Property Two new property investment hotspots emerging in South Africa Luke Fraser · 21 Jul 2024 Two locations in the new Cape Winelands are emergency hotspots for property investors and lifestyle seekers. Attention has turned to the promising areas of Wellington and Malmesbury, which offer a blend of affordability, natural beauty, and growth potential. John Herbst, CEO of Fine & Country Sub-Saharan Africa (SSA), broke down why these areas are attracting interest and what makes them prime investment opportunities.
"Wellington is often overshadowed by its more famous neighbours like Stellenbosch and Paarl, but it offers an incredible quality of life," said Herbst. Wellington is found at the foot of the Groenberg Mountain, which has picturesque vineyards, rolling hills, and a charming small-town atmosphere. The slower pace of life and proximity to major centres make it an attractive option for those who want to balance convenience and tranquillity.
A vineyard in Wellington, South Africa The Bovlei Winery in Wellington is the second oldest winery in the country, where the world-famous Bains Whisky is made. The town is also home to renowned educational institutions, such as the Cape Peninsula University of Technology's Wellington campus and top-tier primary and secondary schools. "Education is a significant drawcard.
Families are looking for...
Luke Fraser.
