Commercial Property in West Bank For Sale

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31 Van Der Riet Street, West Bank, Port Alfred

Description

Prime Commercial Venture on the Kowie River

Perfectly positioned along the tranquil banks of the Kowie River, this prime commercial property offers a unique investment opportunity in the heart of Port Alfred's central business district. 

Currently fully tenanted, the property enjoys a strong and diverse rental portfolio with reputable tenants that include:  

  • My Pond Hotel and Conference Centre, managed by the internationally acclaimed Stenden University, 
  • Ocean Basket Restaurant, a popular dining destination, 
  • Plus several other established commercial enterprises.  

This combination of quality tenants and prime riverfront location ensures steady income generation and long-term investment stability. 

Property Highlights  

  • Prime riverfront position with excellent visibility and foot traffic. 
  • Fully tenanted with high-quality, long-term occupants. 
  • Anchored by the renowned My Pond Hotel and Conference Centre. 
  • Ideally suited for investors seeking secure, income-generating commercial assets. 
  • Situated in Port Alfred's thriving CBD, within walking distance of key amenities.  

Location and Lifestyle 

Known as the heart of the Sunshine Coast, Port Alfred is strategically located midway between Gqeberha (Port Elizabeth) and East London, with easy access from Makhanda (Grahamstown).

A favorite for both locals and tourists, Port Alfred is celebrated for its relaxed coastal lifestyle and diverse attractions, including:  

  • The Kowie River, navigable for over 27 km and ideal for boating, fishing, and water sports. 
  • The Royal Alfred Marina and Small Boat Harbour, offering world-class facilities. 
  • East Beach and Kelly's Blue Flag Beach, perfect for swimming and surfing. 
  • A warm, welcoming community that blends small-town charm with vibrant commercial growth.  

This property offers more than just an enviable location - it presents a rare chance to own a premier commercial asset on one of South Africa's most beautiful coastlines, backed by strong tenancy and consistent returns. 

For investors seeking a profitable, secure, and scenic investment, this Kowie River gem is an opportunity not to be missed.  

*Price is excluding VAT

TIADOR 150 CC trading as REMAX Independent Properties (Lorraine) operates in terms of a franchise agreement with REMAX of Southern Africa.

Pierre De Klerk
Pierre De Klerk
REMAX Independent Properties (Lorraine)
Sales Associate
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TIADOR 150 CC trading as REMAX Independent Properties (Lorraine) operates in terms of a franchise agreement with REMAX of Southern Africa.