Let’s be honest: it’s hard to find a property these days that actually helps pay for itself. This corner property in Costa Sarda has been recently upgraded to do exactly that. It’s not a mansion, but it is a clever, functional setup designed for someone who wants multiple income streams or a comfortable multi-generational living arrangement.
The Breakdown: 4 Rental Units
The house has been divided into four distinct areas so you can live in one and let the others cover your costs:
• The Main House: 3 bedrooms and 3 bathrooms (Potential rental: R20,000).
• The Flatlet: A 1-bedroom unit perfect for a long-term tenant (Potential rental: R10,000).
• The Studios: 2 studio units with their own ensuites. Great for Airbnb (approx. R750/night) or stable long-term rentals at R3,500 each.
Total potential income: R37,000 per month.
The Practical Stuff
It’s got the essentials covered for easy living and tenant management:
• Parking: A double garage with automated doors plus 3 extra off-street parking spots.
• Security: The property is fully fenced with an automated gate.
• The Extras: You get a 1000l JoJo tank, 2 fireplaces for those Knysna winters, and 2 braai areas for the weekends.
• Pets: It’s pet-friendly, so no need to leave the four-legged family members behind.
The Location
You’re in the heart of Costa Sarda, which is all about convenience. You can walk to the shops or take a stroll along the Knysna Lagoon pathway. If you’re a runner, the Parkrun is basically on your doorstep, and town is just a quick 2-minute drive away.
It’s a hardworking property in a great spot. If you’re looking for a sensible investment or a way to get your foot in the door of the Knysna market, this is it.
Interested? Give me a call to set up an in-person or virtual viewing
