Being geared more towards the industrial manufacturing sector, most of the suburbs are sustained by companies manufacturing stainless steel products and mining support industries and the mining of coal which is the primary source of income for the larger sector.
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The mixed use of property caters for a large income group and there are also a number of new sectional-title town houses available as investment, rental and starter homes. The architecture of the newer homes are in keeping with current building trends which adds to the overall value of the suburb.
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Being a residential suburb first and foremost it also serves as a holiday destination for the well-heeled investors seeking the opulence the homes in the suburb offers. Naturally the property values and growth are comparable to similar suburbs across South Africa.
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The property market and values are driven by demand which stems from size and property use made up of small holdings, farms and freehold homes. One feature of property in the town is the architecture which is a mixture of old world farm style charm with thatch roofs to modern designer homes more in keeping with modern trends.
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Property investment prospects have increased with the construction of the Sol Plaatje University in 2014 which means student accommodation will be up for grabs in the form of townhouse complexes close to the university. This construction has also added value to the surrounding property values.
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As far as holiday destinations go De Kelders is the ideal tranquil weekend getaway. De Kelders meaning The Caves which was derived from the caverns formed by the waves pounding the lime stone cliffs of The Klipgat Mountains of the beach front.
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Albertynshof is a well-established and upmarket suburb of the greater Kimberley. The lush gardens and tree-lined streets are a tranquil setting promoting family living.
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The suburb is a mixed use suburb which comprises commercial and residential property. The residential properties are on the middle to upper-class end of the spectrum with freehold homes, clusters and town-houses. This opens up the market to some extent to the lower end of the middle class wanting to enter the market in an upper-class suburb like Randburg.
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The property use is mixed with town-houses and freehold homes. Town-houses range from the mid R400’s to above the R600 mark and freehold homes are equally priced depending on the specific property and what they have to offer. The rental market is huge in the suburb not due to any misnomer but is in high demand partly due to the current economic climate thus making buy-to-let investments a sound prospect.
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The other benefit is the mixed property use of townhouse complexes and freehold homes. The architecture is the other draw card with mostly modern designs and loads of double-storey homes on the market. This fact would mean the suburbs residents are reasonably young or well-established families making up the ages.
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