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

🏑 Property Overview This compact studio apartment presents a smart entry point into Pretoria East’s strong rental market. It offers investors the rare advantage of immediate rental income with an existing tenant in place. β€’ Unit Size: Approximately 27 – 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 πŸ’‘ Whether marketed to students, young professionals or executives, the location and layout maximise appeal and occupancy. ________________________________________ πŸ’° Income & Financials β€’ Current Tenancy: Producing monthly rental income (often in the region of ~R7,000 – 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. ________________________________________ 🏒 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: βœ” 24-hour manned security and access control βœ” Concierge and reception lounge βœ” Cinema rooms, lounge & games areas βœ” Yoga and weight studios, squash court βœ” Co-work pods and social spaces βœ” On-site laundry services βœ” Fibre connectivity throughout These facilities enhance tenant retention and justify premium rental positioning relative to standard apartments. ________________________________________ πŸ“ Location Highlights Strategically situated in the established Lynnwood Ridge node of Pretoria East, the development benefits from proximity to: πŸš— Major transport links like the N1 and Lynnwood Road πŸ›οΈ Shopping hubs (Lynnwood Bridge, Lynnridge Mall, Menlyn Park) πŸŽ“ Education hubs (University of Pretoria, Varsity College) πŸ₯ 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. ________________________________________ πŸ“ˆ Why This Investment Works βœ” Immediate income β€” tenanted on transfer βœ” High rental demand area βœ” Strong capital growth outlook in Pretoria East βœ” On-site amenities enhance tenant appeal βœ” Professional body corporate and management in place ________________________________________ Contact us today to secure this income-producing studio β€” a turnkey investment in one of Pretoria East’s 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.
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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

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