Property For Sale For Residential Development In Limpopo's Second Capital, Modimolle
Posted By Broker (Date of Submission: 06/09/2016)
A stand of R10,06 ha is available for property development in Modimolle. Previously an application was approved for 336 res 1 and res 2 units on the property. This approval, however, lapsed but could be reinstated.
Modimolle is the second capital of Limpopo Province and the administrative centre for the entire Waterberg region with a fast growth rate and an ongoing shortage in housing. The site under discussion is within walking distance of a new private hospital that had been approved and will shortly be constructed for opening in 2017, and would be, amongst others, ideal for staff working at the hospital to stay close by.
At the price of only R5 million the stand for each unit would cost only about R15 000 each.
Municipal infrastructure is close buy to tap into the services.
Please feel free to contact Herman van Niekerk of Master Properties on 082 300 5974 today.Direct Contact
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