Farm for sale in Agricultural Holding 475, Cullinan

R13,900,000
  1. Web Ref: 1144407
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Property Features

ERF Size 5.800 ha
Rates R5,000 per month

Investor’s Bargain

This prominent Commercial Retail Centre in Cullinan is finally in the market for one lucky investor. The property is situated on the corner of the R515 and the R513 (also known as Main Road). This specific corner is extremely busy with lots of feet crossing this centre every day. The Centre consist of two main buildings for retail that house 18 retail shops currently in which various tenants are accommodated in with ample parking facilities. The property also offers 5 residential dwellings that is currently occupied.

The currently land on which the properties are situated is capable of being further developed into more retail shops of even more residential dwellings or units for renting. The property is currently at a 9,5% annual return on investment.

Both the R513 and the R515 gives prominent visibility to the Centre and has a very long commercial standing history in the Cullinan area and attract many feet during every day activities.

Phone the agent now for more information or viewing.

Contact the agent

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Bertie Cilliers
Candidate Property Practitioner
Registered with the PPRA
Cnr Atterbury road and Manitoba street, Faerieglen, Faerie Glen

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