Property description

Strategic Commercial Investment in Port Alfred's Thriving CBD 

Situated on Biscay Road, immediately adjacent to Nemato Spar, this prominent commercial property is strategically positioned within the bustling heart of Port Alfred's Central Business District. This presents an exceptional opportunity for discerning investors seeking a reliable and future-proof income stream. 

Currently, the property benefits from two established, good-paying tenants, occupying 481 sqm and 90 sqm respectively. Furthermore, three units remain available for rent, including a 207 sqm space comprising a front and back shop, and a 163 sqm back unit. This diverse tenancy profile, including kitchen manufacturing/design/installation and finance businesses, underscores the property's appeal and income stability. 

Boasting an impressive 948 sqm of floor space on a substantial 1427 sqm erf, this building offers excellent street visibility and convenient access from major thoroughfares. The provision of ample customer parking and secure, well-maintained facilities further enhances its commercial viability and tenant appeal. Its coastal location in Port Alfred adds to the area's overall attractiveness. 

This asset represents a strong, low-risk investment with significant growth potential, anchored by its prime CBD location and established income streams. It is an ideal acquisition for investors looking to expand their commercial portfolio. Contact the agent today to arrange a viewing and discover the full potential of this outstanding commercial offering. 

Key Features  

• Prime CBD Location on Biscay Road 
• 948 sqm Floor Space on 1427 sqm Erf 
• Established Tenancy with Available Units 
• Excellent Street Visibility and Easy Access 
• Ample Customer Parking 
• Strong Investment with Growth Potential