R7,995,000
Highly desirable location overlooking the beautiful Knysna Lagoon
This versatile property offers an exceptional investment opportunity for developers, investors, or entrepreneurs seeking a property with multiple possibilities.
The property is zoned General Residential 4 (GR4) and benefits from restaurant rights as well as an existing liquor licence, providing the flexibility to pursue a variety of residential, hospitality, and commercial concepts.
The upper floor comprises a generous three-bedroom, two-bathroom apartment, designed around comfortable open-plan living. The living areas open onto a spacious entertainment patio with a built-in braai, where the magnificent views across the Knysna Lagoon can be enjoyed. Whether entertaining guests or simply unwinding, this outdoor space takes full advantage of the property's exceptional setting.
Downstairs, the property has already seen the beginning stages of renovation, creating a blank canvas for the next owner to develop. The space could lend itself beautifully to a restaurant, café, wine bar, or boutique hospitality establishment. Alternatively, it could be transformed into additional apartments or accommodation units, creating further rental income potential.
The possibilities are extensive. Create a destination restaurant with premium accommodation above, establish a boutique guesthouse, develop multiple rental units, or combine residential and commercial uses into one income-generating property. The existing zoning and layout provide an excellent starting point for bringing your vision to life.
Property Highlights
General Residential 4 (GR4) zoning
Restaurant rights already in place
Existing liquor licence
Spacious 3-bedroom, 2-bathroom apartment
Large entertainment patio with built-in braai
Exceptional panoramic views of the Knysna Lagoon
Lower level with renovation work already commenced
Potential for additional apartments or accommodation
Suitable for hospitality, restaurant, or mixed-use development
Multiple opportunities to generate income
Highly sought-after location
Strong investment and development potential
Opportunities combining GR4 zoning, restaurant rights, an existing liquor licence, and spectacular lagoon views are seldom available. This property offers the opportunity to secure a highly adaptable investment with the potential to create multiple income streams while benefiting from one of Knysna's most sought-after settings.
Not VAT registered. Sale of shares is an option.
Features
Paradise, Knysna
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Finance
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