R7,000,000
R7,000,000
Monthly Levy
R0.01
Monthly Rates
R1,354
Total
R1,354.01
Do not miss out on this Developers Dream
Web Ref.
CLS1679
This is a well located and easily accessed large plot available for development. Situated on the quiet historic Church Street, but with easy access to Waterfront Drive and the N2, it offers an excellent opportunity for a large-scale development of affordable 1 and 2 bed apartments together with townhouses if desired.
The 4078sqm plot is a combined-erven which features 2 period buildings along the street frontage. Both cottages would need to be retained in the development, but with some renovation would, in themselves, make attractive period properties giving character and retaining feature in this historic part of town.
The remaining vast open and flat land to the rear offers a rare opportunity for developing without the need for large earthworks. A bonus for Knysna developments. Such large level stands are few and far between.
Waterfront Drive is quickly becoming a focus for both commercial and residential development with other sites already completed and approved plans for development in the locality about to commence.
This will add further value to this development, and developments of this type are very much in line with local demand and the Municipality’s Spatial Development Plan.
The Seller is VAT registered and has produced a draft concept of retirement apartments over 3 floors (with ample basement parking) ranging in style and size as follows –
26 x 2 bedroom apartments varying from 81sqm to 95 sqm
33 x 1 bedroom apartments varying from 55sqm to 64 sqm
The concept also incorporated 15 frail care suites with lounge, dining room, doctor’s room and utilizing the period buildings as a day spa and restaurant/coffee shop/deli.
This gives a great impression of the large development potential of this site.
The right scheme would sell fast and for good value!
The 4078sqm plot is a combined-erven which features 2 period buildings along the street frontage. Both cottages would need to be retained in the development, but with some renovation would, in themselves, make attractive period properties giving character and retaining feature in this historic part of town.
The remaining vast open and flat land to the rear offers a rare opportunity for developing without the need for large earthworks. A bonus for Knysna developments. Such large level stands are few and far between.
Waterfront Drive is quickly becoming a focus for both commercial and residential development with other sites already completed and approved plans for development in the locality about to commence.
This will add further value to this development, and developments of this type are very much in line with local demand and the Municipality’s Spatial Development Plan.
The Seller is VAT registered and has produced a draft concept of retirement apartments over 3 floors (with ample basement parking) ranging in style and size as follows –
26 x 2 bedroom apartments varying from 81sqm to 95 sqm
33 x 1 bedroom apartments varying from 55sqm to 64 sqm
The concept also incorporated 15 frail care suites with lounge, dining room, doctor’s room and utilizing the period buildings as a day spa and restaurant/coffee shop/deli.
This gives a great impression of the large development potential of this site.
The right scheme would sell fast and for good value!
Features
Zoning
Sizes
Knysna Central, Knysna
Knysna is undoubtedly one of the most talked-about, noteworthy places on the South African map and is a jewel in the crown of the Western Cape. It is an unforgettable destination that promises everything one could hope for as a holiday town and as a place to call home. A brief history of the area Knysna dates back thousands of years. It gets its name from the earliest inhabitants of the area, the Khoi Khoi. The Khoisan name means place of wood or fern leaves. European settlers began farming in the area in the 1700s. A large farm called Melkhoutkraal was established along the east bank of the Knysna river. Distance from key points (Airport/CBD) George Airport is approximately 69,6 km (55 minutes) away via the N2. To catch an...
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Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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