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R 275 000 | farm property for sale in cullinan

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Property Description

Consider living in an idyllic country setting on this 1 200 ha game reserve near Cullinan in Gauteng. Here you could live permanently or develop your holiday or weekend home. Here is a magnificent reserve with lots of very tame free roaming game coming up to the doorsteps of houses in the reserve waiting for you to buy your house. Purchase a share in the property and own, not only part of the company, but also a large stand of approximately 10 hectares depending on the site. There are a large number of these stands with each share being allocated a stand. The price of the share depends depending on the stand selected with prices varying between R 275 000 and R 425 000. The game reserve is currently in an unbonded (debt free) share block scheme making it a risk free investment. Even though the greater reserve will remain in the share block company, there is a process underway to register the stands with the deeds office so that each stand will also have a title deed. The only reason why this is being done is so that each share holder will also have a title deed for his stand so that he can go to the bank for a bond to build his house. Although stands are advertised as 10 ha each, there is additional open use areas around each stand to the extent that some 17,5 to 25 ha are retained around sites. The purchaser is allowed to build his own house on his stand as long as it complies with certain conditions that are agreed in the use agreement. Except for a few stands that have exclusivity for additional development, each stand can be developed up to a double volume structure of 540m2 with a footprint of 270 m2. Roof construction will be eby non-reflective material with colour that matches the natural environment. Building materials and colours used in building the house must also match with the natural environment. Each site must be powered by solar electricity whilst water is supplied by the estate from a number of boreholes at no extra cost so no drilling for water will be necessary. The share block’s architectural committee will approve each site’s development plan to ensure acceptable structures are being erected. Also available are shares in the game at R100 000 per share totalling roughly 8,3% of the total offering with expected earnings per share of 25% per annum and more. The earning from breeding game during the previous season was some 33%. To make the purchase easy there are a number of easy financing options available both for purchasing your share in the game reserve and/or in the game. From the higher areas the views over the surrounding landscape is breath taking. The Elands River cuts through the property and is particularly wide and attractive in the reserve. A number of species of game roam freely on the farm which creates a real game reserve atmosphere. With the blocks being between 17,5 and 25 ha in size there will always be significant open space for the game to roam so that individual stands will not lose its exclusivity. Also on the property is a picnic area that is for use by all the owners. Here the kids, or dad for that matter, can enjoy some fishing and a braai whilst various species of game are grazing in the back ground. Currently roaming on the property are, amongst others, Wildebeest, Eland, Impala, Zebra, Giraffe, Waterbuck, Blesbuck, Bushbuck, Kudu, Ostrich, Warthog and many of the smaller game species such as Steenbuck and Duiker. With the estate being professionally managed by a managing organisation one can expect to live in tranquil, trouble free surroundings, be it permanently, for a weekend or a for holiday. Within a quick drive of Cullinan (at approximately 27 km) with its schools, doctors, shops and restaurants and its famed tourist area, this farm offers everything the serious nature lover could want. Cullinan is popular amongst people who want to live the small town lifestyle, whilst being within a short, easy drive of the businesses, shopping malls and amenities of the city. Here you can live whilst commuting to work in the city and then grow old and retire in peace in this gem of a game reserve. Contact Living Link Realty today and enjoy a personalized viewing of this property. Living Link Realty offers you the unique one stop real estate option, dealing with sales, rentals and commercial properties in Pretoria, the Greater Gauteng, Cullinan and Rayton areas. Living Link Realty offer assistance with finance or any other property related query. Garages : 0 Rates :R0


Property Details

Purchase Price R 275 000

Type of PropertyFarm

Land Size100000 m2

Last Updated19 Nov 2020

Property Location

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