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R52,000,000

Office for sale in Lynnwood

5,882m²
2,164m²
Office For Sale In Lynnwood

This 5882 square metre GLA commercial property is in the heart of the thriving Lynwood district, between Lynwood and Atterbury Roads. It has diverse array of retail and commercial tenants that turns it into a vibrant business hub.

The property has excellent rental net income of approximately R6,000,000.00 annually and also with a compelling price of just R9,000.00 per square meter which makes it an excellent investment.

It's strategically located and is in close proximity to the N1 snd main roads. It is very close to the commercially viable Menlyn Hub and Hazelwood areas, facilitating effortless accessibility from various parts of Pretoria, Midrand and Johannesburg.

The property has lots of convenient and secure on-site parking, with additional parking available on a structured deck above the lower ground and ground floors.

The area's vitality is driven by its proximity to significant business and economic centres.

Furthermore, the area has seen lots of growth and develoopments.. This growth and shortage of land and space heightens the demand for retail and commercial space in Lynwood. This dynamic area promises a wealth of opportunities and convenience for businesses and tenants alike for redevelopment that shouldn't be missed.

Call now to arrange your private viewing!

Property Type
Office
Stand Size
2,164m²
Building Size
5,882m²
Rates & Taxes
R2,454,000
Levy
R1,558,000
24 Hr Response
Yes
Guard
Yes
Reference
ENT0277645
Property history
Listed for sale at R52,000,000
20 May 2024
Get to know Pretoria
Situated in the Northern part of Gauteng, Pretoria offers residents a melting pot of culture, tradition, history and first world commerce.
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