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  • Mandate: 33934
  • Added: 22 May 2020
  • 71

Educational stand in Cullinan.

Gauteng, Pretoria
71
Mandate 33934
Added 22 May 2020
R 1,080,000* ZAR
Stock: R 0
Assets: R 1,080,000
Jannie van Vuuren
Aldes Focus
Gauteng
Summary

Within the Tourist historic village of Cullinan. Walking distance from the center of the tourist mecca. This stand is zoned for Educational and buildings may be erected for Places of Child Care, Instruction , Worship and Sport Club. With Municipality consent Dwelling units and many other land use, can be applied for by definition related to the main use. The size of this vacant stand is 3232 sq meters.

Educational stand in Cullinan.
SELLING PRICE
R 1,080,000* ZAR
Stock: R0
Assets: R1,080,000
Summary

Within the Tourist historic village of Cullinan. Walking distance from the center of the tourist mecca. This stand is zoned for Educational and buildings may be erected for Places of Child Care, Instruction , Worship and Sport Club. With Municipality consent Dwelling units and many other land use, can be applied for by definition related to the main use. The size of this vacant stand is 3232 sq meters.

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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?
No

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?
No.

Is the business VAT Registered?
No

Is Seller finance available and for what amount?
No

How could the income of the property be increased?
By Developing the property.

Strengths?
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.

Opportunities?
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

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FRANCHISE DETAILS

Aldes Focus

6 members
50 active mandates
Gauteng
Menlyn Woods Office Park Office Block C 291 Sprite Street Faerie Glen
0081

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