KNYSNA CENTRAL - 11734
Price: R 7 700 000 excl VAT
Property Description
A very well maintained commercial property with best visibility from passing traffic on Knysnas busy Main Road. The property consists of 7 shops on ground level and 5 holiday suites above. All businesses have leases in place and each has safe undercover parking behind the building. The residential units upstairs will be retained by the seller for his own account (included in the ROI), or can be taken over from the seller at R535 000. Each unit is beautifully finished and newly furnished with a spacious lounge/kitchen and an en suite double bedroom; one unit has 2 bedrooms. Each has its own dedicated undercover parking bay. All appliances & furniture are included in the price. The ROI is 9%. This is a property to be proud of with an asking price that supports the nett annual income. An excellent investment for sale in popular Knysna!
Quick Summary
| Type | Commercial Property |
| Area | KNYSNA CENTRAL |
| Price | R 7 700 000 excl VAT |
| Ref No | 11734 |
| Erf Size | 978 |
| Buildings Size | 815 |
Property Features
Air conditioning
Outside toilet
Tenanted
Lew Geffen Sotheby's International Realty Knysna are property sales specialists based in the Garden Route, Western Cape South Africa.
