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3 Lagoon View, 5 Old Toll Road, Knysna Central, Knysna, Western Cape
R 2 460 000
Rarely does a property tick every box this convincingly. Unit 3 at Lagoon View is a spacious, fully refurbished 3-bedroom sectional title apartment positioned above the Knysna Lagoon, with sweeping views across the water to the iconic Heads. Currently tenanted at R15,600/month (current lease up until 31 July 2026, with a subsequent long term tenant wanting to move in for 9 months from start of August - the property has seen exceptional demand for longer term rentals), coupled with a proven Airbnb/STR track record delivering R3,600+/night in peak season, this is a genuine income-generating asset in one of South Africa's most sought-after lifestyle towns. Refurbished by the current owner - plumbing works, screeded floors, refinished concrete countertops, fresh paint throughout, resolved cosmetic defects. Move-in or rent-out ready. The property includes: • 3 generously sized bedrooms, all accommodating king-size beds • Main bedroom with en-suite shower bathroom (contemporary black vanity) • Second full bathroom with bath and separate shower • Open-plan kitchen with gas hob and oven, polished concrete island, open shelving • Separate scullery/laundry with washing machine • Spacious living area opening directly onto the terrace via French doors • Separate dining room seating 8, with brick bar counter • Large wraparound terrace with built-in braai and chimney — direct lagoon views • Private garage with lock up roller door • Additional dedicated parking bay within the complex • Secure, gated and well-managed complex (body corporate via Truly Property) • Selling fully furnished (furniture package negotiable) Investment snapshot: • Long-term rental: R16,100/month (gross rental yield ~7.9%) • Short-term : R3,500+/night peak · R2,500–R3,000/night shoulder · R1,800/night low season Sectional Title No. 326/1994 · Section 3 · Scheme: Lagoon View ·
Estimated monthly repayment
R 23 231
on a R 2 214 000 bond over 20 years at 11.25%
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3 Lagoon View, 5 Old Toll Road, Knysna Central, Knysna, Western Cape
Listed by
Dineo Mabunda
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