R 10 000 000 | 36 bed property for sale in east bank

Opportunity knocks! This historic accommodation establishment in Port Alfred offers an incredible investment opportunity with breathtaking views of the Royal Alfred Marina and Indian Ocean. With 36 en suite bedrooms, this property has the potential to attract a variety of clientele. The multitude of reception areas, offices, entertainment venues and conference rooms add to the appeal. Additionally, three adjacent properties with fourteen apartments are available at an optional extra for a further R5M, providing even more potential for expansion. The property is conveniently located adjacent to the main East London/Port Elizabeth highway (R72), making it easily accessible. All reasonable offers will be considered, but we highly recommend a viewing to fully appreciate the potential of this property.