4 Bedroom House For Sale in Knysna

Property description

Four Bedroom House with Granny Flat & Pool - Income Generating

ONLINE AUCTION

Sole and Exclusive Mandate

This sale is Subject to Confirmation by the parties involved

29 Pitt Street, Knysna Central, Western Cape
Erf extent: 678m2
Rates: Approx R1 640 per month

The Purchaser is required to acquaint themselves with the property and all matters related thereto, including but not limited to its condition, location, and any improvements thereon.
The Purchaser must further familiarise themselves with the terms and conditions applicable to this Lot

A VERSATILE PROPERTY WITH EXISTING RENTAL INCOME AND FUTURE POTENTIAL

A great opportunity to acquire a versatile property in Knysna, combining family accommodation, additional rental space and work or business facilities.

The offering includes a four-bedroom main house, a separate bachelor unit, swimming pool, as well as a garage and workshop area — with the added advantage of dual access from Pitt Street and Spring Street.

Rental Income

Current combined rental income: R23,100 per month

Main house: R16,800 per month
Bachelor unit: R6,300 per month
Utilities excluded
Combined annual rental income: R277,200
Property Highlights

4-bedroom main house, including main en-suite
Spacious lounge and separate TV room
Study/home office
Kitchen with separate pantry
Separate bachelor unit with its own entrance and parking - 1 bedroom, bathroom, kitchen area
Approved drawings for the second dwelling
Approx. 79 m² garage, studio/ workspace area: Studio +-20sqm, Tool store: 2 sqm, Works area: 6sqm, Parking 2 Cars
Double garage with automated doors
Dual remote controlled sliding entrance gates – Pitt St & Spring St
Dedicated workshop with workbench and electrical points
Lockable tool store
Swimming pool fitted with new underground piping and pump house
Two separate braai areas
Garden with irrigation and feature lighting
Dual street access from Pitt Street and Spring Street
Alarm system, motion-detection cameras and remote-controlled gates
Investment & Business Potential

Beyond its existing rental income, the property's layout offers scope to explore alternative configurations, including separate residential units, additional bachelor accommodation or a work-from-home business setup – enquire for additional info regarding this

The garage and workshop areas may suit a contractor, technical business or similar operation. Potential business use, further development or subdivision would be subject to the relevant municipal approvals and applicable requirements.

Additional Features

Erf size: 678 m²
Approx. 203 m² main house
Approx. 299 m² total reported coverage
Insulated roof cavity and new awnings
Updated building drawings and approved plans

A 5% deposit and 7% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed.
The purchaser is required to provide the Certificates of Compliance