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149 Old Cape Road, Paradise, Knysna, Western Cape
R 7 995 000
Exclusive Mandate. Positioned in a sought-after location with breathtaking views over the iconic Knysna Lagoon, this unique property presents an outstanding opportunity for investors, developers, or entrepreneurs looking to unlock its full potential. Zoned General Residential 4 (GR4), with restaurant rights already in place and an existing liquor licence, this versatile property offers exceptional flexibility for a wide range of residential, hospitality, and commercial ventures. The upper level features a spacious three-bedroom, two-bathroom apartment, offering comfortable open-plan living that flows effortlessly onto a generous entertainment patio complete with a built-in braai. From here, you’ll enjoy spectacular views over the Knysna Lagoon, creating the perfect space for entertaining or simply relaxing while taking in the scenery. The lower level has already undergone the initial stages of renovation and offers endless possibilities. It is ideally suited for a restaurant, cafe´, wine bar, or boutique hospitality venture. Alternatively, the space could be converted into additional residential apartments or income-generating accommodation. Whether your vision is a thriving restaurant with luxury accommodation above, a boutique guesthouse, multiple rental units, or a mixed-use investment, this property provides the ideal foundation in one of Knysna’s most desirable locations. Property Highlights: * General Residential 4 (GR4) zoning. * Restaurant rights. * Existing liquor licence. * Spacious three-bedroom, two-bathroom apartment. * Large entertainment patio with built-in braai. * Stunning panoramic views over the Knysna Lagoon. * Lower level with renovations already commenced. * Excellent potential for additional apartments, hospitality, or commercial use. * Multiple income-generating opportunities. * Prime location with exceptional investment potential. Properties offering this combination of GR4 zoning, restaurant rights, a liquor licence, and magnificent lagoon views are exceptionally rare. This is an opportunity to secure a highly versatile investment with significant potential for future growth and multiple income streams. Not VAT registered. Sale of Shares is an option.
Estimated monthly repayment
R 75 499
on a R 7 195 500 bond over 20 years at 11.25%
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149 Old Cape Road, Paradise, Knysna, Western Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Priced highPriced 254% above comparable 3-bed houses for sale in Paradise
Based on 13 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Tebogo Ntuli
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