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Commercial Property On Auction in Menlo Park

  • Floor Size 1 085 m²
  • AUCTION
Auction - 291, 293, 295, Lynnwood Rd, Menlo Park, Pretoria

Erf Number: 10, 11, 12

Township: Menlo Park

ERF Size: 1,488m²

Total GLA: 1,085m²

Projected Gross Annual Income: R2,206 537,00

Property Description:

Located on a very prominent road - Lynnwood Rd

High LSM area

Located within a student area

Close to the University of Pretoria (TUKS)

Opposite TUKS Hillcrest Residence Campus

Neighboring properties for sale - expansion possibility

Bulk available - residential development opportunity

Top floor | 4 Apartments (Fully let with month to month leases)

Ground Floor | 230m² for entertainment, bar or retail

Bulk available - 7 stories (Residential/ student accommodation development opportunity)

Currently utilized for entertainment/ hospitality

Zoned Business 1

VAT Registered: Yes

Municipal Information:

Municipality: Tshwane Municipality

Monthly Rates: ±R30,210

Title Deed Information for 291:

Number: T13944/1998

Registration...

Erf Number: 10, 11, 12

Township: Menlo Park

ERF Size: 1,488m²

Total GLA: 1,085m²

Projected Gross Annual Income: R2,206 537,00

Property Description:

Located on a very prominent road - Lynnwood Rd

High LSM area

Located within a student area

Close to the University of Pretoria (TUKS)

Opposite TUKS Hillcrest Residence Campus

Neighboring properties for sale - expansion possibility

Bulk available - residential development opportunity

Top floor | 4 Apartments (Fully let with month to month leases)

Ground Floor | 230m² for entertainment, bar or retail

Bulk available - 7 stories (Residential/ student accommodation development opportunity)

Currently utilized for entertainment/ hospitality

Zoned Business 1

VAT Registered: Yes

Municipal Information:

Municipality: Tshwane Municipality

Monthly Rates: ±R30,210

Title Deed Information for 291:

Number: T13944/1998

Registration Date: 13 February 1998

Municipal Area: Tshwane Municipality

Title Deed Information for 293, 295:

Number: T101524/2014

Registration Date: 19 September 2014

Municipal Area: Tshwane Municipality

Listing number: P24-114826653, Image number: 1
Listing number: P24-114826653, Image number: 2
Listing number: P24-114826653, Image number: 3
Listing number: P24-114826653, Image number: 4
Listing number: P24-114826653, Image number: 5
Listing number: P24-114826653, Image number: 6
Listing number: P24-114826653, Image number: 7
Listing number: P24-114826653, Image number: 8
Listing number: P24-114826653, Image number: 9
Property Overview
Listing Number
114826653
Type of Property
Commercial Property
Listing Date
21 August 2024
Availability Date
22 August 2024
Erf Size
1 085 m²
Floor Size
1085 m²
Zoning
General Business
Floor Number
0
Garage
Na
Building Name
291, 293 & 295 Lynnwood Rd, Menlo Park, Gauteng
Multi Tenanted
Yes
Standalone Building
Yes
Number of floors
1
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Auction Details

16 October 2024, 12:00
60 5th Street, Killarney Country Club, Houghton
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