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Property For Sale > Western Cape > George > Loerie > Web Reference: P24-324165422
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R 600 000
 
Vacant land / plot for sale in Loerie, George
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Erf size: 150000 m²

Description

NO STRESS HERE

14,5ha Smallholding with three bedroom, one bathroom house. Eskom power and municipal water. Beautiful country and mountain views. Needing some TLC. Retreat to this peaceful small town. Ideal for weekend GET-A-WAY. Retirement farm or new beginnings. Apart from hosting the annual Naartjie Festival the small town of Loerie has an interesting history.
Early Settlers were in the area as early as 1745 and the first farms were awarded in 1817. Floods, droughts and the big fire of 1869 took their toll on the pioneers of the area, but the community expanded rapidly and the first school was opened in 1890. The first bridge across the Gamtoos river opened up the area and eased the lives of the farmers considerably. The inhospitable terrain with primitive roads was a nightmare with regards to transport to and from the markets in P.E. and Uitenhage. Everything had to be transported by ox wagon and a trip took a few days. In 1899 it was decided in Parliament that a narrow gauge railway line would be built from P.E. to Avontuur. It was completed in 1906 and started new optimism in the whole valley. Farmers only had to bring their produce to Loerie from where it was taken further by train. In 1914 the line was extended to Patensie. In 1905 the S.A. Kerosene Oil Shale Syndicate started prospecting for oil at Loerie and after favourable finds, options were taken out on 27 farms in the Loerie-Taaiboslaagte area. However, nothing came from it due to financial reasons. For a while coal was mined in the area where the Loerie dam is now. Prospectors also looked for gold in the Loerie River, but only small traces were found. The pine plantations, Longmore and Otterford were started in 1918. Most of the work force were soldiers who had returned from the first World War and in 1922 their numbers were strengthened by strikers sent here by the Smuts government. The area was densely populated and at least 12 schools existed at one or other time. By the 1930's the Otterford school boasted of more than 300 pupils and a hostel had to be built for the teachers. In 1933 the Eastern Province Cement Company (later PPC) obtained a farm in the Kleinrivier area and started the construction of a 14 km cable way to Loerie. Production started in 1934. High quality lime stone was mined here until the late 1990's. Sadly, the cable way that became a landmark was removed after the mine was closed.
Thuyspunt is a rocky stretch of coast approximately 12 km WNW of Cape St Francis, west of Thysbaai beach and SE of Oyster Bay (Oesterbaai), a small coastal village, and Humansdorp, an administrative and industrial town servicing the Kouga region and rich farming area.
Thuyspunt (Thyspunt) has become a significant area in the Eastern Cape Province of South Africa as it has been identified by the South African electricity company, Eskom, as the site for a future nuclear reactor. The Nuclear Power Station will, without doubt, substantially boost the economic growth of the surrounding areas. Other nearby villages and towns set to benefit are:
St Francis Bay a coastal village, situated about 18kms SSW of Humansdorp, has a unique canal system, building style and access to the Kromme River. It has attracted both national and international investors for years. Luxurious holiday and permanent homes are testament to its popularity. Vacant land and up-market apartments at Port St Francis are also appealing options Golfers come from far and wide to play on the local St Francis Bay Golf Course and the challenging St Francis Links where homeowners experience exclusivity, security and clubhouse facilities. A variety of other sporting facilities are available in the Village. Notable for surfers, it is the home of the famous Bruce's Beauties.
Cape St Francis, a five-minute drive away with its historical lighthouse built in 1878, has a magnificent beach and residential properties are also popular for holidaymakers and permanent homes. Nature trails crisscross the area giving much pleasure to those who love the indigenous fynbos and rocky coastline.
Jeffrey's Bay, another coastal town, is famous for the Billabong Surfing Competition and enthusiastic champions and locals turn up regularly to experience the super tubes for which the area is known. Modern shopping malls service the area and there is a demand for townhouse developments.


Details

Property Details
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Type of Property
Vacant Land
Erf Size
150000m²
Rooms
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Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
1
Contact agent Contact agent
Web ref: P24-324165422
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Bond costs Bond costs

Approximate bond cost - R 5 398p/m (assuming 9% interest rate and 20 year period with no deposit).

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