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16 Camellia Street, Lynnwood Ridge, Pretoria, Gauteng
R 890 000
?? Property Overview This compact studio apartment presents a smart entry point into Pretoria East’s 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 development) • Bedrooms: Open-plan studio • Parking: 1 dedicated undercover carport included • Utilities: Pre-paid electricity and water • Fibre-ready internet for modern tenant requirements ?? Whether marketed to students, young professionals or executives, the location and layout maximise appeal and occupancy. ________________________________________ ?? Income & Financials • Current Tenancy: Producing monthly rental income (often in the region of ~R7,000 – R8,500 pm for studios in the development) • Levies: From around R1,154 pm • Rates & Taxes: From around R650 pm Investors 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 Appeal Circa 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 control ? Concierge and reception lounge ? Cinema rooms, lounge & games areas ? Yoga and weight studios, squash court ? Co-work pods and social spaces ? On-site laundry services ? Fibre connectivity throughout These facilities enhance tenant retention and justify premium rental positioning relative to standard apartments. ________________________________________ ?? Location Highlights Strategically situated in the established Lynnwood Ridge node of Pretoria East, the development benefits from proximity to: ?? Major transport links like the N1 and Lynnwood Road ??? Shopping hubs (Lynnwood Bridge, Lynnridge Mall, Menlyn Park) ?? Education hubs (University of Pretoria, Varsity College) ?? Healthcare facilities and office parks close by This dynamic location is ideal for both long-term rentals and short-stay/Airbnb hosting (subject to Body Corporate rules) — offering diversified income potential. ________________________________________ ?? Why This Investment Works ? Immediate income — tenanted on transfer ? High rental demand area ? Strong capital growth outlook in Pretoria East ? On-site amenities enhance tenant appeal ? Professional body corporate and management in place ________________________________________ Contact us today to secure this income-producing studio — a turnkey investment in one of Pretoria East’s 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.
Estimated monthly repayment
R 8 405
on a R 801 000 bond over 20 years at 11.25%
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16 Camellia Street, Lynnwood Ridge, Pretoria, Gauteng
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Listed by
Zinhle Mokgatle
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