EXCLUSIVE MANDATE
Web Ref RL1278
R12,800,000
Monthly Bond Repayment R125,650.35
Calculated over 20 years at 10.25% with no deposit.
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Monthly Rates
R19,800
R19,800
Investor Opportunity: Prime Student Accommodation in Lynnwood 15-Bedroom Property with Exceptional A
EXCLUSIVELY MARKETED !!!
Executive Summary
This is a rare and lucrative opportunity for investors to acquire a high-potential student accommodation property located in the heart of Lynnwood, conveniently close to the University of Pretoria (TUKS). The property is presently fully occupied by students, offering immediate rental income and significant prospects for value enhancement through upgrades and expansion.
Property Features
• Bedrooms & Bathrooms: 15 spacious bedrooms, each with a private bathroom, providing privacy and comfort for tenants.
• Kitchenettes: Every room is fitted with a kitchenette, catering to student needs for convenience and independence.
• Balconies: All rooms have direct access to a private balcony, enhancing living space and appeal.
• Communal Areas: Three large communal areas foster a sense of community and are ideal for socialising and studying.
• Upgrades: Most rooms feature upgraded tiles, ensuring a modern and attractive aesthetic.
• Industrial Kitchen: A fully equipped industrial kitchen supports large-scale catering needs.
• Laundry Facilities: One dedicated laundry area for tenants’ convenience.
• Reception Area: A welcoming reception area for administration and guest management.
• Swimming Pool: A large swimming pool with scope for transformation into a student retreat or leisure hub.
• Garage & Parking: Extra-length double garage and ample parking, leased from the municipality at an exceptionally low annual rate for 99 years—ensuring hassle-free parking and additional value for tenants.
Strategic Location
The property is situated in Lynnwood, a sought-after suburb known for its proximity to Tuks University and vibrant student life. Its location offers easy access to public transport, retail centres, and all essential amenities, making it highly attractive to students and ensuring consistent demand.
Development and Expansion Potential
• Current Status: The property is at Stage 4 of the Site Development Plan (SDP) process, with rezoning for 29 units underway.
• Future Options: Investors have the flexibility to pursue planned expansion options, further increasing the property’s capacity and revenue potential.
• Upgrade Path: With existing upgrades in place and further improvements possible, the property can be transformed into a premium student accommodation offering. The swimming pool area, in particular, offers opportunities for creating a unique student retreat or recreational space.
Investment Highlights
• Fully occupied with established student tenants—immediate rental yield.
• Long-term parking lease with the municipality at a negligible rate, ensuring cost predictability and convenience.
• Flexible layout and infrastructure allow for future expansion or reconfiguration.
• High demand area with consistent student population growth.
• Outstanding amenities and modern finishes appeal to discerning students and parents alike.
Conclusion
This property presents a compelling investment for those seeking to capitalise on the strong demand for quality student accommodation in Lynnwood. With a solid tenant base, superior amenities, and significant potential for upgrades and expansion—including rezoning for 29 units—this opportunity is not to be missed. Contact us today for more information or to arrange a viewing.
Executive Summary
This is a rare and lucrative opportunity for investors to acquire a high-potential student accommodation property located in the heart of Lynnwood, conveniently close to the University of Pretoria (TUKS). The property is presently fully occupied by students, offering immediate rental income and significant prospects for value enhancement through upgrades and expansion.
Property Features
• Bedrooms & Bathrooms: 15 spacious bedrooms, each with a private bathroom, providing privacy and comfort for tenants.
• Kitchenettes: Every room is fitted with a kitchenette, catering to student needs for convenience and independence.
• Balconies: All rooms have direct access to a private balcony, enhancing living space and appeal.
• Communal Areas: Three large communal areas foster a sense of community and are ideal for socialising and studying.
• Upgrades: Most rooms feature upgraded tiles, ensuring a modern and attractive aesthetic.
• Industrial Kitchen: A fully equipped industrial kitchen supports large-scale catering needs.
• Laundry Facilities: One dedicated laundry area for tenants’ convenience.
• Reception Area: A welcoming reception area for administration and guest management.
• Swimming Pool: A large swimming pool with scope for transformation into a student retreat or leisure hub.
• Garage & Parking: Extra-length double garage and ample parking, leased from the municipality at an exceptionally low annual rate for 99 years—ensuring hassle-free parking and additional value for tenants.
Strategic Location
The property is situated in Lynnwood, a sought-after suburb known for its proximity to Tuks University and vibrant student life. Its location offers easy access to public transport, retail centres, and all essential amenities, making it highly attractive to students and ensuring consistent demand.
Development and Expansion Potential
• Current Status: The property is at Stage 4 of the Site Development Plan (SDP) process, with rezoning for 29 units underway.
• Future Options: Investors have the flexibility to pursue planned expansion options, further increasing the property’s capacity and revenue potential.
• Upgrade Path: With existing upgrades in place and further improvements possible, the property can be transformed into a premium student accommodation offering. The swimming pool area, in particular, offers opportunities for creating a unique student retreat or recreational space.
Investment Highlights
• Fully occupied with established student tenants—immediate rental yield.
• Long-term parking lease with the municipality at a negligible rate, ensuring cost predictability and convenience.
• Flexible layout and infrastructure allow for future expansion or reconfiguration.
• High demand area with consistent student population growth.
• Outstanding amenities and modern finishes appeal to discerning students and parents alike.
Conclusion
This property presents a compelling investment for those seeking to capitalise on the strong demand for quality student accommodation in Lynnwood. With a solid tenant base, superior amenities, and significant potential for upgrades and expansion—including rezoning for 29 units—this opportunity is not to be missed. Contact us today for more information or to arrange a viewing.
Features
Pets Allowed
Yes
Interior
Bedrooms
15
Bathrooms
15
Kitchen
1
Reception Rooms
3
Furnished
No
Exterior
Garages
2
Security
No
Parkings
10
Flatlet
1
Domestic Accomm.
2
Pool
Yes
Sizes
Floor Size
2,000m²
Land Size
2,435m²
