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LARGE FAMILY HOME OR RESIDENTIAL INVESTMENT PROPERTY
"Discover the epitome of luxury living and investment potential with this 12-bedroom, 10-bathroom property nestled along the picturesque Kowie River. This captivating property offers a rare opportunity to indulge in both opulent personal space and a lucrative income stream. Each thoughtfully designed unit boasts its own distinct charm, providing tenants with a serene haven while generating a consistent rental income. It is within 5 minutes drive to the town center and access to the Nature reserve next door. There are only 4 adjoining houses on this side of the river and 4 more vacant plots close by that can be built on. This is a very unique and special place surrounded by nature. The property is on large grounds of over 1,430m² and there is a Greenbelt next door, where no one can build. The property has electric fencing, alarms and 24 hour armed response. The property consists of a Main building facing the river. It has flexible accommodation either as One big 8 bedroom family home or 4 separate Apartments or even as 2 Duplex Townhouses. The main building is in a form of a U-shape with a covered communal room area in the centre with a built in braai, pool table and darts. There is also a large Second Building facing the Greenbelt consisting of an Upstairs 2 bed separate apartment, a separate renovated Staff Quarter, including a Boat House and Double Garage. There is additional 6 secure off street open parking bays ( with double garage and boathouse , you have a total of 9 secure parkings) a newly built 9x6 meter Greenhouse with raised flower beds and a Chicken house with its own outside free range garden area for chickens. The property is almost self-sufficient with 85,000lts of rainwater tanks, septic tanks, French drains, many fruit trees and private Jetty. Just add a solar system for electricity. It has Eskom electricity with 3 Econo meters.
Indulge in the allure of riverfront living while harnessing the potential for substantial returns. This property on the Kowie River is a harmonious fusion of comfort, and financial opportunity. Don't miss your chance to own a slice of paradise that promises both an indulgent lifestyle and a rewarding investment journey." Bonus: A secret garden that is a must see!
Port Alfred was established in the early 1820s by British settlers who were moved into the area by Lord Charles Somerset as a buffer between the Western Cape and the Ama Xhosa. Originally it was two separate towns (settlers arriving on the west bank in 1820 named their settlement Port Kowie, and those arriving on the east bank named theirs Port Frances). In 1839, William Cock started to block the natural river...
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