Sectors / Category

Annual turnover

|
  • Mandate: 34017
  • Added: 13 May 2020
  • 144

Develop units on zoned vacant erf in Cullinan

Gauteng, Pretoria
144
Mandate 34017
Added 13 May 2020
R 1,650,000* ZAR
Stock: R 0
Assets: R 1,650,000
Jannie van Vuuren
Aldes Focus
Gauteng
Summary

Enjoy the open landscaping in this little town . The property is near the shopping center and schools. Develop townhouse units at affordable prices.

SELLING PRICE
R 1,650,000* ZAR
Stock: R0
Assets: R1,650,000
Summary

Enjoy the open landscaping in this little town . The property is near the shopping center and schools. Develop townhouse units at affordable prices.

To gain access to more business info
please supply us with your details below

Fully describe this property and its income earning activities.
This vacant property is 2319 sq meters of size. It is Zoned for sectional tipe of townhouses. There is no income on the vacant stand.

What is the approximate age of the buildings?
No buildings on site.

What is the zoning of the property and what can be developed thereon?
The zoning was approved. The Bulk service contribution needs to be paid and electrical supply and meters to be installed. The Coverage is for 40% and the FRF is 0,06 . Concept Plans was designed for units of 135 and 155 sq meters. With the approved density as zoned, smaller units can be designed to fit a wider target market and price range.

Are there building plans available?
No

What is the erf size and the size of the buildings?
The vacant erf size is 2319 sq meters.

Is a property valuation available?
No

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Monthly returns on file

Is Seller finance available and for what amount?
No

How could the income of the property be increased?
Development of the property as sectional townhouses will create capital growth and /or rental income.

What is the monthly rates and taxes payable to local authority?
The rates and taxes is approximately R 966,00 pm.

What are the main assets of the business?
The vacant stand is zoned for sectional units.

Strengths?
This vacant stand is very near to the local schools and the shopping center of Cullinan The zoning for townhouses makes the property a good investment for development. Access tarred roads to the site. Enjoy this little town with good infrastructure.

Opportunities?
A well priced developed unit will sell or give a good return on investment for buyer.

What is the reason for the sale?
The owner wants to consolidate asset base.

Other listings by Jannie
R 1.08MZAR
Added : 22 May 2020 71
Yearly profit: R0
Gauteng
R 1.65MZAR
Added : 23 Apr 2020 165
Yearly profit: R0
Gauteng
R 46.00MZAR
Added : 21 Apr 2020 249
Yearly profit: R0
Gauteng
FRANCHISE DETAILS

Aldes Focus

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

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 1.08MZAR
Added : 22 May 2020 71
Yearly profit: R0
Gauteng

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 1.95MZAR
Added : 21 May 2020 209
Yearly profit: R968,085
Gauteng
R 980KZAR
Franchise
Added : 5 May 2020 878
Yearly profit: R531,084
Gauteng
R 550KZAR
Added : 21 Apr 2020 550
Yearly profit: R250,675
Gauteng
R 1.00MZAR
Franchise
Added : 13 Apr 2020 414
Yearly profit: R469,853
Gauteng
R 620KZAR
Added : 9 Apr 2020 727
Yearly profit: R249,288
Gauteng
R 635KZAR
Added : 3 Apr 2020 566
Yearly profit: R241,920
Gauteng
R 2.30MZAR
Added : 2 Apr 2020 644
Yearly profit: R990,739
Gauteng
R 795KZAR
Added : 19 Mar 2020 611
Yearly profit: R390,122
Gauteng