Traditional Lodging Facility

AUCT-000828 | On Auction

7 Albany Road, Port Alfred, Eastern Cape


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Traditional Lodging Facility, 7 Albany Road, Port Alfred

Extent: ± 10 439 m² | Short term leases

An excellent development opportunity on the Sunshine Coast. This Hotel site has sweeping views of the Port Alfred Marina and Indian Ocean. With 34 ensuite rooms, lounges, conference facilities and Spa, the hotel is set on spacious grounds which lends itself to further expansion.

Possibilities include student accommodation for hotel and flight schools, converting to holiday apartments, conference venue, restaurant or large scale residential
development opportunity.

Centrally located in Port Alfred within 300 metres from Port Alfred Primary and High Schools, within a 1km from CBD, close to the N2 and the famous Port Alfred Marina.

This property will be sold individually and offered as one lot together with 40 Park Road, 44 & 50 Park Road and 100 Fleet Street.

Port Alfred is a small town with a population of just under 26,000 in the Eastern Cape province of South Africa. It is situated on the eastern seaboard of the country at the mouth of the Kowie River, almost exactly halfway between the larger cities of Port Elizabeth and East London and 30 kilometres West of Cannon Rocks.
Port Alfred was established in the early 1820s by British settlers who were moved into the area by Lord Charles Somerset as a buffer between the Cape Colony and the Xhosa people. Originally it was two separate towns. Settlers arriving on the west bank in 1820 named their settlement Port Kowie, and those arriving on the east bank named theirs Port Frances. Later, in 1860, when Queen Victoria’s son Prince Alfred visited, the name was changed in his honor.

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Commercial Type:
Hospitality
Web Reference:
AUCT-000828
List price:
POA
Address:
7 Albany Road, Port Alfred, Eastern Cape
Property Extent:
10439 m2
Auction Venue:
Buffalo Club
1 Buffalo Park Drive
East London
Eastern Cape
Auction Date:
04 December 2018 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
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Auction Date: 04 December 2018 11:00 am

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