400m² Retail For Sale in East Bank

R3,800,000

Web Ref No 6605505

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.