Rikus Grobler | Oct 18, 2017 | 0
Trustco Properties looks to alleviate housing shortages in Ondangwa
Trustco Properties launched its latest development in Ondangwa entitled Ombala Estate. The group launched the project a day after announcing their financial result for the year ended 31 March 2017.
The development plans are set to assist in alleviating the housing shortage crises, by offering affordable 2-bedroom 1-bathroom homes with beautiful finishes.
Trustco in a statement said the plot and plan options are available on erven starting from 310m2, and a starting price from only N$ 689,000, which generously includes the transfer and conveyancing costs. First time buyers are encouraged to purchase their luxurious home at Ombala Estate with no deposit required for pre-approved clients.
Ombala Estate is centrally situated in Ondangwa, and all erven are constructed on tarred roads with state of the art water drainage systems, as well as power lines. The erven also have room for future expansion, meaning owners can add a room, bathroom, or garage.
The Ondangwa Development land was purchased by Trustco Properties in 2011 with the sole aim of alleviating the housing crisis and entice Namibians to own homes. This development spans 130 103 m2, and not only caters for the residential market, but Extension 11 also includes commercial business and light industrial erven, immediately ready for sale.
Schalk Kruger, COO of Trustco Properties added, “This development is to empower the people in the North to rise their standard of living and live like royalty as the name fittingly suggests. These homes will be affordable while offering quality for first-time home owners and investors”.
Trustco Properties, is a subsidiary of Trustco Group Holdings, and boasts as a powerhouse in the property industry with developments such as Elisenheim Lifestyle Estates, Farm Herboth and Lafrenz Industrial Park.