Fully describe this property and its income earning activities.
This vacant property is 3232 sq meters of size in Cullinan No income currently.
What is the approximate age of the buildings?
No buildings on the site
What is the zoning of the property and what can be developed thereon?
This property is Educational Zoned. Purposes for which buildings may be erected or used for are, Places of Child Care, Instruction, Public Worship , Social Hall and Sport and Recreation Club. With consent of the Municipality buildings related to the main use may be erected like, Dwelling-units, Flea Market, Residential Building and a Wall of Remembrance .
Are there building plans available?
What is the erf size and the size of the buildings?
The erf is 3232 sq meters with no buildings.
Is a property valuation available?
Is the business VAT Registered?
Is Seller finance available and for what amount?
How could the income of the property be increased?
By Developing the property.
This property is situated in the Tourist mecca of Cullinan. A few options can be developed on the site to maximize income and capital growth. Currently zoned as Educational.
A wide range of options to be developed and with a combination of land use related to the main use.
What is the reason for the sale?
Owner wants to consolidate their asset base.
Why is this property a good investment?
Many options for development to fit you need.
What is the asking price?
Selling price R 1 080 000
Annual Turnover Amount between R 500 thousand and R 6 million