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A Versatile Property in Port Alfred's Van der Riet Street
R 1,700,000
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General Details
Location:
Description
Nestled in the heart of Port Alfred's CBD, this corner plot offers a myriad of possibilities. Situated just a stone's throw away from the picturesque Kowie River, it is perfectly poised for a business venture, a cozy restaurant, or a charming B&B. The property is already primed for business, with zoning in place.
On entering, you'll step into a spacious area, an extension of the original home, boasting a lofty vaulted ceiling—a versatile space presently utilized for business purposes. Beyond this, you'll discover self-contained flats and storage facilities.
This property can adapt to your vision—it could serve as a grand unified business hub, an inviting restaurant, a functional office space, or a spacious residence. Alternatively, it can be partitioned into three self-contained flatlets, each featuring its own bathroom, kitchen, and separate entrance.
Three geysers, three electrical boxes, three kitchens, and multiple bathrooms provide autonomy to each unit. With a touch of tender loving care, this property has the potential to flourish as a thriving business centre, a cluster of self-contained flatlets, or return to its roots as a family home—your options are limitless.
Outside, a convenient carport and a well-sized lawn await you. The perimeter is securely fenced with wood.
Port Alfred, strategically situated halfway between East London and Port Elizabeth, boasts a rich history dating back to the 19th century. Today, it is a vibrant town of approximately 14,000 residents, celebrated for its warm-hearted locals, superb climate, and breathtaking natural landscapes.
Port Alfred's main allure is the enchanting Kowie River and its pristine beaches. Kelly's Beach, just a short stroll from the town center, beckons with its charms, offering a haven for swimmers, surfers, and sunbathers. The town also proudly hosts the Royal Alfred Golf Course, one of South Africa's oldest, providing awe-inspiring coastal vistas. Tennis, cricket, rugby, bowls, and croquet are additional beloved pastimes in the region.
In summary, Port Alfred is an idyllic destination for those in search of a rejuvenating beachside escape enriched with outdoor adventures and cultural exploration. With its breathtaking natural beauty, welcoming community, and storied heritage, it's no surprise that this enchanting coastal town is a cherished gem among South Africa's tourist destinations.
Property Reference #: 6132843
Agent Details:
Mauneen Charter
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170
On entering, you'll step into a spacious area, an extension of the original home, boasting a lofty vaulted ceiling—a versatile space presently utilized for business purposes. Beyond this, you'll discover self-contained flats and storage facilities.
This property can adapt to your vision—it could serve as a grand unified business hub, an inviting restaurant, a functional office space, or a spacious residence. Alternatively, it can be partitioned into three self-contained flatlets, each featuring its own bathroom, kitchen, and separate entrance.
Three geysers, three electrical boxes, three kitchens, and multiple bathrooms provide autonomy to each unit. With a touch of tender loving care, this property has the potential to flourish as a thriving business centre, a cluster of self-contained flatlets, or return to its roots as a family home—your options are limitless.
Outside, a convenient carport and a well-sized lawn await you. The perimeter is securely fenced with wood.
Port Alfred, strategically situated halfway between East London and Port Elizabeth, boasts a rich history dating back to the 19th century. Today, it is a vibrant town of approximately 14,000 residents, celebrated for its warm-hearted locals, superb climate, and breathtaking natural landscapes.
Port Alfred's main allure is the enchanting Kowie River and its pristine beaches. Kelly's Beach, just a short stroll from the town center, beckons with its charms, offering a haven for swimmers, surfers, and sunbathers. The town also proudly hosts the Royal Alfred Golf Course, one of South Africa's oldest, providing awe-inspiring coastal vistas. Tennis, cricket, rugby, bowls, and croquet are additional beloved pastimes in the region.
In summary, Port Alfred is an idyllic destination for those in search of a rejuvenating beachside escape enriched with outdoor adventures and cultural exploration. With its breathtaking natural beauty, welcoming community, and storied heritage, it's no surprise that this enchanting coastal town is a cherished gem among South Africa's tourist destinations.
Property Reference #: 6132843
Agent Details:
Mauneen Charter
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170
Id Subtitle 1269569658
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Estimated monthly repaymentR 18,424
Total property loan amountR 1,700,000
Total interestR 2,721,525
Total repaymentR 4,421,525
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Lew Geffen Sothebys International Realty
Selling for 3+ years
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