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178 Circa Lynnwood, 16 Camellia street, Lynnwood Ridge, Pretoria East, Gauteng
R 890 000
Property OverviewThis compact studio apartment presents a smart entry point into Pretoria Easts 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 developmentBedrooms: Open-plan studioParking: 1 dedicated undercover carport includedUtilities: Pre-paid electricity and waterFibre-ready internet for modern tenant requirementsWhether marketed to students, young professionals or executives, the location and layout maximise appeal and occupancy.Income & FinancialsCurrent Tenancy: Producing monthly rental income often in the region of R7,000 R8,500 pm for studios in the developmentLevies: From around R1,154 pmRates & Taxes: From around R650 pmInvestors 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 AppealCirca 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 controlConcierge and reception loungeCinema rooms, lounge & games areasYoga and weight studios, squash courtCo-work pods and social spacesOn-site laundry servicesFibre connectivity throughoutThese facilities enhance tenant retention and justify premium rental positioning relative to standard apartments.Location HighlightsStrategically situated in the established Lynnwood Ridge node of Pretoria East, the development benefits from proximity to:Major transport links like the N1 and Lynnwood RoadShopping hubs Lynnwood Bridge, Lynnridge Mall, Menlyn ParkEducation hubs University of Pretoria, Varsity CollegeHealthcare facilities and office parks close byThis dynamic location is ideal for both long-term rentals and short-stayAirbnb hosting subject to Body Corporate rules offering diversified income potential.Why This Investment WorksImmediate income tenanted on transferHigh rental demand areaStrong capital growth outlook in Pretoria EastOn-site amenities enhance tenant appealProfessional body corporate and management in placeContact us today to secure this income-producing studio a turnkey investment in one of Pretoria Easts 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. Show more Show less
Estimated monthly repayment
R 8 405
on a R 801 000 bond over 20 years at 11.25%
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178 Circa Lynnwood, 16 Camellia street, Lynnwood Ridge, Pretoria East, Gauteng
Listed by
Refilwe Du Plessis
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