4 Bedroom House in Knysna Central

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

Studyhome 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