Lynnwood
Pretoria, Gauteng
Priced from
R684 900
Gross ROI
Up to 11.48%
Located in the popular suburb of LynNwood
Studio, one and two bedroom apartments
Selling from R684 900
Lynnwood, Pretoria , Gauteng
- Bond and transfer fees included
- Save up to R60 000 in attorney fees
- Occupation from February 2023
- No transfer duty
- Award-winning developer
- Within 15min from everything
- Fully functional hotel style apartments and facilities
FIRST-OF-ITS-KIND development in Lynnwood
Transcend your way of living and unlock a world within where unrivalled facilities compliment your day and centre your being. All apartments have access to the variety of on-site amenities to offer all residents the utmost convenience in today’s fast paced lifestyle.
Location
| Travel | |
|---|---|
| Lynnwood Road | 200m |
| N1 | 1.6km |
| N4 | 5.3km |
| Atterbury Road | 3.3km |
| Education | |
|---|---|
| Varsity College | 2.5km |
| University of Pretoria | 6.9km |
| Lynnwood Primary | 1km |
| Willowridge High School | 2km |
| Recreation & Shopping | |
|---|---|
| Glenfair | 1.4km |
| Lynnridge Mall | 1.2km |
| Gift Acres | 1.3km |
| The Grove | 4.1km |
| Medical | |
|---|---|
| Intercare Glenfair | 1.1km |
| Wilgers Hospital | 4.1km |
| Faerie Glen Hospital | 2.8km |
| Pretoria East Hospital | 7.4km |
Investment benefits
- Immediate occupation and rental income
- Up to R124 348 Rental Assist* to investors (excl short-term rentals)
- Invest in high capital growth node at below market value
- Bond and transfer fees included (excl bank initiation fee)
- Save up to a R60 000* in attorney fees
- Up to 100% bond financing available
- Deduct up to R912 945 against taxable income through Section 13sex tax incentives*
- No transfer duty payable
- Buy directly from the developer
- Consistent high rental yield neighbourhood
- Gross rental yields up to 11.48%
- IGrow Rentals will manage your tenant for you
- Tenant insurance offered - secure your rental income
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- R10 000 reservation deposit required (refundable should financing not be approved
Apartment Features
- Fibre ready (included in levy)
- Tiled-throughout for low and easy maintenance (600 x 600 tiles)
- Granite counter tops
- One plumbing point in kitchen for washing machine or dishwasher
- Oven, hob and extractor fan included
- Built-in cupboards throughout
- Pre-paid electrical meters
- Individual water meters
Development features
- Key-less access control systems
- Manned guardhouse
- CCTV monitoring
- Gated suburb (in-process)
- On-site Café
- Reception & concierge services
- Lounge areas
- Co-working pods
- Gym facilities
- Weight studio
- Squash court
- Yoga studio
- Cinema
- Entertainment emporium
- Arcade
- Free fibre (included in levy)
- Apart-hotel (Airbnb friendly - excluded from investor Rental Assist*)
- Views overlooking the conservation
- Laundromat
- Back-up generator
Comprehensive end-to-end rental management services
- In-house rental agents and managers
- Tenant vetting and placement services
- Rental collection services
- Ingoing and outgoing inspection services
- Maintenance services available
- Rental insurance available - secure your rental income
Site Development Plan
Floor plans
Lower Ground Floor
Ground floor
First floor
Second floor
Third floor
Fourth-Seventh Floor
Unit Plans
Studio
1 Bed, 1 Bath
2 Bed, 1 Bath
Studio apartment
Priced from: R684 900
- STUDIO
- 1 Bath
Parking bay allocated
Bond and transfer fees included
Balconies to selected apartments
Rental Assist up to R50 502
Average unit size (incl. balcony) 22m² – 27m²
Projected rental income R5 500p/m
Projected monthly bond repayment @30yr, 11.75% R6,913
Projected levy R1 154
Projected property rates R548
Est. year 1 monthly contribution: – R1 644
Gallery
ALL IMAGES USED ARE FOR ILLUSTRATIVE PURPOSES ONLY AND ARE INTENDED TO CONVEY THE CONCEPT AND VISION FOR THE DEVELOPMENT/APARTMENTS/HOUSES. THEY ARE FOR GUIDANCE ONLY, MAY ALTER AS WORK PROGRESSES AND DO NOT NECESSARILY REPRESENT A TRUE AND ACCURATE DEPICTION OF THE FINISHED PRODUCT AND SPECIFICATIONS MAY VARY. FLOOR PLANS ARE INTENDED TO GIVE A GENERAL INDICATION OF THE PROPOSED LAYOUT ONLY. ALL IMAGES AND DIMENSIONS ARE NOT INTENDED TO FORM PART OF ANY CONTRACT OR WARRANTY.
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IGrow makes no warranties, whether expressed or implied, in regard to the email, contents, accuracy, financial projections and/or assumptions nor availability. The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty or claim resulting from the use of the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party in relation to any act or omission by the User in relation to the information and the use thereof by the User. Attorney and bond fees for transfer paid by Seller only where appointed attorney attends transfer. This may exclude buyers using bank facilities. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable. *Rental assist / Cashback only applicable where buyer signs a rental mandate with IGrow Rentals for the duration of the rental assist offering. Rental assist / Cashback not applicable on Airbnb or short term letting. Tenant insurance funded from Rental assist / Cashback.
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If you are considering an investment or a lock-up-and-go lifestyle opportunity, this development is ideal with the perfect location. Contact us today to assist you in acquiring one of these investment units.