The stand on offer is situated in Saldanha, Langebaan – Western Cape
The property on offer is what one could describe as a project home. There are approved plans and the structure is partly complete but is not insured.
This means there are some costs which have already been absorbed in the value like the partial construction and then the plans which is a fairly costly expense.
The fact that this is a middle class suburb or town means it does have a growth potential and could serve either as a second holiday home or a residential home.
The stand has all the municipal utilities like the running water, electricity, tarred roads and effluent.
Saldanha is an expanding town which also adds to the growth potential.
40% deposit required if applying for a loan on vacant stand.
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