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R 22 000 000

Commercial Property for Sale in Port Alfred Central

31-37 Van Der Riet Street, Port Alfred Central, Port Alfred

Floor Size 2755 m² Erf Size 3 569 m²

Landmark Riverside Commercial Investment

Positioned along the tranquil banks of the Kowie River, in the heart of Port Alfred`s vibrant commercial precinct, this exceptional investment property represents one of the Eastern Cape`s most distinguished commercial offerings. Occupying two adjoining erven with a combined extent of approximately 3,569m², the property enjoys an unrivalled riverside setting, exceptional visibility and a strategic location within the town`s established business district. Its enduring appeal, together with an enviable tenant profile, provides investors with a rare opportunity to acquire a prestigious income-producing asset in a sought-after coastal destination. The property is fully tenanted by a carefully curated mix of respected businesses, delivering a secure and diversified rental income. The tenant complement is anchored by the acclaimed MyPond Hotel and Conference Centre, operated in conjunction with the internationally recognised Stenden University, alongside the ever-popular Ocean Basket restaurant. The balance of the development accommodates professional medical consulting rooms, a health and wellness retailer, an insurance brokerage, a vibrant riverside bar and grill, and a selection of established retail enterprises. Beyond its immediate investment credentials, the property`s position overlooking the Kowie River creates an atmosphere seldom found in commercial real estate—where business, hospitality and leisure converge in one of South Africa`s most picturesque coastal towns. Properties of this calibre, with established cash flow, exceptional occupancy and an irreplaceable waterfront location, seldom become available. Offering immediate income together with outstanding long-term capital appreciation potential, this landmark commercial investment is an acquisition of enduring value for the discerning investor. No Transfer Duty.
Listing Number
117425713
Type of Property
Commercial Property
Street Address
31-37 Van der Riet Street, Port Alfred Central
Description
Single Storey
List Date
19 July 2026
Erf Size
3 569 m²
Floor Area
2 755 m²
Rates and Taxes
R 15 594
Coverage
77 %
Zoning
General Business
Parking
35
Number of floors
1
Backup Water
Water Tank
Security
Boomed Area, Closed Circuit TV
Internet Access
Fibre

Education

El Shaddai Christian Academy
0.32km
Port Alfred Christian Education School
1.05km
Port Alfred High School
1.28km
Dambuza Public Primary School
1.37km
Mtyobo Public Primary School
1.44km
Nomzamo Secondary School
1.87km
Kuyasa Combined School
2.89km
Marjorie Parrish Santa Primary School
3.12km
Bathurst Primary School
11.46km

Transport and Public Services

Port Alfred
0.33km
taxi rank
1.71km
East Beach
1.72km
Port Alfred Airfield
3.25km
Hayes
8.15km
Bathurst
10.32km

Health

Mariorie Parrish
3.04km

Sports and Leisure

Sunshine Coast Nature Reserve - West
10.74km

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