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R 2 690 000 Bond Calculator

Farm for Sale in Lewzene Estate

45 Philip Road, Lewzene Estate, Cullinan


Farm for Sale in Lewzene Estate

45 Philip Road, Lewzene Estate, Cullinan

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Erf Size: 1.54 ha

Exceptional 1,5434-hectare investment property in Lewzene, Cullinan

Welcome to this exceptional 1.5434-hectare investment property, a rare opportunity to own a versatile and highly profitable asset.

This expansive property features six fully renovated units, each designed for comfortable, independent living, and offers substantial potential for further income generation.

Current Rental Income: R 31 500-00

Each unit is equipped with a prepaid electricity meter for easy utility management, and the property benefits from a reliable borehole water supply.

Renovated Units:
Units 1 & 3 - 2 Bedrooms, Lounge, Kitchen, Bathroom, Double Carport, Garden, Private Entrance.
Unit 2 - 1 Bedroom, Lounge, Kitchen, Bathroom, Double Carport, Garden, Private Entrance.
Units 4, 5 & 6 - 3 Bedrooms, Lounge, Kitchen, Bathroom, Double Carport, Garden, Private Entrance.

The property includes a spacious 5-bedroom main house and a 4-bedroom second house, both requiring renovation, but brimming with opportunity.

The main house can be converted into three additional units, while the second house has the potential to yield two or three more units, significantly boosting rental income.

Conveniently located near schools, shopping centres, and essential amenities, this property is highly appealing to tenants and investors alike.

With its blend of ready-to-rent units and extensive expansion opportunities, this property is a remarkable find for growing your investment portfolio or launching a new venture.

Don’t miss out—schedule your viewing today!


Property Overview

Listing Number
115327686
Type of Property
Farm
Street Address
45 Philip Road, Lewzene Estate
Size of farm
1.543 ha
Rates and Taxes
R 1 000

Building

Backup Water
Borehole, Water Tank

Farm Details

Distance From Town
0Km

Other Features

Internet Access
ADSL, Satellite

Education

Gekombineerde Skool Cullinan
2.17km
Chokoe Primary School
2.40km
Chipa-Tabane Secondary School
2.97km
Sedibeng Primary School
3.30km
Laerskool Rayton
8.79km
Edendale Pepps School
9.68km

Sports and Leisure

Diamante
7.35km

Transport and Public Services

Shell
1.17km
Total
1.41km
Cullinan
2.33km
Cullinan
2.47km
Saint Peter Catholic Church
2.48km
Caltex
2.60km
Montrose
3.59km
Rooiskag
6.92km
Van der Merwe
8.00km
Engen
8.01km
Traffic
8.39km
Rayton
8.64km
Total
8.98km
Rayton
9.05km

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Agents

Chrizelle van Nieuwenhuizen
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Tanya Coetzee
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Auction-All Office
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