4 Bedroom House in Lynnwood

R 5 350 000

Anita Engelbrecht

RE/MAX-Jowic Irene

4 Bedroom House in Lynnwood

R 5 350 000

Can I afford this?
4 Beds
2 Baths
Floor Area 700 m²
Land Area 2000 m²
Rates R 1400

Exciting listing! This well loved and very well cared for home would suit developers, investors, families and businesses!

It is in an excellent condition and has four large self-contained flats with a combined income of R20,000 pm. The house can easily be rented out for R18,000.

Excellent to use as guest house or commune, or live in the house and rent out the separate flats.

Possible future development could also be a very attractive prospect.

The house is situated west of the N1, between Atterbury and Lynnwood roads. It is close to all ameneties, prestigious area schools and colleges, Menlyn Time square and with easy access to the N1.

The main house comprises of:-

- Lounge and dining room - all tiled

- Good kitchen with separate laundry and scullery

- Enclosed Patio with built-in braai

- 4 Sunny bedrooms with stunning parquet floors

- The main bedroom is en-suite and with a walk in dressing room and air-con

- Two full bathrooms

The four flats all comprise of at least a living & sleeping area, kitchenette, bathroom and under cover parking, whilst two of them have a separate bedroom and are currently all rented out with flexible rental contracts.

Some tenants have been living there for up to 10 years with absolutely no security incidents.

The designer garden is being kept beautiful and green all year round by a strong borehole fitted to a 5,000 l water tank and irrigation. The street is closed off and the area is really safe and private.

If this is what you have been looking for - phone me!

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Key Property Features

4
Bedrooms
2
Bathrooms
10
Covered Parkings
1
Dining Areas
1
En-suite
1
Lounges
Access Gate
Air Con
Alarm
Built In Braai
BIC
Entrance Hall
Fenced
Flatlets
Garden
Garden Cottage
Guest Toilet
Kitchen
Laundry
Pantry
Patio
Paving
Scullery
Storage
Walk In Closet
Wheel Chair Friendly

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4 Bedroom House in Lynnwood

R 5 350 000

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