Investment Opportunity: Hillview Apartments - Command the Views, Command the Returns

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.