#RetirementLiving - Issue 47 April/May 2020 April/May 2020 | Page 27

INVESTMENT NT: STOR’S DED AS ONE OF THE ’S ATLANTIC SEABOARD. VESTMENTS? suburb investor’s point of view, Sea Point remains as attractive as ever. Seeff ies describes it as ‘a lively suburb’ and the ‘hub’ of the Atlantic Seaboard: , brimming with character and boasting a blossoming property Of course they’d say that – they’re trying to sell property. But Wesgro’s Western Cape Property Report backs them up, pointing out that, from perspective, ‘after a brief pause in 2018, both freehold and sectional es [in Sea Point] began rising again in 2019.’ Nearly half (45%) of recent n Sea Point were young adults, while a further 14% were middle-aged, ting, as Wesgro put it, ‘the relatively young age of recent buyers’.