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Fair Acres, Knysna, Western Cape from R750k |
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Brief Overview
Fair Acres has been operating as a 4* boutique hotel since 2003, with 3 luxury & 14 regular suites. The site houses a 5* conferencing centre & restaurant with beautiful garden, all located on Thesen Hill, providing an elevated position 80m above sea level.
The hotel is within easy walking distance of town, restaurants & other facilities. With its magnificent 270 degree view over Knysna Lake & the Heads from the hotel, restaurant & pool area, this truly is a slice of pure luxury.
Key points
Prices from R750, 000 to R1.6 mil
Only 10% deposit
Bond & levies paid for 3 years
Spacious high quality rooms
Rental income
Free holiday opportunity
Sound ROI & excellent capital growth
The Development
The hotel boasts unique and unsurpassed views, with 270⁰ view over the lake Knysna. The Garden Route and Knysna in particular have enjoyed unparalleled returns on property investment over the past decade. Fair Acres is a truly prestigious development located within a popular business, local and foreign tourist region and town. The town is very well marketed as a pivotal destination and events venue & Fair Acres is now the sole remaining development terrain of the eminence on offer.
Investing in Fair Acres provides you with mortgage/bond payments covered for 3 years (up to 14% interest rate) & no levies payable in first three years. There is a rental pool option to be established after initial 3 years ~ rental income & the ability to have a free annual 1 month holiday (December months can be used). There is a track record of steady capital growth of 8-10% per annum in Knysna and its surrounds & discounts are available to all buyers on conference and restaurant facilities as well as Golf playing packages.

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