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Superb Business Property for Sale in Knysna Central
R 13,500,000
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2 months ago88 views
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Description
This property consists of two adjacent plots that are zoned commercial. Excellent visibility and access, with high volume traffic. Two prefab offices, one for the motor business and another for the second hand car dealership. Also includes a house that currently houses two other businesses. The property is fully tenanted with an estimated rental income of R50 000 per month.
Contact me today for a viewing.
Disclaimer: Although EXP Realty has made every effort to obtain accurate information regarding their listings from sources, that are deemed reliable, we cannot warrant complete accuracy. Subject to errors and omissions.
Property Reference #: 7002001-61676
Agent Details:
Leslie Goodway
eXp South Africa
South Africa
Contact me today for a viewing.
Disclaimer: Although EXP Realty has made every effort to obtain accurate information regarding their listings from sources, that are deemed reliable, we cannot warrant complete accuracy. Subject to errors and omissions.
Property Reference #: 7002001-61676
Agent Details:
Leslie Goodway
eXp South Africa
South Africa
Id Subtitle 1287413628
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Estimated monthly repaymentR 146,301
Total property loan amountR 13,500,000
Total interestR 21,612,109
Total repaymentR 35,112,109
Interest rate at 11.75% for 20 years *
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eXp South Africa
Selling for 3+ months
Total Ads8.78K
Active Ads8.78K
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1.13MTotal Views
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Related Ads
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R 13,650,000
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Knysna Garden Route Western CapeSituated on the N2 coming into Knysna proper from Plettenburg Bay side, this is a solid investment opportunity with excellent 10% return and climbing. On Main Street in Knysna, waiting for the discerning buyer, this property is well positioned with a petrol station, the Knysna Court House, SAPS and Post Office in the immediate vicinity. Knysna and surrounds has grown into a bustling metropolis both in season and out and currently has several retail projects in process in an effort to accommodate the community.This property is well maintained and populated by consistent long term tenants. There are 8 retail spaces of varying sizes plus 29 parking bays located in the basement which also generate passive income. The key tenant here is KFC and has been here for 20+ years and recently upgraded their facilities. The other tenants are mainly a mix of national brands and all have been there for more than 3 years barring the NPO newcomer which has been there for just on a year and thriving. All tenants have remained solid contributors even through the pandemic.Under roof - 1560 sqm of retail/office space with an extra 938 sqm of secure basement parking and storage facilities. The erf is on a slight gradient creating a second level when viewed from Main Street and offering some of the retail spaces a second entrance/exit at the rear of the building and onto extra parking and driveway – all paved. The other retail spaces share a passage way to the basement parking entrance and a staircase to the rear driveway.The apartments above and the adjacent dealership are separate entities, the apartments also being privately owned. The entire premises currently has 24 hour guarding to protect all assets.Please contact us to discuss your purchase of this extremely saleable property and private viewing.VATABLENO TRANSFER DUTYProperty Reference #: 7002001-18299Agent Details:Sean GoodwayEXP RealtySouth Africa13 Nankies Nook Eldoraigne , Eldo Park Estate , 157
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