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R 3 000 000

18 Bedroom House for Sale in East Lynne

East Lynne, Pretoria
  • Bedrooms 18
  • Bathrooms 18
  • Garages 10
  • Erf Size 1 078 m²
    • m²: 1 078 m²
    • Hectares: 0.108 ha
    • Acres: 0.266 acres
The property was converted and extended as a residential complex, located in Tshwane. Initially an existing house, it has been innovatively transformed and expanded to accommodate 18 bachelor flats. This investment opportunity is ideal for buyers seeking rental income in a strategically positioned area with amenities and security features.

1. Price: R3,000,000

2. Location: Tshwane, South Africa

3. Property Type: Residential Complex

4. Units:

o Existing Structure: 8 rooms, each with separate external access

o New Build: 10 additional units

• Tshwane Rates and Taxes: R1,587 per month

• Electricity: Approximately R2,600 per month

• Water: Approximately R2,445 per month

Features of Each Unit

• Type: Bachelor Flats

• Security:

o Wooden front door

o Security gate

o Burglar bars on windows

• Interior:

o Kitchen:

Open-plan design

Tiled floors

Ceiling light

Built-in cupboard

Single sink

o Bedroom:

Tiled floors

Ceiling light

o Bathroom:

Tiled floors

Shower

Toilet

Single basin

Investment Potential

• Rental Income: With 18 bachelor flats, each potentially rented at competitive market rates, the property promises significant rental...

1. Price: R3,000,000

2. Location: Tshwane, South Africa

3. Property Type: Residential Complex

4. Units:

o Existing Structure: 8 rooms, each with separate external access

o New Build: 10 additional units

• Tshwane Rates and Taxes: R1,587 per month

• Electricity: Approximately R2,600 per month

• Water: Approximately R2,445 per month

Features of Each Unit

• Type: Bachelor Flats

• Security:

o Wooden front door

o Security gate

o Burglar bars on windows

• Interior:

o Kitchen:

Open-plan design

Tiled floors

Ceiling light

Built-in cupboard

Single sink

o Bedroom:

Tiled floors

Ceiling light

o Bathroom:

Tiled floors

Shower

Toilet

Single basin

Investment Potential

• Rental Income: With 18 bachelor flats, each potentially rented at competitive market rates, the property promises significant rental returns.

• Occupancy Rate: Given the strategic location and the high demand for secure, affordable housing in Tshwane, the occupancy rate is expected to be high.

This property in Tshwane represents investment opportunity with its 18 bachelor flats, high-security features, and potential for significant rental income.

Contact me today for a viewing!

Bedrooms Bedrooms: 18
Bathrooms Bathrooms: 18
Parking Parking: 10
Garden Garden
Listing number: P24-114578777, Image number: 1
Listing number: P24-114578777, Image number: 2
Listing number: P24-114578777, Image number: 3
Listing number: P24-114578777, Image number: 4
Listing number: P24-114578777, Image number: 5
Listing number: P24-114578777, Image number: 6
Listing number: P24-114578777, Image number: 7
Listing number: P24-114578777, Image number: 8
Listing number: P24-114578777, Image number: 9
Property Overview
Listing Number
114578777
Type of Property
House
Listing Date
25 June 2024
Erf Size
1 078 m²
Rates and Taxes
R 1 587
Bedrooms
18
Bathrooms
18
Kitchens
18
Parking
10
Gardens
1
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