R6 800 000
Monthly Bond Payment: R
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INVESTMENT OPPORTUNITY! Stunning furnished 14 bedroom property for sale in Lynnwood! 12.8% ROI
Commercial Property in Lynnwood For Sale
INVESTMENT OPPORTUNITY! Stunning furnished 14 bedroom property for sale in Lynnwood! 12.8% ROI
Monthly Bond Payment: R
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This unique property is nestled in the highly sought after Om de Berg security community in Lynnwood and offers three separate structures completely independent from each other along with a pool , BOMA with built in pizza oven as well as a large Lapa.
The main house offers the following:
Large open plan living & dining area flowing into the built in bar and entertainment area. Spacious kitchen with granite countertops. Sleeper wood stairs leading to the first 2 bedrooms upstairs. Each with its own bathroom.3 further bedrooms downstairs, each with en-suite bathroom and kitchenette.
2nd house:
2 large bedrooms with luxurious en-suite bathrooms, living areas and full kitchens on the first floor overlooking the garden to the north. 3 more bedrooms downstairs each with a kitchenette and en-suite bathroom.
3rd house:
This house consists of a lounge with kitchen downstairs. Guest toilet. 2 bedrooms upstairs as well as 1 flatlet with en suite bathroom along with a study or work room.
CURRENTLY A GOING CONCERN WITH LONG TERM RENTAL CONTRACTS IN PLACE MANAGED BY REMAX WITH A MONTHLY INCOME OF R80 000pm. THIS IS A GOLDEN OPPORTUNITY TO INVEST IN PRIME REAL ESTATE IN LYNNWOOD WITH A RENTAL INCOME THAT WILL COVER YOUR BOND REPAYMENT. CASH BUYERS WILL HAVE THE BENEFIT OF EARNING A 12.8% ANNUAL PASSIVE INCOME WHILE YOUR ASSET GROWS IN VALUE.
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Bond Payments | R |
Mun. Rates & Taxes | ZAR 2,300 |
Monthly Levy | ZAR 700 |
Web Ref | RXCU-29284 |
Property Type | Commercial Property |
Building Size | 1180m2 |
Erf Size | 2264m2 |
Bedrooms | 14 |
Bathrooms | 12.5 |
Mikyla Eskelsen
Candidate Property Practitioner
RE/MAX Infoglobe (Constantia)
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Phillip van der Merwe
Sales Associate
RE/MAX Infoglobe (Constantia)
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Monthly Bond Payment: R