R 3 850 000 | 11 bed property for sale in east bank

Excellent business opportunity situated in the tranquil and idyllic town of Port Alfred. Run it as a guest house establishment, or rent out the rooms on a permanent basis to folk that need a furnished apartment. The dining area with fireplace could function as a conference room that leads to a wrap around deck with beautiful views over the Royal Alfred Marina and Ocean. The double and family bedrooms are all fully furnished and come with a kitchenette, bathrooms, air conditioning. DSTV & internet available. There is ample off street parking and an indoor & outdoor swimming pool for use by all the guests. This establishment is in need of refurbishment in some areas and has not been owner managed for a while so also needs a fresh uplift to bring it back to it's full potential. There will be no transfer duty payable but 15% VAT is payable on top of the asking price. Port Alfred offers a Royal Golf Course, Blue Flag Beaches and a number of quaint coffee shops and restaurants. A number of game lodges are close enough for a day trip outing and the Kowie River offers fishing and boating to your hearts content. If you are seeking a quieter lifestyle away from the hectic traffic and busy city life then contact Karen today for more information and to arrange a viewing.