8 Bedroom House For Sale in Port Alfred
BondCosts
Property description
Prime Investment Property for Sale, Ideal for Student Accommodation or Dual Income Living
Positioned within walking distance of Stenden University, town amenities, and the beach, this expansive two thousand, one hundred and forty one thousand square meter property offers exceptional investment potential. The erf hosts two separate buildings, creating multiple rental streams and long term income security.
The main house features four well sized bedrooms and two bathrooms, along with spacious open plan living areas. Parquet flooring, a wooden fireplace, and high ceilings create an inviting, airy atmosphere. A large kitchen and separate laundry add practicality, while the undercover patio flows out to a lush, established garden, perfect for communal living or outdoor relaxation.
A second building hosts two one bedroom flatlets and a two bedroom flat, each ideal for student rentals or short term accommodation.
Additional features include abundant rainwater storage and a motorized gate for enhanced security, an essential for student tenants.
With its superb location, generous size, and existing income generating structures, this property represents a rare opportunity for investors seeking high demand rental accommodation in Port Alfred.
Stenden University
Stenden University South Africa is a highly regarded, private, higher education institution based in Port Alfred, offering internationally accredited degrees in fields such as Hospitality Management and Disaster Management. Known for its practical, real world learning approach and global network, Stenden attracts both local and international students, creating strong demand for quality accommodation in the area.
Port Alfred
Port Alfred is a vibrant coastal town along the Eastern Cape’s Sunshine Coast, known for its relaxed lifestyle, beautiful beaches, and strong sense of community. With a mix of residential neighbourhoods, schools, a popular university, and year round tourism, the town offers a balanced blend of lifestyle appeal and ongoing investment opportunities.
- Flatlet
- Store Room
- Patio
- Security Features
- Pets Allowed
- Laundry
- Flooring: Carpet, Parquet, Tiles
- Walling: Fully Walled
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from Harcourts Port Alfred
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
