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1 Soria Street, Rykmanshoogte, Knysna, Western Cape
R 1 990 000
LARGE FAMILY HOME WITH LAGOON VIEWS AND THREE INCOME-PRODUCING FLATS - RARE VALUE IN KNYSNA Properties offering this combination of space, views, and rental income are becoming increasingly difficult to find in Knysna, particularly at a price point below R2 million. Positioned on a corner stand in the established suburb of Rykmanshoogte, this substantial double-storey property enjoys elevated views across the eastern side of the Knysna Lagoon while offering a versatile layout that appeals equally to families, investors, and buyers seeking additional monthly income. The main residence occupies the entire upper level and offers generous living spaces that are seldom found in newer homes. While not ultra-modern, the property is exceptionally neat and well maintained, with spacious rooms, practical design, and a comfortable, welcoming atmosphere throughout. The heart of the home is its large kitchen, which provides ample cupboard space and room for family gatherings. The adjoining living and dining areas are equally generous, creating a relaxed environment for everyday living and entertaining. Large windows allow natural light to flow through the home while taking advantage of the elevated outlook towards the lagoon. One of the standout features is the beautiful covered entertainment area overlooking the Knysna Lagoon. This sheltered outdoor space becomes a natural extension of the home and is ideal for family braais, entertaining friends, or simply relaxing while enjoying the views and peaceful surroundings. Accommodation on the upper level consists of three spacious bedrooms and two-and-a-half bathrooms. The bedrooms are well proportioned and offer comfortable living for a growing family, while the practical layout ensures privacy and functionality. An internal staircase connects the upper residence to the lower level, where three separate income-producing flats are located. Each flat has its own private external entrance and consists of an open-plan living and sleeping area together with a bathroom containing a shower, basin, and toilet. These units provide excellent flexibility and can generate valuable monthly rental income, accommodate extended family members, or serve as long-term or short-term rental opportunities. In a town where rental accommodation remains in constant demand, the additional income potential significantly enhances the property's investment appeal. The corner position provides the added advantage of two separate vehicle entrances from different streets, improving accessibility and privacy. While the property does not have garages, a single carport provides covered parking, with additional parking available on the property. Rykmanshoogte has long been popular with buyers seeking value for money and convenient access to Knysna's amenities. Positioned above the industrial and commercial area, residents enjoy quick access to shops, schools, medical facilities, the Knysna Waterfront, restaurants, sporting facilities, and the town centre. The famous Knysna Lagoon, Leisure Isle, the Knysna Heads, beaches, forests, mountain biking routes, hiking trails, and numerous outdoor attractions are all within easy reach. Knysna continues to attract both permanent residents and semigration buyers seeking a relaxed lifestyle on the Garden Route. Limited housing stock, strong lifestyle appeal, and ongoing demand for rental accommodation continue to support the town's long-term investment prospects. Whether you are looking for a spacious family home with built-in income, an investment property with multiple revenue streams, or a combination of lifestyle and financial return, this property offers a compelling opportunity. Large homes with lagoon views, multiple income-producing units, and this amount of accommodation are becoming increasingly rare in Knysna-especially at a price level below R2 million. This is a property that offers both immediate value and long-term potential. CIRCLE BROKERS CC trading as RE/MAX Coastal (Knysna) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 18 792
on a R 1 791 000 bond over 20 years at 11.25%
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1 Soria Street, Rykmanshoogte, Knysna, Western Cape
Listed by
Naledi Mabunda
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