R 7 600 000
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12 Bed Apartment in Lynnwood Glen

12 8 8 655 m² 549 m²

Great Investment Opportunity

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 IIEas Varsity College. Also strategically located in close proximity to St Albanas 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 details

  • Listing number T4876316
  • Property type Apartment
  • Erf size 8 655 m²
  • Floor size 549 m²
  • Rates and taxes R 980
  • Levies R 3 249

Property features

  • Bedrooms 12
  • Bathrooms 8
  • Lounges 4
  • Dining Areas 4
  • Garages 5
  • Balcony
  • Pool
  • Security Post

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