Apartment for sale in Old Place, Knysna, 68 m²

Old Place, Knysna, Western Cape

Apartment

ZAR 1,900,000

• 2 bedrooms
• 2 bathrooms
• 68 sqm

Investment Opportunity with Tenant in Place and Lagoon Views Positioned in Upper Old Place, Knysna, this secure and spacious corner apartment presents an attractive investment opportunity with a tenant already in place at a monthly rental of R14,000, providing an established gross rental income of R168,000 per annum. The apartment comprises two bedrooms and two bathrooms, with the main bedroom enjoying beautiful lagoon views and its own en suite bathroom. Open plan living areas flow seamlessly onto an open balcony, while air conditioning provides year round comfort. The fully equipped kitchen features granite countertops and includes all appliances should the furnished option be selected. A tandem lock up garage provides valuable additional parking and storage convenience. Situated within a well managed complex, the property benefits from a secure perimeter wall, electric access gate and ample guest parking. The complex is pet friendly, subject to approval, and the apartment is equipped with DSTV, fibre, prepaid electricity and existing internet connections. With a tenant already in occupation at R14,000 per month, an investor has the benefit of acquiring an established income pro…