Commercial Property on Main Street - Price excludes VAT
A very well maintained commercial property with best visibility from passing traffic on Knysna's 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!
Situated along the Western Cape’s famed Garden Route, Knysna is a delightful little seaside town that has a lot to offer its residents. For one, it is certainly one of the most beautiful areas in South Africa, with more than a few ways to get in touch with nature. Nestled between the clear blue waters of the Indian Ocean and the shores of the Knysna Estuary, the town has something to offer everyone. Property...
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