Positioned along the tranquil banks of the Kowie River, in the heart of Port Alfred's vibrant commercial precinct, this exceptional investment property represents one of the Eastern Cape's most distinguished commercial offerings.
Occupying two adjoining erven with a combined extent of approximately 3,569m², the property enjoys an unrivalled riverside setting, exceptional visibility and a strategic location within the town's established business district. Its enduring appeal, together with an enviable tenant profile, provides investors with a rare opportunity to acquire a prestigious income-producing asset in a sought-after coastal destination.
The property is fully tenanted by a carefully curated mix of respected businesses, delivering a secure and diversified rental income. The tenant complement is anchored by the acclaimed MyPond Hotel and Conference Centre, operated in conjunction with the internationally recognised Stenden University, alongside the ever-popular Ocean Basket restaurant. The balance of the development accommodates professional medical consulting rooms, a health and wellness retailer, an insurance brokerage, a vibrant riverside bar and grill, and a selection of established retail enterprises.
Beyond its immediate investment credentials, the property's position overlooking the Kowie River creates an atmosphere seldom found in commercial real estate—where business, hospitality and leisure converge in one of South Africa's most picturesque coastal towns.
Properties of this calibre, with established cash flow, exceptional occupancy and an irreplaceable waterfront location, seldom become available. Offering immediate income together with outstanding long-term capital appreciation potential, this landmark commercial investment is an acquisition of enduring value for the discerning investor. No Transfer Duty.