Lynnwood Ridge, Pretoria
Tenanted Studio Apatment For Sale in Lynnwood Ridge
Price
ZAR 890,000
Tenanted Studio Apatment For Sale in Lynnwood Ridge
ZAR 890,000
- 0.5 Bedrooms
- 1 Bathroom
- ~27 mΒ² Living area
- ~31 mΒ² Plot surface
Description
π‘ Property Overview
This compact studio apartment presents a smart entry point into Pretoria Eastβs strong rental market. It offers investors the rare advantage of immediate rental income with an existing tenant in place.
β’ Unit Size: Approximately 27 β 52 mΒ² (typical studio size at development)
β’ Bedrooms: Open-plan studio
β’ Parking: 1 dedicated undercover carport included
β’ Utilities: Pre-paid electricity and water
β’ Fibre-ready internet for modern tenant requirements
π‘ Whether marketed to students, young professionals or executives, the location and layout maximise appeal and occupancy.
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π° Income & Financials
β’ Current Tenancy: Producing monthly rental income (often in the region of ~R7,000 β R8,500 pm for studios in the development)
β’ Levies: From around R1,154 pm
β’ Rates & Taxes: From around R650 pm
Investors can expect stable cash flow from day one due to current tenancy, coupled with capital growth potential in a well-connected, high-demand suburb close to major amenities and transport corridors.
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π’ Development Features & Investment Appeal
Circa Lynnwood is designed as a secure, urban apartment lifestyle destination with on-site amenities that elevate tenant satisfaction and rental attractiveness:
β 24-hour manned security and access control
β Concierge and reception lounge
β Cinema rooms, lounge & games areas
β Yoga and weight studios, squash court
β Co-work pods and social spaces
β On-site laundry services
β Fibre connectivity throughout
These facilities enhance tenant retention and justify premium rental positioning relative to standard apartments.
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π Location Highlights
Strategically situated in the established Lynnwood Ridge node of Pretoria East, the development benefits from proximity to:
π Major transport links like the N1 and Lynnwood Road
ποΈ Shopping hubs (Lynnwood Bridge, Lynnridge Mall, Menlyn Park)
π Education hubs (University of Pretoria, Varsity College)
π₯ Healthcare facilities and office parks close by
This dynamic location is ideal for both long-term rentals and short-stay/Airbnb hosting (subject to Body Corporate rules) β offering diversified income potential.
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π Why This Investment Works
β Immediate income β tenanted on transfer
β High rental demand area
β Strong capital growth outlook in Pretoria East
β On-site amenities enhance tenant appeal
β Professional body corporate and management in place
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Contact us today to secure this income-producing studio β a turnkey investment in one of Pretoria Eastβs most dynamic developments. Interested buyers should arrange a viewing and speak with a local property practitioner for up-to-date pricing and tenant lease details.
Engel & VΓΆlkers DDP Circa Lynwood
Your advisor: Johan Kruger
Property ID: ENV153804
Property details
Object type
Flat
Bedrooms
0.5
Bathrooms
1
Parking spaces
1
Living area
~27 mΒ²
Plot surface
~31 mΒ²
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Engel & VΓΆlkers DDP Circa Lynwood
Provider:
IHS Property Management (Pty) Ltd.
License partner of Engel & VΓΆlkers Southern Africa (Pty) Ltd.