775 m² Land available in Malmesbury

Vacant land for sale in Newclair

Newclair is an upmarket suburb located in Malmesbury west. 775m2 Plot with relatively no slope is ideally located with a beautiful view of the opposite farmland. Easy access to Darling Road and the N7 for those who wish to commute to Cape Town CBD. Residents can also look forward to the development of the de Zwartland werf shopping mall. Plot is zoned Residential 1.

Those who wish to buy a vacant land need to be aware of the following:

- Financial institutions do not offer bonds to cover the full asking price, most offer to fund only 60% of the asking price. The purchaser would not only have to cover the 40% in cash but also the transfer and bond registration costs.

- An owner would be expected to pay monthly service availability fees for sewerage, water, refuse and electricity even though it

remains a vacant land (municipal regulation). Once a house is constructed and an occupation certificate is issued, this fee will

be replaced by normal service fees.