Commercial for sale
Riverside business lifestyle in Port Alfred’s bustling commercial heart, offering unrivalled Kowie River views, on-site hotel and dining, diversified tenancies — secure income and exceptional waterfront visibility.
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.
Listed for sale at R22,000,000
Port Alfred Central offers a relaxed coastal lifestyle characterized by its scenic river views, convenient access to essential amenities, and a welcoming community atmosphere perfect for families and retirees alike.