ON AUCTION
This is the definitive investment opportunity you have been waiting for! We proudly present the only property currently available in the heart of the Alice CBD --a truly rare chance to secure a prime development site. This extensive corner property measures a massive 2775 square meters and boasts unparalleled visibility, strategically situated on the busy corner of the R345, Bell Street, and Wienand Street, right next to the historic Old Hotel site. The existing dwelling on the property is substantial, comprising four bedrooms, two lounges, two kitchens, a dining room, and two bathrooms, along with an exceptionally large carport capable of accommodating sixteen vehicles. This generous scale and prime location make the property ideally suited for redevelopment. Whether your desire is to convert it into a lucrative commercial centre, a high-demand retail complex, or much-needed student residence serving the nearby University of Fort Hare and Lovedale college the potential for high-yielding development is unlimited. Don't miss your chance to secure this irreplaceable piece of Alice CBD real estate. Contact us today for viewing and bidder registration!
Venue: On site Corner R345 and Bell Street, Alice.
Date / Time: Wednesday 10th December 2025@ 11AM
Viewing: By appointment or 1 hour prior to Auction
TERMS: ID and proof of residence are required for registration. 5% Deposit, Auctioneers Commission, Advertising costs payable on the fall of the hammer.
Full terms and conditions available for inspection at our offices: 70 Chamberlain Road, Vincent, East London. Subject to change without notice and right of admission reserved.
