The gas find off the coast of Mossel Bay is set to be a major boost for the Garden Route property market, say Seeff Property Group licensees.
Stephen Larkin, an expert in southern African oil and gas exploration and chief executive of Africa New Energies, says the discovery could bring R1 trillion to the economy over the next 20 years.
This could mean huge opportunities for the Garden Route, including skills programmes, job opportunities, housing and infrastructure, says Pieter Jordaan, principal of Seeff George. Early-bird investors will reap the benefits of an already fast-growing area.
George is seen as an excellent alternative to Cape Town for semigrating buyers for reasons including value for money, security and the laid-back lifestyle