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 a town situated within the Western Cape province of South Africa and is part of the sought-after Garden Route. The lush and leafy town offers a family-friendly appeal with gorgeous views of the waterfront and a variety of property types including apartments, townhouses and freestanding homes, making it an ideal place to live for anyone of all ages. A brief history of the area Archaeological discoveries in Knysna, including forty fossilised hominid footprints dating back approximately 90,000 years, provide evidence that humans have been living in the area for more than 300,000 years. The first inhabitants were the San Hunter-gatherer peoples who lived in most of Southern Africa during the Paleolithic era. Over time,...
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Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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