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R 1 420 000 (85 285 EUR*)

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3
2
± 991 m2
± 168m2
R 830.0  / m

Property Features
Dining Room
Family/TV Room
Garden
Pets Allowed

Excellent investment Property. Close to most amenities.

This dwelling is a very well maintained family home and is ideal for a young couple to start a big family. It offers you as a potential buyer 34 bedrooms, all bedroom have built in Cupboards. It also have 1 bathrooms with a separate guest toilet.

A spacious kitchen with separate scullery.

The lounge and dining area, separate TV area and separate entertainment are neatly tiled


Outside the outbuilding offer a carport suitable for 2 vehicles,

Security wise the property is equipped with security on the windows and doors. Further it is surrounded by high walls and security gates.

There is also a 1 bedroom flat.

In order for you to purchase this lovely property, your income before deductions must be R 36 500 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 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.

Al lot of factors influenced this decision, the distance from the steel mines in Sishen to New Castle. The transport and water. From 1972 to 1977 the largest expansion period for Vanderbijlpark Works followed. Iron making facilities were extended and the steel making processes modernized by the commissioning of basic oxygen furnaces and electric arc furnaces. A colour coating line established at the South Works and a whole new works – the North Works was established to manufacture wide hot-rolled, cold-rolled and galvanized products.


Details
Bathroom 1: 

Toilet (Separate)

Out Building: 

Flatlet

Listing Number: 

109859423



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