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Cullinan, Cullinan, Cullinan, Gauteng
R 3 900 000
6-Unit Income-Generating Investment for Sale in a Private Self-Managed Estate Historic Cullinan This exceptional investment opportunity offers immediate rental income and outstanding long-term growth potential in the heart of historic Cullinan. The sale includes all six residential units as one complete property and they are not available for separate purchase. The property is being sold as a single investment through the sale of the Close Corporation CC, allowing the purchaser to avoid conventional property transfer costs, with only the transfer of the CC ownership required.Situated on two adjoining stands measuring a combined 3,153 m², this well-maintained private estate is located in a quiet street close to the Cullinan Golf Course and within walking distance of schools, medical facilities, shops, restaurants and Cullinan''''''''s popular tourist attractions, while still offering easy access to Pretoria.The property comprises six residential units that are all included in this sale. The estate consists of five income-generating rental units together with a spacious main residence, offering the flexibility to either occupy the main house while earning rental income from the remaining units or rent out all six units to maximise your return on investment.The main residence Unit 9, measuring approximately 121 m², offers two spacious bedrooms, two bathrooms, an open-plan kitchen, lounge and dining area, a private garden, a bird aviary and an indoor swimming pool area. This unit is currently occupied by the owner but can easily be rented to generate additional monthly income.Units 1, 2 and 4 each measure approximately 65 m² and offer one spacious bedroom, one bathroom, an open-plan kitchen and living area, as well as a private courtyard.Unit 3 measures approximately 48 m² and consists of one bedroom, one bathroom, an open-plan kitchen and living area with its own private courtyard.Unit 7 measures approximately 58 m² and offers one bedroom, one bathroom, an open-plan kitchen and living area together with a private courtyard.The estate is neat, secure and well maintained, with established gardens throughout the property. Three of the one-bedroom units have covered carports, while two of the six garages are allocated to individual units. Additional features include a rainwater conservancy tank, low combined levies of only R7,733 per month for all six units, and a fully fenced secure environment. The estate also includes three additional privately owned units that do not form part of this sale.Whether you are looking for a high-yield investment, staff accommodation, a family compound or a property where you can live while generating rental income, this is a rare opportunity to acquire all six units as one complete income-producing property in one of Gauteng''''''''s most sought-after historic towns.Contact us today to arrange a private viewing or to discuss the excellent investment potential of this unique property. Show more Show less
Estimated monthly repayment
R 36 829
on a R 3 510 000 bond over 20 years at 11.25%
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Cullinan, Cullinan, Cullinan, Gauteng
Listed by
Christiaan Molefe
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