Vacant Land / Plot in Abbotsdale For Sale









Description
Affordable residential land in a rural town.
This stand slopes gently with no trees or shrubs to remove.
Municipal connection of water, sewerage and electricity still to be connected by future owners.
Buyers interested to purchase needs to be aware of the 60/40 rule for financing.
Major financial institutions can grant a bond for 60% the value of the land, while the remaining 40% needs to be available as cash.
Free pre-qualification available for interested buyers. Available deposit needed to start negotiations: R140,000.
Situated opposite Abbotsdale's flats, this new erf will have a side entrance via dirt road.
The property will form part of a larger parent property and is subject to subdivision.
Situated almost at the end of a long street with mostly foot traffic and in close proximity to the Churches in Abbotsdale.
Abbotsdale welcomes residents who enjoy a peaceful lifestyle in the more rural area of Malmesbury, where horse transport is still a common sight.
Important note:
The subdivision process will begin once an acceptable Offer to Purchase has been accepted. A portion of the purchase price will be allocated to cover subdivision costs. Registration of the property will occur once the subdivision is complete. Please take note of this step in the registration process.

