This development is one of the most up to date, meticulously maintained, and perfectly situated businesses of it’s kind in the whole of Knysna.
There are thirteen units of which two are one bedroom, one bathroom, loft-style spaces and the rest are all wonderfully appointed two-bedroom units.
All thirteen units, ranging from 56 sqm to 65 sqm, are fitted with air-conditioning, built-in stoves and ovens, and granite top kitchens. The open plan kitchen opens up, via sliding door, to a solidly built deck area that is surrounded by 180-degree views of the entire Knysna Lagoon!
The building enjoys full frontage towards the N2 leading into Knysna yet is accessed from a peaceful side-street.
Within the few years since its inception, this business has already seen consistent growth in occupancy rates and already returns about seven percent a year on capital, even under the relatively slow market conditions.
Each unit is separately registered, and self-contained thus a combination of long- or short-term rentals can be considered within a local market where rental properties of this type are few and far between, and demand for apartments are high.