Tenanted Studio Apatment For Sale in Lynnwood Ridge

ZAR 890,000
  • 0.5 Bedrooms
  • 1 Bathroom
  • ~27 m² Living area
  • ~31 m² 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. • Unit Size: Approximately 27 – 52 m² (typical studio size at development) • Bedrooms: Open-plan studio • Parking: 1 dedicated undercover carport included • Utilities: Pre-paid electricity and water • Fibre-ready internet for modern tenant requirements 💡 Whether marketed to students, young professionals or executives, the location and layout maximise appeal and occupancy. ________________________________________ 💰 Income & Financials • Current Tenancy: Producing monthly rental income (often in the region of ~R7,000 – R8,500 pm for studios in the development) • Levies: From around R1,154 pm • 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: ✔ 24-hour manned security and access control ✔ Concierge and reception lounge ✔ Cinema rooms, lounge & games areas ✔ Yoga and weight studios, squash court ✔ Co-work pods and social spaces ✔ On-site laundry services ✔ Fibre connectivity throughout These facilities enhance tenant retention and justify premium rental positioning relative to standard apartments. ________________________________________ 📍 Location Highlights Strategically situated in the established Lynnwood Ridge node of Pretoria East, the development benefits from proximity to: 🚗 Major transport links like the N1 and Lynnwood Road 🛍️ Shopping hubs (Lynnwood Bridge, Lynnridge Mall, Menlyn Park) 🎓 Education hubs (University of Pretoria, Varsity College) 🏥 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) — offering diversified income potential. ________________________________________ 📈 Why This Investment Works ✔ Immediate income — tenanted on transfer ✔ High rental demand area ✔ Strong capital growth outlook in Pretoria East ✔ On-site amenities enhance tenant appeal ✔ Professional body corporate and management in place ________________________________________ Contact us today to secure this income-producing studio — 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 & Völkers 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 m²

  • Plot surface

    ~31 m²

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Engel & Völkers DDP Circa Lynwood

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