Knysna Central, Knysna, Western Cape ID 1179960
House
3.0
5
500m2
44850m2
Knysna Garden Route Western Cape Make your mark – Develop this landmark and extremely popular property and reap the rewards. This property made up of 2 adjacent erven sports a stately double storey house with historical value and developed garden area with plenty of parking off the circular driveway PLUS a huge tract of undeveloped land beyond, just waiting for development. Situated just off the N2 as you come into Knysna it extends right down to the lagoon, making this an extremely valuable property. The approximately 500m2 double storey house and extra office building adjacent is fully tenanted with a coffee shop/restaurant, accommodation units upstairs and other small businesses on the premises, all netting a good income. Although this grand old lady has historical value, Knysna Municipality is predisposed to granting consent for alterations. The current entrance is in Waterfront Drive with another unused entrance further down which would take one to the bottom part of the property, a distinct advantage when this section is developed. Previous exploration into development of this section with Knysna Municipality shows that a development of 60 affordable town houses was acceptable. With housing shortages in Knysna being critical, purchasers would be plentiful and the return on investment would be astounding. For further information, discussion and offers please call me without further delay.
eXp Realty
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