Shandrani – Lephalale

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 (one of the biggest mines in South Africa)  The area around Ellisras holds 45% of South Africa’s coal reserves and more mines and power stations are planned for the area which will drive demand. The Thabametsi Power Station has recently been awarded the license by the Minister of Energy as the next power station to be erected in Lephalale which will lead to a further huge influx of people to Lephalale.

We believe the macro and micro economies are well established here. The exisiting Power station and additional coal mines and Power stations planned for the area will further increase the demand for property and rental property.

Quick Overview

  • Price R 1 395 000 all costs included
  • 4 Bedroom, 4 Bathroom Homes
  • Rental subsidy up to R15 000
  • Nett Yield 12%
  • 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

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