Investment opportunity to enter the Lynnwood real estate market

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Circa Lynnwood is the first of its kind in the well-established suburb of Lynnwood in Pretoria East. The new residential development was developed by established property fund manager, IHS. This development ticks all the boxes for investors, not only being conveniently located and fitting into the 15 minute neighborhood trend, but it also offers unrivaled facilities designed for the ultimate live, work and play lifestyle. .

“Our primary aim is to provide affordable, safe, clean and secure living environments and we believe Circa Lynnwood delivers exactly that and more. We believe this development will be welcomed by investors and end users once and it has already generated a lot of public interest,” says Joel Rosen of IHS.

With the amount of local amenities nearby, there has been immense market demand for apartments under R1.3 million in this area. Circa Lynnwood’s brand new studio, 1, 2 and 3 bedroom apartments have sale prices starting at just R699,000, offering buyers the chance to enter the established Lynnwood market for less than R1 million. With only a deposit of R20,000 required and bail and transfer fees included, this is a dream opportunity for professionals, families and investors. Buyers with pre-approved mortgages will be eligible for the deposit to be reduced to just R10,000!

This is a game-changing opportunity for an area with section title values ​​averaging R1,550,000. Investors can expect an estimated monthly rental income of between R6,400 and R14,000. Circa Lynnwood not only offers a reliable long-term return on investment, it is also perfectly situated for a balanced and vibrant lifestyle for all.

“With Circa’s incredible price and facilities, this is an incredible investment opportunity, both from a capital appreciation perspective for first-time home buyers, looking for a “a solid investment as they begin wealth building in their property ladder, as well as a potential investment for rental income,” says Craig Hutchison, co-CEO of Engel & Völkers South Africa.

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