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 ref # 4711163

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R 699 999 (41 055 EUR*)

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3
1
1
± 85m2
R 220.0  / m
R 1300.0  / m

Property Features
Garden
Kitchen
Lounge
Pets Allowed

This property is a 3 bedroom unit with lounge, kitchen. The unit is 85 m². Rooms are big and spacious.

Each unit has a locked garage.

There is large play area for children within the complex premises.

The driveway access gate and garage door are motorised.

In order for you to purchase this lovely property, your income before deductions must be R 20 000 or more. This is at an interest rate of 8 %. It can be a combined income. This combined income does not have to be husband and wife. You can buy with a friend or a work colleague together.

West Park and Kwaggasrand and Proclamation Hill is 3 suburbs in the West of Pretoria. Approximate 13 Kilometers from Pretoria CBD. It was established by Iscor LTD as a residential area for their workers. Iscor had a huge training facility for technicians. They had a huge shortage of housing for all the personnel. This led to the development of these 2 suburbs.
Part of their training was to develop and building of the houses and infrastructure.

Iscor (Iron Steel Corporation) was founded in 1928 by Demag, as a state company. Iscor is now known as ArcelorMittal South Africa. The objective of the company were to produce iron and a range of steel products, and to create employment opportunities. Production at the Pretoria plant started in 1934. On 4 April 1934 the first steel was tapped from the open-hearth furnace at the Pretoria Works. Wartime needs for steel and the local manufacture of numerous necessities brought about a sharp increase in demand. Iscor had to expand, and the Pretoria works had reached their limit of growth.

On 17 May 1969 the South African Government decided that Iscor must be decentralize the industry away from from the Witwatersrand complex and to promote the industrial development to New Castle, the best watered province in South Africa. Newcastle, as a border area with an adequate supply of labour, and with the Amcor ironworks that could be taken over to save on initial capital costs as well as to provide an outlet for the iron which was at that time being exported to Yawata in Japan was therefore chosen.


Details
Listing Number: 

109966886



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