Affordable Welkom a wonderful option for retirees

Welkom is the Free State’s second biggest city with a well-developed infrastructure – but it is also an ideal location for retirees looking for affordable homes and a peaceful lifestyle.
That’s the word from Brendon Calldo, principal of the local RealNet franchise, who says: “Welkom offers incredible value for retirees wishing to bring down their living costs and enjoy a safe, friendly and less frantic environment.

This lovely nature reserve and function venue located between Welkom and Kroonstad is for sale through RealNet for R11,35m
“It is possible to sell one’s large home in Johannesburg, Pretoria or Bloemfontein and purchase a retirement house or townhouse here with plenty of money to spare. Finding a house for less than R1m is difficult in most other cities around the country, but we still have such properties in abundance, even though prices are rising now.”
He says the starting price for two-bedroom homes in Welkom is around R410 000, that for three-bedroom homes around R580 000, and that for four-bedroom homes about R820 000.
“In suburbs such as Flamingo Park and Riebeeckstad, we currently have several good quality three-bedroom, two-bathroom homes listed for between R600 000 and R750 000, while at the top end of the market, we have four bedroom executive homes in St Helena, Dagbreek and Jim Fouche Park listed for between R2,1m and R2,9m.”
For those who would prefer an apartment or townhouse, three-bedroom options are available at prices from around R500 000, while one and two-bedroom options, which are also attractive to buy-to-let investors, start at around R200 000.
“And Welkom also has many houses at prices from as little as R250 000 which, with an upgrade, can become excellent investments,” Calldo says.
What also helps to make the city a good option for retirees in the fact that it has two private hospitals, Mediclinic Welkom and St Helena Hospital, and is only 90 minutes from the Universitas academic hospital in Bloemfontein. It also has several retirement villages with frailcare facilities. 
In addition, the city offers top-class shopping and entertainment at the Goldfields Mall and Welkom Square shopping centres and the Goldfields Casino. It also has many lovely parks, dams and nature reserves, including two bird sanctuaries; a well-established golf club, a Virgin Active gym and a small airport offering daily flights to Johannesburg.
Meanwhile, for the more adventurous early retiree or entrepreneur looking for a good local business opportunity, RealNet is currently marketing a 673ha nature reserve and game farm for R11,35m. (See photos)
“Located between Welkom and Kroonstad, this is registered with the Tourism Grading Council as a three-star private game reserve and is well-known for its camping facilities and as a wedding venue with its own chapel,” says Calldo.

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 23 Jan 2018
      Many people only start thinking about home-ownership when they are ready to “settle down” or start a family, which is why first-time buyers these days are generally in their mid-30s, compared to those in the previous generation who were usually in their mid-20s.
    • 22 Jan 2018
      Moving away from the city to a country or coastal town and a slower-paced life is a frequent new-year resolution for South Africans, but thorough research should be done before you break free from the hustle and bustle, because making the wrong move could turn out to be a very expensive mistake, and even more stressful for you and your family than staying in the “big smoke”.
    • 22 Jan 2018
      Cape Town is home to many breathtaking and historic homes, but House Invermark designed in 1969 by South African architect Gilbert Colyn, with inspiration from two modernist icons: the Glass House by Phillip Johnson and Farnsworth House by Ludwig Mies van der Rohe is in a class of its own.
    • 22 Jan 2018
      2017 was a challenging year for the South African property market in general, despite small pockets of thriving activity in areas like the Western Cape. As we head into 2018, Tony Clarke, Managing Director of the Rawson Property Group, casts his eye forward to property trends and market influences that could make their impact felt in the New Year.
    • 19 Jan 2018
      Extending from Randfontein in the west to Roodepoort in the east and including the towns of Krugersdorp and Magaliesburg, the West Rand has a plethora of property available to residents who choose to make this unique area their home.
    • 19 Jan 2018
      When it comes to financial planning, doing the work to ensure you’re prepared for unexpected emergencies is just as important as ticking off your other goals and New Year’s resolutions. The beginning of the year is also the perfect time to review your various insurance policies.
    • 19 Jan 2018
      No surprises at the first Monetary Policy Committee of 2018, as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would stay at their current levels.
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us