Property description

A Golden Oldie with Exceptional Potential - Plus Three Modern Income-Producing Flatlets

Some properties are simply waiting for the right owner to unlock their true potential, and this substantial residence in the sought-after Lyn De Grace Security Estate is precisely that opportunity. Situated on an impressive 2,095 m² erf with approximately 726 m² of built space, this property offers a rare combination of generous proportions, established gardens, excellent layout and existing rental income. While the main residence would benefit from modernization and renovation, the solid foundation and spacious configuration provide the perfect canvas to create something truly exceptional.

The main home comprises four bedrooms, including two en-suite bedrooms, along with three full bathrooms. The living spaces are thoughtfully arranged with two separate living areas and a dedicated dining room, providing flexibility for family living and entertaining. Two studies offer dedicated workspace or additional accommodation options. The spacious kitchen is complemented by a practical pantry and separate laundry and service areas, ensuring efficient household management. These well-proportioned rooms and logical flow demonstrate the quality of the original design, requiring only modernization to restore the home to its full potential.

Outdoor Living and Entertainment Potential

The outdoor space offers remarkable potential for creating a spectacular entertainment environment. A swimming pool forms the centerpiece of the garden, while two covered patios and a built-in braai provide multiple entertaining options. Mature established gardens surround the property, and extensive paved areas offer flexibility for landscaping and outdoor design. The generous erf size allows for creative reimagining of the entire outdoor living experience, from pool surrounds to garden design to entertainment zones. This is a property where indoor-outdoor living can be truly maximized.

An Added Investment Advantage

What makes this property particularly attractive is the inclusion of three modern flatlets, providing an established and immediate additional income stream. The flatlets currently generate a combined rental income of R22,350 per month, making this property not only an opportunity to create your dream home but also a genuine income-generating investment. This rental income can assist with holding costs while the main residence is renovated and transformed. The presence of established tenants and proven rental history demonstrates the income-generating capability of the property.

Staff accommodation is also included on the property, adding further flexibility and value. With eight parking spaces available, the property caters to multiple vehicles and provides excellent convenience for family living or entertaining guests. The 24-hour security estate provides peace of mind and professional security management, ensuring the safety and protection of your investment.

Key Features and Facilities

Spacious 2,095 m² erf in established security estate
Approximately 726 m² of built space
Four-bedroom main residence with quality proportions
Two en-suite bedrooms for privacy and convenience
Three full bathrooms
Two separate living areas for flexible family living
Dedicated dining room
Two studies for workspace or additional accommodation
Spacious kitchen with pantry
Separate laundry and service areas
Swimming pool for recreation and entertainment
Two covered patios and built-in braai
Mature established gardens
Extensive paved areas
Three modern flatlets generating R22,350 monthly rental income
Staff accommodation
Eight parking spaces
24-hour security estate with professional management

The Opportunity Before You

This is more than simply a property requiring renovation. It represents a genuine opportunity to create something truly special while benefiting from immediate rental income. The combination of space, security, development potential and existing income-generating flatlets is not easy to find in today's market. Properties offering this unique blend of features appeal to investors, developers, families seeking renovation projects and those looking to build substantial equity through both personal use and rental income.

Pictuthe possibilities: renovate the main home to your own specifications, modernize the living spaces to contemporary standards, create a stunning entertainment area that maximizes the outdoor potential, and transform this spacious residence into the luxurious family home you have always wanted. Meanwhile, the three modern flatlets continue generating reliable rental income, offsetting renovation costs and providing ongoing financial benefit. This dual-purpose approach allows you to create your dream home while building wealth through property investment.

The property's location in Lynnwood Manor, Pretoria, provides access to established residential amenities, quality schools, shopping facilities and professional services. The security estate environment ensures a safe, well-maintained community with professional management and 24-hour security. The established nature of the area means mature trees, established gardens and a sense of community that newer developments cannot replicate.

The generous erf size is particularly valuable in today's market, where land is increasingly scarce. The 2,095 m² provides substantial scope for landscaping, garden design, pool surrounds and outdoor entertainment areas. The existing mature gardens provide immediate privacy and established character, while the extensive paved areas offer flexibility for future modifications. This is a property where you can truly create an outdoor living environment tailored to your lifestyle.

Investment and Development Potential

Beyond personal use, this property offers genuine investment potential. The three modern flatlets provide proven rental income with established tenants, demonstrating the property's income-generating capability. The substantial erf size and existing structures provide options for future development or expansion. The security estate location ensures ongoing demand for rental accommodation, making this an attractive proposition for investors seeking both personal use and rental income.
The combination of the main residence, flatlets and staff accommodation creates a multi-use property that appeals to various buyer profiles. Whether you seek a substantial family home with rental income, a development opportunity, or an investment property with immediate returns, this property delivers on multiple fronts.


Bring your vision, your architect and your imagination to this property. The potential is genuinely here, and the opportunity is waiting. Properties offering this combination of space, security, development potential and existing rental income represent excellent value in the current market. This is not simply a property to purchase; it is a platform for creating your ideal lifestyle while building long-term wealth through property investment.


Contact me today to arrange your private viewing and discover what this golden oldie could become under your ownership and vision.