Commercial Property for sale in Port Alfred Central, Port Alfred, 31-37 Van der Riet Street, Port Alfred Central, Port Alfred, Eastern Cape, 2755 m²

Port Alfred Central, Port Alfred, Eastern Cape

Commercial Property

ZAR 22,000,000

• 2,755 sqm
• 3,569 m² plot

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 se…