The Breede River area draws property buyers looking for value for money not too far from Cape Town, while visitors and tourists are drawn to its fine wines and popular events and festivals
A two-hour scenic drive from Cape Town, the Breede Valley is made up of Robertson, McGregor, Montagu, Bonnievale and Ashton – each offering its own unique identity.
According to Aimee Campbell, property specialist for Greeff Christie’s International Real Estate in the valley, the main drawcards are the excellent value for money, reasonable distance to Cape Town (for those who love to live in the countryside and can work remotely), and the fact the area is growing in popularity thanks to events and festivals.
“Developments are also on the rise in the area with two new retirement/lifestyle estates in their early construction phase,” says Campbell.
McGregor attracts alternative and outdoor types (families and retirees alike) due to its laidback and rustic country charm.
“Sales are mostly cash, so buyers are quite affluent and stable, often purchasing properties as second homes,” says Campbell. McGregor is predominantly an English community, but has an active farming community surrounding it.
Allison Foat says: “I bought in McGregor because I found the prefect cottage for a ridiculously good price at under R1million. While it’s a tiny town, it has great food at Karoux, banting armies at How Bazaar and a few excellent wineries. For me, top notch wine is always an incentive.
“What I love to do, most of the time, is not much. Sitting on my stoep, sipping a glass of excellent Bemind Shiraz (made by Ilse Schutte in McGregor). Bird-watching is a new favourite pastime. Having an award-winning pizza while overlooking the nature reserve at Lady Grey restaurant at Lord’s, a few kilometres outside the village, is also a winner.”
Prime properties in McGregor range from R2.5m to R3.4m while larger properties fetch as much as R4.2m. Smaller cottages in the area fetch around R1.1m to R1.8m. Prices vary for lifestyle farms, which range between R4.5m and R7m. These properties enjoy a country lifestyle, but do not necessarily earn an income.
Due to the number of working families in Robertson, properties are often better priced than some of the other towns in the area, says Campbell. House prices in Robertson range between R1.7m and R2.8m in the more desirable suburbs, while historic cottages and homes fetch between R800000 and R1m.
Robertson attracts younger families because of the schools in the town, and retirees looking to scale down due to the good value properties offered. Robertson is in the heart of the farming region so many working families are involved in farming and the related services.
Tourism thrives in Robertson due to the many guesthouses, farm cottages, retreats and nature reserves in the area.
Montagu attracts many foreign buyers for its Victorian charm and hot springs. There is an abundance of restaurants, guesthouses and attractions in and it’s the gateway to the Route 62 that takes tourists and travellers to Barrydale and Oudtshoorn. There is a strong farming community and wine industry in Montagu and many businesses that service these industries.