2,401m² Vacant Land For Sale in Cullinan

R932,800

753 Park Road

Monthly Bond Repayment R10,108.82
Calculated over 20 years at 11.75% with no deposit.

Web Ref No NVB82724

Price drop - Perfect buy for 2021

This property situated in South Road is a consolidation of three erfs, each 800sqm now on erf 2401 sqm, zoned as "Residential" for rate purposes.
According to the Title Deeds,
"The erf and the buildings erected or to be erected thereon, shall be used solely for the purpose of a dwelling-house...and with the consent of the local authority for places of public worship, social halls, institutions, places of instructions, special uses and such other uses as the local authority may permit."
"The height of buildings shall not exceed 2(two) storeys."
"The total coverage of buildings shall not exceed 50% of the area of the erf"
Again, there is no other empty property of its size nearby (except Erf 441), let alone with the capacity of a possible double storey dwelling house/palatial home with an overall living area of 2400sqm. That is, two floors of approximate 1200sqm of living area each.
All other adjacent empty erfs are only 800sqm.

Overall, we cannot do justice when describing the possibilities of these two erfs, situated in Cullinan, a quant an attractive place to visit and live. Hence, we have extracted the following from the internet page of "South African Tourism-The historic village of Cullinan in Dinokeng":
"Cullinan is a small, well-preserved 19th century mining town east of Pretoria. Founded in 1902 and named for the founder of the Premier Diamond Mine, Sir Thomas Major Cullinan, this semi-rural community consists of mining families, farmers, artists and on weekends, bikers and families looking to escape to the country.

Features

Land Size 2,401m²

Extras Views: City
Locality: Close To Schools
Locality: Close To Shops
Locality: Close To Transport
Land Contour: Flat
Water Supply: Town Supply
Sewerage: Mains