High-Yield 3-Bedroom Investment Property | Pine Street, Cloetesville.
This beautifully upgraded semi-detached home offers a strong, affordable entry into the buy-to-let market with immediate income and solid long-term growth potential.
Currently generating a rental income of R8 500 per month, the property delivers excellent returns at this price point.
Investment Snapshot:
Monthly rental income: R8 500
Annual rental income: R102 000
Asking price: R800 000
Gross yield: ±12.75% per annum
Tenant in place – instant cash flow
The home welcomes you through a modern aluminium front door into a spacious open-plan lounge and dining area, enhanced by two elegant chandeliers, ample downlighting, and a fireplace—features that increase both rental demand and resale appeal.
It offers three well-sized bedrooms and two bathrooms, ideal for family rentals, shared accommodation, or professional tenants. The kitchen is fitted with built-in cupboards, ensuring practicality and low ongoing maintenance.
A valuable additional room, suitable as a study or home office, leads to a fully enclosed entertainment area with built-in cupboards and a built-in braai—a rare bonus at this price level.
Parking is a major advantage, with an enclosed garage, accommodating up to four vehicles, significantly boosting tenant appeal and security.
Location Benefits:
Walking distance to Cloetesville Primary and High School
Easy access to the local shopping centre
Consistent rental demand area
Why This Property Makes Sense:
Strong gross yield of ±12.75%
Affordable price with upside
Upgraded, move-in ready condition
Excellent tenant retention features
Ideal for first-time or portfolio investors
A solid, income-generating asset offering immediate returns at an exceptional price point.
Features
Cloetesville, Stellenbosch
- Street map
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Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Just Property Group website is accurate and up to date, Just Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.