This historic accommodation establishment in Port Alfred offers an incredible investment opportunity with breathtaking views of the Royal Alfred Marina and Indian Ocean. With 36 en suite bedrooms, this property has the potential to attract a variety of clientele. The multitude of reception areas, offices, entertainment venues and conference rooms add to the appeal. Additionally, three adjacent properties with fourteen apartments are available at an optional extra for a further R5M, providing even more potential for expansion. The property is conveniently located adjacent to the main East London/Port Elizabeth highway (R72), making it easily accessible. All reasonable offers will be considered, but we highly recommend a viewing to fully appreciate the potential of this property.
Features
36
36
Interior
Bedrooms
36
Bathrooms
36
Kitchens
1
Sizes
Floor Size
2,749m²
Land Size
8,298m²
Extras
House Style: Contemporary • Views: City • Views: Sea / Ocean • Locality: Close To Beach • Locality: Close To Schools • Locality: Close To Shops • Land Contour: Flat To Sloping • Condition: Good
History
In the early 1820's Port Frances and Port Kowie were founded. In 1841 South Africa's first man made harbour was opened here. After numerous name changes, in 1860, Port Alfred was renamed in honour of Prince Alfred, Queen Victoria's son.
Location
Port Alfred is located between 2 cities, Port Elizabeth and East London, on the breath-taking Sunshine Coast of the Eastern Cape. The distance from Port...
More Info
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
