Prime Redevelopment Opportunity on the Banks of the Kowie River

Port Alfred Central, Port Alfred, Eastern Cape

Apartment Block

ZAR 8,200,000

• 44 bedrooms
• 16 bathrooms
• 5,832 sqm
• 5,832 m² plot

Perfectly positioned along the scenic Kowie River and within walking distance to Port Alfred’s West Beach and Stenden University, this expansive property presents exceptional potential for redevelopment or adaptive reuse. Zoned for general residential and commercial use, the site lends itself to a range of possibilities — from a mixed-use precinct incorporating hospitality, student accommodation, or retirement living, to boutique residential or tourism-oriented projects. Its proximity to key amenities, transport routes, and the town’s leisure attractions enhances its appeal for investors and developers with vision. The existing structures include a large, multi-room hotel building with a traditional layout featuring communal areas, a kitchen, and reception spaces, as well as additional accommodation blocks, outbuildings, and parking facilities. While the original buildings are in need of restoration, the site’s generous footprint, established trees, and garden space allow for thoughtful redesign and expansion. This is a rare opportunity to revitalise one of Port Alfred’s most prominently situated properties—a landmark site offering both strategic location and flexible zoning, idea…