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COMMERCIAL PROPERTY WITH HUGE DEVELOPMENT POTENTIAL ON BUSY R72
Located on the bustling R72 Provincial road abutting the industrial area of Port Alfred, this 2.8 hectare commercial property boasts a 'Business 2' zoning, presenting an exceptional opportunity for a variety of developments. Situated adjacent to a truck stop and surrounded by farmland on the other three sides, the property offers convenient access and significant potential. Currently featuring multiple structures including a double-story face-brick home with garages and a small cottage formerly used as "Rooster’s" farm stall, the buildings are leased out, providing an additional revenue stream. While these buildings require refurbishment, the flat terrain of the property makes it highly suitable for redevelopment. Port Alfred, renowned for its mild climate and scenic surroundings of lush vegetation and rolling hills, is a favoured holiday destination. With its prime location and versatile zoning, this property offers limitless possibilities for commercial development.
If you're looking to trade the hustle and bustle of city living for tranquil coastal living, you'll find the perfect location in East Bank. This is a popular suburb in Port Alfred known for its picturesque views. Every day, you can be greeted by the sights of Port Alfred town, the Kowie River, the Royal Alfred Marina, and the vast expanse of the Indian Ocean.
East Bank Beach, just a stone's throw away, beckons...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
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