Exceptional Investment Opportunity | Two Fully Independent Homes | Existing Rental Income

Exclusively mandated to present to you.

Rarely does a property become available that offers the perfect combination of immediate rental income, future development potential and exceptional lifestyle appeal.

Situated in a quiet cul-de-sac in sought-after Lynnwood Ridge, this unique property comprises two fully independent double-storey homes on a generous 1,225 m² stand, making it an ideal acquisition for investors, extended families, professionals or buyers seeking a long-term wealth-building opportunity.

Unlike conventional dual-living properties, both homes already enjoy separate municipal water connections with individual water meters, separate Tshwane prepaid electricity connections, while the subdivision process has already progressed to an advanced stage. Approved building plans and occupation certificates are in place, substantially reducing the work required for a future purchaser wishing to complete the subdivision.

The property is currently fully tenanted, generating an immediate monthly rental income of R37,000 (R444,000 per annum). Both tenants have leases extending into January 2027 and April 2027 respectively and have expressed their willingness to renew, providing excellent income security for an investor.

Property Features

Two Fully Independent Double-Storey Homes
Each home offers approximately 273 m² under roof and is a mirror image of the other.

Ground Floor
• Double automated garage
• Spacious open-plan lounge
• Dining room
• Modern kitchen with granite countertops
• Gas hob and electric hob
• Double electric oven
• Walk-in pantry
• Separate scullery
• Space for washing machine, dishwasher, tumble dryer, fridge and freezer
• Guest toilet

First Floor
• Spacious family room / pajama lounge
• Large balcony
• Dedicated study or home office area
• Main bedroom with ample built-in cupboards and en-suite bathroom
• Two additional bedrooms
• Second full bathroom with large shower

Outdoor Features

Each home enjoys its own private, pet-friendly garden of approximately 485 m².

Additional benefits include:
• North-facing homes enjoying excellent winter sunshine
• Quiet cul-de-sac location
• Approved building plans
• Occupation certificates in place
• Separate municipal services
• Excellent privacy

Investment Highlights

This property presents a rare investment proposition seldom found in Pretoria East.

• Two fully independent homes on one title deed
• Existing gross rental income of R37,000 per month
• Annual rental income of R444,000
• Gross rental yield of approximately 7.7% at the asking price
• Existing long-term tenants
• Advanced subdivision process
• Separate municipal infrastructure already installed
• Strong future capital growth potential

A purchaser may elect to:
• Continue receiving immediate rental income;
• Complete the subdivision process and create two separately transferable properties;
• Sell one property while retaining the other; or
• Retain both homes as long-term income-producing assets.

Condition

House 1 has recently undergone extensive maintenance, including interior and exterior repainting, balcony waterproofing and tile repairs, and presents in excellent condition.

House 2 requires cosmetic refurbishment, including repainting, balcony waterproofing, selected tile replacement and waterproofing to the retaining wall. These maintenance items have been taken into account in determining the asking price and present an opportunity for a purchaser to further enhance the property's value.

Why This Property Stands Apart

Properties of this nature are exceptionally scarce in Lynnwood Ridge. The combination of two substantial modern homes, separate municipal services, existing rental income, approved plans and advanced subdivision potential creates an investment opportunity that is difficult to replicate in today's market.

Whether you are an investor seeking stable returns, a developer looking to unlock future value, or an extended family requiring independent yet connected living, this property offers exceptional flexibility and long-term potential.

Property Summary
• 6 Bedrooms (3 per home)
• 4 Bathrooms (2 per home)
• 2 Guest Toilets
• 4 Automated Garages
• 2 Modern Kitchens
• 2 Separate Sculleries
• 2 Walk-in Pantries
• 2 Family Rooms / Pajama Lounges
• 2 Study Areas
• 2 Private Balconies
• Total Building Size: 546 m²
• Stand Size: 1,225 m²
• Separate Municipal Water Connections
• Separate Prepaid Electricity Connections
• Approved Building Plans
• Occupation Certificates
• Existing Rental Income: R37,000 per month
• Excellent Investment Opportunity

This is a rare opportunity to acquire a premium dual-income property in one of Pretoria East's most established and desirable suburbs.

For more information and to arrange a private viewing, contact Jaen.

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Words and phrases have strong meanings. The word JUST would refer to being "treated Fair" and "with Respect.'

The word IMAGINE stems from the Latin word that would refer to "Image" or "Picture."

PROPERTY has its origin in the Latin word "Proprietatem" which means "Enjoyment" and the "Right of Possession."

In conclusion, DREAMING originates from the words "Joy", "Vision" and "Goal."

We manage to turn Vision, Goals, and Joy into the Enjoyment and Possession of Real Estate.

To really "Turn Your Dreams into Realty" a Team consisting of highly skilled Professionals were selected as Property Professionals. A Team with not only Qualifications and Experience in Real Estate but also in other Professions such as Engineering, Social Sciences and Accounting.