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12 Bedroom apartment in Lynnwood Glen For Sale
R 7,600,000
Can I afford this?25 Photo(s)
15 days ago41 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):8655
Parking:Garage
Description
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 IIE’s Varsity College. Also strategically located in close proximity to St Alban’s 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!
# Parking: 5
Has Pool
Property Reference #: ENT0275315
Agent Details:
Riana van der Westhuizen
KW Pr1me
64 Glenwood Road, Lynnwood Glen, Pretoria, Gauteng, 0081
Invest in a lucrative student accommodation opportunity consisting of four renovated units, ideally situated opposite the IIE’s Varsity College. Also strategically located in close proximity to St Alban’s 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!
# Parking: 5
Has Pool
Property Reference #: ENT0275315
Agent Details:
Riana van der Westhuizen
KW Pr1me
64 Glenwood Road, Lynnwood Glen, Pretoria, Gauteng, 0081
Id Subtitle 1274534005
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Estimated monthly repaymentR 82,362
Total property loan amountR 7,600,000
Total interestR 12,166,817
Total repaymentR 19,766,817
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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KW Pr1me
Selling for 1 year
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