4 Bedroom House for sale in East Bank

Sole Mandate! This exceptional 7 096 m² property situated on the sought-after East Bank of Port Alfred presents a rare opportunity for developers or investors. The property includes a home dating back to 1825, offering historical charm while not being declared a heritage building, allowing greater flexibility for renovation, redevelopment, or subdivision. Ideally positioned, the property is located close to Port Alfred High School and within easy reach of local amenities. Its proximity to local schools and amenities makes the property exceptionally well-suited for student accommodation, offering strong rental demand potential. With its elevated position, a future development could enjoy beautiful sea views, adding significant value to the property. The large stand is adorned with mature established trees, creating a peaceful natural setting and enhancing the character of the land. In addition, a second access point can be created from the service road (this will incur additional costs), providing convenient entry options and further development potential. With its generous size, prime location, and development possibilities, this property offers a unique opportunity to create something truly special in one of Port Alfred’s most desirable areas.