Residential Property Investments

Buy To Let Investments

Shandrani

Shandrani

Lephalale has become well known in recent years as an eco-tourism paradise and the most important hunting hub in South Africa. The Rental Demand initially was driven by the establishment and expansion of the Grootegeluk Mine in Ellisras (biggest in the World) The area around Ellisras hold 45% of South Africa’s coal reserves and more mines and power stations are planned for the area which will drive demand and the Thabametsi Power Station has recently been awarded the license by the Minister of Energy as the next power station to be erected in Ellisras which will lead to a further huge influx of people to Ellisras. We believe the macro and micro economy are well established in Ellisras and the new Power station and more coal mines and Power stations planned for the area that the demand for property and rental property will further increase.

Quick Overview:

  • Price R 1 295 000 all costs included
  • 4 Bedroom, 4 Bathroom Homes
  • Rental R 13 000
  • ROI 11%
  • Grass & Irrigation & DSTV dish included
  • Alarm System, burglar bars & Undercover braai area
  • 24 Hour Security Estate
  • Low Levies
  • 5 Air conditioning units for each Home

City: Klerksdorp

Price Range: R 1,295,000 - R 1,295,000

Available From: 01/01/1970

Return Percentage:11 %

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