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Commercial Property for Sale in Knysna Central
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1 560 m²
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Excellent Rental Enterprise
This highly visible commercial building which is on the Main road through Knysna has been sectionalized and the company now being sold owns 6 sectionalized shops, a flat on the top floor, a garage and 4 dedicated parking bays.
The tenants are all mostly longstanding with two nationals being the main income producers.
The rental income after expenditure will give a net ROI of not less than 12% per annum with very little management required.
Because of the locality and high profile it has always attracted good secure tenants. Total space is 1560m2 with 938 m2 undercover parking.
An excellent opportunity to secure a passive income. The property owning company is being sold so no vat or transfer duty is payable
Property Overview
Listing Number
114210176
Type of Property
Commercial Property
Street Address
Listing Date
01 April 2024
Erf Size
2 512 m²
Floor Size
2498 m²
Zoning
Mixed Use
Building
Gross Lettable Area
1560 m²
Number of floors
2
Points of Interest
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