AUCT-002661 | On Auction

DECEASED ESTATE: High-Exposure Property with Redevelopment Potential

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04 December 2025 | 11:00:00 am

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    2025-12-04 11:00:00
    DECEASED ESTATE: High-Exposure Property with Redevelopment Potential

    49 6th Avenue, Walmer, Gqeberha (Port Elizabeth), Eastern Cape

    Estate Late: E.R Barnard | Master's Ref No.: 006645/2022 | Extent: ± 1 487 m² | High exposure | High demand | Various dilapidated structures | Zoning: Residential 1

    Gqeberha, Eastern Cape


    Endless Possibilities – Ideal Redevelopment Opportunity

    Unlock the potential of this strategically located property in one of Port Elizabeth’s most dynamic and rapidly developing commercial nodes.

    Situated on a prominent corner in Walmer, this ±1,487sqm site offers exceptional visibility and accessibility, making it an ideal platform for a bespoke redevelopment or commercial conversion.

    At the core of the property lies a derelict structure, ready to be transformed. Whether through full redevelopment or creative refurbishment, this site provides a rare opportunity to reimagine and repurpose a high-exposure property to meet a range of commercial or mixed-use needs, subject to the necessary approvals.

    Key Features
    • Substantial ±1,487sqm site offering generous development potential
    • Existing structure suitable for reuse, rebuild, or full redevelopment
    • Prominent corner position with high traffic exposure
    • Excellent accessibility to all major routes and city nodes
    • Surrounded by significant ongoing development and infrastructure upgrades
    • Strong investment activity and capital growth in the immediate area
    • Ideal for office, retail, or mixed-use commercial development

    Currently zoned residential, the property presents a clear opportunity for rezoning, with structured assistance available to support prospective purchasers in expediting approvals and compliance processes — enabling a smooth and efficient development pathway.
    Position your next commercial venture or investment in one of Port Elizabeth’s most sought-after growth corridors and capitalise on Walmer’s ongoing transformation and strong market demand.
    Commercial Type:
    Development
    Web Reference:
    AUCT-002661
    List price:
    POA
    Address:
    49 6th Avenue, Gqeberha, Nelson Mandela Bay Metropolitan Municipality, Eastern Cape
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    04 December 2025 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required

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