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Description
PREMIER INVESTMENT OPPORTUNITY – ELEGANT STUDENT OR DUAL-INCOME RESIDENCE Set in a prime location within walking distance of Stenden University, the beach, and town amenities, this expansive 2 141 m² erf offers a rare combination of elegance, versatility, and investment potential. Designed for discerning investors, the property features two separate buildings, offering multiple rental streams and long-term income security. The main residence exudes charm and sophistication, with four generously proportioned bedrooms and two bathrooms, complemented by spacious open-plan living areas. Parquet flooring, a wooden fireplace, and soaring ceilings create an inviting, airy atmosphere. The gourmet kitchen and separate laundry enhance functionality, while the undercover patio opens onto a lush, established garden, perfect for entertaining or tranquil outdoor living. The second building comprises: Two stylish one-bedroom flatlets One elegant two-bedroom flat Each unit is perfectly suited for student accommodation or short-term rentals, ensuring consistent occupancy and maximized income. Additional features include: Ample rainwater storage Motorised gate for enhanced security—essential for peace of mind in a student-centric property With its exceptional location, expansive layout, and proven income-generating potential, this property represents a rare opportunity for investors seeking premium, high-demand rental accommodation in Port Alfred. Stenden University, one of South Africa’s highly regarded private higher education institutions, is conveniently located just across the road, making this a truly coveted investment. I