East London Property | Houses

East London property is situated in the Eastern Cape's second largest industrial centre. Originally formed as a settlement around the only river port in South Africa, the city was known as Port Rex until it received city status in the year of 1914. From humble beginnings to industrial acclaim, East London today is the location of a major Daimler plant that manufactures Mercedes parts for the South African market and the USA (one of the dominant employers in the region). Other large industries include:

»  Textiles

»  Clothing

»  Pharmaceuticals

»  Food processing

The city is ideally situated as a set-off point for these industries, as it has fantastic transport links with the rest of the country by means of the N2 and N6 highways, as well as the East London airport that has daily flights to and from major SA cities. To encourage investment in East London houses and properties, an IDZ (Industrial Development Zone) has been fostered on the West Bank, in a location that is within close proximity to both the water and airport. Here, investors and developers can have their pick of 1500 hectares of land that comprises one of only four duty-free development areas in the whole of South Africa.

The tourism industry is also faring well, especially since marketing campaigns have been deployed to entice visitors to the region. Accommodation options are limited to a handful of hotels however, and with increasing numbers of tourists there is a gap in the market for alternative accommodation options such as B&B's and guesthouses. This could potentially be a great investment opportunity for individuals who are keen to go into the hospitality industry.

Further along the coast one finds a great selection of small holiday resorts that offer a great setting for a family holiday. These include:

»  Yellowsands

»  Glen Eden

»  Gonubie

»  Queensbury Bay

»  Chintsa

With all of these innate attractions, East London real estate represents an investment opportunity ripe for the plucking. Why not enquire with one of our helpful real estate consultants and find out more about East London properties. Own a unique piece of real estate in East London - one of the prime areas for property in South Africa.

• Residential Sale Property Ranging from R600,000 to R2,200,000