NEW
177Ha Farm For Sale in Phantom Pass
R40,000,000
Monthly Bond Repayment R406,091.58
Calculated over 20 years at 10.75% with no deposit.
Web Ref
RNR26707
Prime 177-Hectare Development Opportunity on the Knysna River
This exceptional 177.58-hectare property, located just 10 minutes from Knysna town, offers a rare investment opportunity for developers and investors. With 400 meters of Knysna River frontage, panoramic views of the iconic Knysna Heads, and the majestic Outeniqua Mountains, the estate combines natural beauty with strategic development potential.
Key Features:
• Strategic Location: Situated along a tarred road, ensuring easy access to Knysna's amenities, schools, and the N2 highway.
• Development Potential: Previously approved for subdivision into 160 residential erven, with zoning for commercial and hospitality use. While these rights have lapsed, the existing Environmental Impact Assessment (EIA) remains valid, facilitating future development applications.
• Natural Resources: The property boasts water rights and fertile lands, ideal for sustainable development.
• Scenic Views: Elevated positions offer unobstructed views of the Knysna River, estuary, and surrounding landscapes.
Investment Comparison:
At an asking price of R40 million, the property equates to approximately R225,000 per hectare. Comparable properties in the region include:
• A 105-hectare farm listed at R32 million (R304,000/ha).
• A 26-hectare agricultural enterprise priced at R14 million (R538,000/ha).
This positions the 177-hectare estate as a competitively priced opportunity, especially considering its development prospects and prime location.
The Knysna Lifestyle:
Knysna, nestled along South Africa's renowned Garden Route, is celebrated for its temperate climate, lush forests, and vibrant community. The town offers a blend of natural beauty and modern amenities, making it a sought-after destination for both residents and tourists.
Conclusion:
This 177-hectare estate presents a unique blend of natural beauty and development potential. Its strategic location, existing infrastructure, and competitive pricing make it an ideal investment for developers aiming to create a landmark residential or mixed-use project in the heart of the Garden Route.
Key Features:
• Strategic Location: Situated along a tarred road, ensuring easy access to Knysna's amenities, schools, and the N2 highway.
• Development Potential: Previously approved for subdivision into 160 residential erven, with zoning for commercial and hospitality use. While these rights have lapsed, the existing Environmental Impact Assessment (EIA) remains valid, facilitating future development applications.
• Natural Resources: The property boasts water rights and fertile lands, ideal for sustainable development.
• Scenic Views: Elevated positions offer unobstructed views of the Knysna River, estuary, and surrounding landscapes.
Investment Comparison:
At an asking price of R40 million, the property equates to approximately R225,000 per hectare. Comparable properties in the region include:
• A 105-hectare farm listed at R32 million (R304,000/ha).
• A 26-hectare agricultural enterprise priced at R14 million (R538,000/ha).
This positions the 177-hectare estate as a competitively priced opportunity, especially considering its development prospects and prime location.
The Knysna Lifestyle:
Knysna, nestled along South Africa's renowned Garden Route, is celebrated for its temperate climate, lush forests, and vibrant community. The town offers a blend of natural beauty and modern amenities, making it a sought-after destination for both residents and tourists.
Conclusion:
This 177-hectare estate presents a unique blend of natural beauty and development potential. Its strategic location, existing infrastructure, and competitive pricing make it an ideal investment for developers aiming to create a landmark residential or mixed-use project in the heart of the Garden Route.
Video
Features
Pets Allowed
No
Interior
Furnished
No
Exterior
Security
No
Pool
No
Scenery/Views
Yes
Sizes
Land Size
177Ha
Phantom Pass, Knysna
The seaside town of Knysna is a preferred destination for both homeowners and tourists. It graciously lies at the heart of South Africa's famous Garden Route. Holidaymakers often flock to Knysna to enjoy the local food and craft beer, cruise the lagoon, play a game of golf on one of the three world-class courses, or indulge in the yearly Knysna Oyster Festival. According to www.knysna.gov.za the town attracts...
More Info
