units.
Exceptional development land is now available for sale in the sought-after gated community of Lynnwood Ridge. Conveniently located within walking distance of Lynnridge Mall and Gift Acres shopping center, this prime property is also in close proximity to The Wilgers Hospital and The Grove Mall. Families will appreciate the nearby excellent schools and the ease of access to major highways.
The asking price of R8,700,000 encompasses TWO residential stands, which have been approved for development as a single stand with a total area of approximately 2,977m2. Currently, both original houses on each stand are occupied by tenants, providing a steady rental income until development can begin.
Zoning details: Res 4, allowing for 101 units per hectare, totaling 30 units.
Bulk contributions (as calculated in September 2022) are as follows:
- Water: R139,176.45 (VAT inclusive, 15%)
- Sanitation: R234,750.42 (VAT inclusive, 15%)
- Electricity: R399,307.90 (VAT inclusive, 15%)
- Roads and stormwater: R167,441.61 (VAT inclusive, 15%)
For additional information, please reach out to Marius.
Listed for sale at R8,700,000
Compared with 361 active listings in Pretoria.
Insight
Priced 117% above the local median — and above the typical range for Pretoria.
The premium partly reflects the larger floor size; buyers should still compare condition, position, views and finishes before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 261 listings
Large at a premium · based on 261 listings
Market depth
361 listings
Similar homes town-wide
125 days
Median time on market
Many similar homes
Active across Pretoria
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Lynnwood Ridge is a tranquil, established residential suburb in Pretoria East that offers families and professionals a perfect balance of suburban peace, proximity to top-tier schools, and convenient access to major commercial hubs.
