The new road, currently under construction, will cut the distance between Gansbaai and Cape Agulhas by more than 50%, says Ewald Langeveld of the local Aida office.
"We expect the new road will benefit the local property market. The greater Gansbaai area that stretches from De Kelders to Perlemoenbaai has seen intense development in the past four to five years as buyers overflow from the fully developed market in popular Hermanus, and better access to the many villages dotted along the new route will probably accelerate this trend."
"Gansbaai has been identified as a growth point along this stretch of coastline and a new soccer and sport stadium that will be used by international teams to prepare for the 2010 Soccer World Cup is under construction."
Langeveld adds that there is currently a high level of residential and holiday properties available. "Many sellers are willing to negotiate and there is now good value to be had. Holiday units with two bedrooms in older areas, for instance, are selling from about R700k while prices of luxury units reach levels of up to R5m."
Vacant stands are arguably a good investment at the moment. Langeveld says stands of about 600sqm cost from around R300k and there are virtually no time limits to start building. "Local building costs range from R3,500 to R4,500/sqm, depending on finishes."
For more information contact Ewald Langeveld on 028 384 1303.
Readers' Comments
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I'm responding to Ewald Langeveld's comment on the construction of the tar road from Gansbaai to Cape Agulhas. Just a correction, the new tar road will be, upon completion, 20 km (15%) shorter than the exciting tar road from Gansbaai via Stanford, Napier, Bredasdorp to Cape Agulhas. The first phase of the road from Bredasdorp to Elim was completed in December 2007 and construction on the second phase (8km) - from Uilkraalsmond to Lomond Vineyards - will commence in February 2009. Hopefully the third phase from Lomond Vineyards via Baardskeerdersbos to Elim will follow soon. It will be to the benefit of the Greater Gansbaai area, which includes De Kelders, Perlemoenbaai, Kleinbaai, Franskraal, Pearly Beach and Baardskeerdersbos. - Albert Swart
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