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R 2 350 000 | farm property for sale in cullinan

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Property Description

Anyone who knows Cullinan and Rayton knows that rental properties are at a premium in the area. Here is a golden opportunity to enter the rental market and earn an income whilst your tenants pay for your bond. This exceptional property consists of 6 units, all of which are currently rented out. Here you could easily achieve a rental income of some R40K per month by renting the units at a very reasonable cost or rent out five of the units whilst living in one. The property consists of the following units: Two newly built duplex units or flats, both with two bedrooms, a modern spacious kitchen in an open plan arrangement with the dining room and lounge, a modern bathroom with bath and shower and a laundry area and a lock-up garage. Each of the flats has its own electricity meter. Another flat with two bedrooms, kitchen in an open plan arrangement with the dining room and lounge, bathroom with shower and a carport. A one bedroom rondavel with kitchen, bathroom and lounge as well as a carport. A three bedroom house with kitchen, open plan dining room and lounge, bathroom with bath and separate toilet as well as a carport for two cars. A four bedroom house with kitchen, bathroom, separate dining room and lounge and carport for two cars. The 1,7 ha property has excellent water from seven boreholes of which two are equipped. It has two 5000 litre water tanks equipped with an automatic pressure pump that controls water pressure to the different units. The property at a glance: 6 Units as follows. Unit 1 (duplex/flat): 2 Bedrooms. Lounge. Dining room. Kitchen. Bathroom (bath/shower/laundry). Lock up garage. Unit 2 (duplex/flat): 2 Bedrooms. Lounge. Dining room. Kitchen. Bathroom (bath/shower/laundry). Lock up garage. Unit 3 (rondavel): 1 bedroom. Kitchen. Bathroom. Lounge. Carport. Unit 4 (Flat): 2 Bedrooms. Kitchen. Dining room / lounge. Bathroom. Carport. Unit 5 (house): 3 bedrooms. Dining room / lounge. Bathroom. Kitchen. Two carports. Unit 6 (house): 4 bedrooms. Lounge. Dining room. Bathroom. Kitchen. Two carports. 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.


Property Details

Purchase Price R 2 350 000

Building Size850 m2

Price Per SQMR 2764 m2

Type of PropertyFarm

Land Size20000 m2

Last Updated25 May 2022

Property Location

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