Floor Area 300 m²
Land Area 1 ha
Rates R 12000
Large piece of prime property consisting of 1.72 hectares. A prime position in the heart of Lynnwood Ridge on Lynwood road. An opportunity for developers not to be missed. This prime spot and area in the heart of Lynnwood Ridge would greatly benefit from high density housing, business rights or retail.
Approximately 0.3 hectares of the property generates an approximate income of R50,000 pm with a lease in place until 12/2020. The remainder of the property is currently used as a farm/residential property with three houses and six storage rooms available on the property.
Close to Lynnwood Road, Lynnridge Mall, Gift Acres Centre and Lynnwood road with easy access to both the N1 & N4