2,755m² Investment For Sale in Port Alfred Central

R22,000,000

31 - 37 Van der Riet Street

Web Ref No CL4034

Prime Commercial Investment Opportunity on the River in Port Alfred

Positioned in the heart of Port Alfred’s central business district, this landmark riverside property presents a rare opportunity to acquire a fully tenanted commercial asset in one of the Eastern Cape’s most scenic and strategic locations. Set across two erven measuring a combined 3,569m² (37 van der Riet Street: 2,141m² and 31 van der Riet Street: 1,428m²), the property offers generous space and an excellent long term investment. Its premium location along the picturesque Kowie River ensures both high visibility and a vibrant atmosphere that continues to attract quality tenants and steady foot traffic. The property is tenanted with a diverse and reputable mix of businesses, including a Hotel and Conference Centre, Ocean Basket Restaurant, medical consulting rooms, a health and wellness store, an insurance agency, a well frequented riverside bar and grill and retail outlets. This strong tenant profile contributes to stable rental income and an attractive return on investment.
Well positioned with easy access to the main road network, the site offers excellent accessibility, ample customer parking, and high passing traffic. Its central location between Port Elizabeth, East London, and Makhanda (Grahamstown) enhances its strategic value. The scenic river frontage adds further appeal, providing a relaxed and engaging environment for both tenants and customers. As the heart of the Sunshine Coast, Port Alfred is a sought-after destination known for its navigable 27km Kowie River, stunning beaches, Royal Alfred Marina, and laid-back lifestyle. The continued growth of the town and demand for prime commercial space ensures this is not only a solid current investment, but a valuable long-term asset. Don’t miss this exceptional opportunity to secure a landmark commercial property in one of the Eastern Cape’s most desirable coastal locations. Contact me today to arrange a private viewing or request more information.