Commercial building with tenants in the CBD of Knysna. This property is centrally situated across the street from the Knysna Mall. Maximum coverage has been attained on this property based on parking ratio. Passed plans exist for a concrete single story structure giving 8 extra bays at the at the back of the erf. The building is situated amongst national operators in the area as well as the Knysna Mall which brings good vehicular and pedestrian traffic. The great location in the centre of the commercial hub is one road back from the N2 / Main road. The level site is north-facing and all commercial properties in the nearby vicinity are developed and occupied. Good off street parking, 3 phase power and back up fully automated 20kva diesel generator installed. The property has a perimeter wall and armed response.Improvements comprise of main building ( 450m² footprint ) and detached store (50m²). Main building: double volume with brick walls to underside of IBR roof. Concrete floor. This structure comprises of 3 units. Unit 1, 300m² retail & workshops. 3 Offices, 1 kitchen, ablutions with 2 toilets, workshop, retail frontage. Unit 2, 60m² retail area with ablutions and 1 toilet, Upstairs 240m² mezzanine supported by high load 1 beams. 7 air-conditioned offices. Unit 3, 90m² retail with ablutions including 2 toilets plus shower. Store single story constructed from brick walls under IBR sheeting. Ablutions including 2 toilets. Fully paved yard. At the current income, the yield on the property is 8%
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