With most people having been priced out of a parking space in Cape Town and surrounding neighbourhoods, two hotspots in the Cape Winelands are currently capturing the attention of property investors across the country.
Wellington and Malmesbury have recently become in demand due to their attractive combination of affordability, natural beauty and growth potential.John Herbst, CEO of Fine & Country Sub-Saharan Africa , reckons these areas represent compelling investment opportunities for folks wanting to escape the city or any of the other eight provinces.
The town is also home to educational institutions such as the Cape Peninsula University of Technology’s Wellington campus, along with top-tier primary and secondary schools. ‘Education is a significant attraction. Families are drawn to areas offering excellent schooling options without the congestion of larger cities.’
‘With ongoing development and infrastructure enhancements, we anticipate significant property value appreciation in the coming years.’The government’s investment in the N7 highway has also transformed Malmesbury into a more accessible and attractive destination, said Herbst. ‘There’s a burgeoning interest in agri-tourism and related business opportunities, making Malmesbury a strategic investment choice.’
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