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Knysna Central, Knysna Central, Knysna, Western Cape
R 7 500 000
A Hilltop Oasis with Breathtaking Knysna Views SELLING PRICE R7 500 000 - VAT EXCLUSIVE Discover an exceptional investment opportunity with Hillview Apartments, a property perfectly positioned high up in the picturesque town of Knysna. Commanding truly spectacular, panoramic water views over the idyllic Knysna Estuary, stretching out towards the world-renowned Knysna Heads. Tucked away in a tranquil cul-de-sac, the property enjoys minimal passing traffic, ensuring a peaceful atmosphere that enhances its desirability as both a short and long-term rental location. The Ultimate Income-Generating Asset This is an investor's dream, offering multiple proven income streams and significant development potential: • Current Operation: Currently successfully run with all units tenanted for consistent long-term rental income. • Flexible Income: The property has the flexibility to be run as a guest house or self-catering short-term rental business, capitalising on Knysna’s booming tourism market. The property is Zoned Residential with approval for self-catering accommodation. • Expansion Potential: A dedicated reception/office area, laundry, and drying yard support the current operation. Furthermore, there is potential to convert a store room into an additional unit to boost revenue. Prime Development Upside For the visionary investor, the property presents a unique, pre-planned sectional title conversion: • Development Ready: Excellent opportunity for conversion into 8 sectional title units. • Plans Available: Architectural plans for the sectional title conversion have already been drawn, streamlining the development process. Accommodation & Features Hillview Apartments offers a charming, resort-like atmosphere with practical, well-appointed units and excellent communal amenities: • Individual Units: Each unit is self-contained, featuring a kitchenette, private bathroom, separate bedroom, and open-plan living area. • Private Outdoor Spaces: Every unit benefits from its own private outdoor area. • Spectacular Views: Select units boast truly spectacular views of the Knysna Estuary. • Oasis-like Amenities: A gorgeous central courtyard serves as the heart of the complex, featuring a sparkling swimming pool and lush, pretty gardens with decorative water features, creating a tranquil oasis for guests and tenants. Practical & Secure Infrastructure The property’s practical features ensure smooth, efficient management: • Utilities: Each unit has its own pre-paid electricity meter and water meter. • Parking: Generous parking includes 4 secure lockup garages plus ample shaded, secure parking bays. • Water Security: Massive underground storage tank provides essential water backup. • Security: Good security is ensured with a full perimeter fence and CCTV cameras. INVESTOR NOTICE: This highly desirable, turn-key investment is currently fully tenanted, providing immediate and reliable returns. Full financials are available for review upon signature of a Non-Disclosure Agreement (NDA) to qualified buyers only. Don't miss this rare chance to acquire a versatile, high-return property with prime views and significant development potential in one of South Africa's most sought-after coastal towns. Contact us today for a private viewing and to receive the investment prospectus.
Estimated monthly repayment
R 70 825
on a R 6 750 000 bond over 20 years at 11.25%
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Knysna Central, Knysna Central, Knysna, Western Cape
Area view — the exact address is shared on enquiry.
Listed by
Pieter Swanepoel
Unclaimed listing — claim it to verify
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