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TWO COTTAGES TO BE SOLD COMBINED OR SEPARATELY

R 3,190,000

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6 months ago219 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):469
Parking:Garage
Description
Discover a remarkable investment in Cullinan, a prime property just 30 minutes from Pretoria and an hour from Johannesburg. Nestled in one of Gauteng's most sought-after areas, this hidden gem offers breathtaking views of Cullinan Lake and is conveniently located in the heart of Cullinan, making it an ideal choice to consider various opportunities.

Cullinan is rich in history, making it the ideal getaway for a relaxing weekend. Situated in a peaceful cul-de-sac and combining two erven (zoned as Residential 3), this property offers an excellent opportunity to invest in a thriving hospitality venture in a picturesque setting.

This property features TWO charming cottages that provide exceptional income potential, SOLD FULLY FURNISHED with all furniture, cutlery, crockery, and more!

COTTAGE 1: Measuring 130 square meters, this cottage includes 4 beautifully appointed rooms with 4 bathrooms and fully equipped kitchen. This unit can accommodate up to 10 guests.

COTTAGE 2: Measuring 152 square meters, this cottage includes 3 bedrooms with 3 bathrooms, a kitchen, a communal lounge and dining area and a large enclosed patio. This unit can accommodate up to 6 guests.

The surrounding garden, complete with rustic art, and the outdoor braai area and boma overlooking the lake enhance the experience and connect the two cottages.

Additionally, the property includes a lapa, carport and laundry area, totaling a further 187 square meters of versatile space.

This property is not just a beautiful retreat; it is a very good investment opportunity:

1. AIRBNB POTENTIAL: With various wedding venues and spas in the area, guests are always looking for accommodations, making this an ideal spot for short-term or overnight rentals.

2. CONTRACTOR HOUSING: Its proximity to the Petra Diamond Mine makes it suitable for accommodating contractors on a short or long-term basis.

3. EVENT VENUE: With facilities like a lapa and braai area available for private gatherings, a beautiful view of the lake, and accommodation in the 2 cottages, the property lends itself to a small event venue.

4. LONG-TERM RENTALS: This property can also serve as a long-term rental investment.

5. GENERATIONAL FAMILIES: This property is perfect for generational families, offering ample space and potential for a few thoughtful alterations to create separate living areas while maintaining family togetherness.

Don’t miss your chance to own a piece of paradise in Cullinan!

Pre-qualified buyers only (pre-qualification can be arranged) OR proof of funds.

Viewing by appointment only. Contact Pieter today to learn more about this exciting investment opportunity!

Property Reference #: RNR21705

Agent Details:
Pieter J Strydom
RealNet Properties
Block 12, Ground Floor
Boardwalk Office Park
Eros Street
Faerie Glen

Id Subtitle 1302321221
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Estimated monthly repaymentR 34,571
Total property loan amountR 3,190,000
Total interestR 5,106,862
Total repaymentR 8,296,862
Interest rate at 11.75% for 20 years *
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