A rare development opportunity in one of Port Alfreds most prestigious and sought after areas.
This substantial 10 787 m2 parcel of vacant land offers exceptional potential for developers seeking to create a distinctive residential development in a highly desirable location.
Ideally positioned within walking distance of the beautiful Kowie River and Port Alfred Country Club, the property enjoys a tranquil residential setting surrounded by established properties, while remaining conveniently close to the town centre and a wide range of local amenities.
The propertys zoning allows for a variety of development possibilities, including general residential accommodation, block apartments and retirement living, providing developers with the flexibility to explore a concept suited to both the area and the current market.
The total size of the property is 10 787 m2. It is noted that 906 m2 of this total area is only partially subdivided, with the registration of this portion to be attended to by the purchaser if preferred. The remainder portion will then measure 9 881 m2.
With its generous size, sought after location and versatile development potential, this property presents an exciting opportunity to establish a quality residential development in one of Port Alfreds esteemed residential areas.
Whether you are looking to develop modern residential apartments, a retirement community or another suitable residential concept, this property deserves your attention.
Dont miss the opportunity to make your mark in Port Alfred.