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Six Income Generating Apartments | Exceptional Prime Investment Opportunity in Kranshoek
Income-Generating Apartment Complex | Excellent Investment Opportunity
An exceptional opportunity to own a fully tenanted, income-generating residential investment property in the growing community of Kranshoek, just minutes from Plettenberg Bay.
This well-maintained property comprises six self-contained apartments arranged in three semi-detached buildings, situated on a 600 m² erf with approximately 390 m² under roof. Offering multiple rental income streams and low-maintenance living, it is ideally suited to investors looking for a high-performing addition to their property portfolio.
Designed with practicality and low-maintenance living in mind, each apartment offers comfortable accommodation that is ideally suited to the growing demand for affordable rental housing in the area.
Property Features
• Six semi-detached apartment units
• Approximately 390 m² under roof
• Approximately 65 m² per unit
• 600 m² erf
• Secure courtyard parking
• Well-maintained, low-maintenance property
Each Apartment Offers
• Two spacious bedrooms
• Open-plan lounge and dining area
• Functional open-plan kitchen
• Bathroom fitted with a shower
• Secure parking within the property
This property is currently configured to maximise rental income, making it an ideal investment for:
• Buy-to-let investors
• Property portfolio expansion
• Workforce accommodation
• Long-term residential rentals
With an estimated rental income of R6,500 per unit per month, the property has the potential to generate approximately R39,000 per month, or R468,000 per annum in gross rental income.
Prime Location
Situated in the growing community of Kranshoek, the property enjoys convenient access to:
• Plettenberg Bay
• Schools
• Public transport
• Local amenities
• Employment hubs
• Major transport routes
The continued demand for quality, affordable rental accommodation in the area makes this a compelling investment opportunity with excellent occupancy potential.
Whether you are an experienced investor looking to expand your portfolio or entering the income-property market for the first time, this property offers the perfect combination of multiple income streams, strong rental demand, and long-term investment value.
Don't miss this exceptional opportunity to secure a high-performing income-generating property in one of the Garden Route's growing residential communities.
Contact Ashby Prins today to arrange a private viewing or to request further information.