FindHomes
Western Cape
FindHomes
Western Cape
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R 800 000

Cloetesville, Stellenbosch

3 21
320 m² land2 500 R/m²
120 m² interior6 667 R/m²

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What's Special

Mediterranean architecture
Investment opportunity
Entertainment facilities
School proximity

Description

Asking Price: R800 000 | Rental Income: R8 500 pm.
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.

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Features

Modern Kitchen with Built-in Appliances
Spacious Master Suite
Covered Patio
Double Garage
Walk-in Closet
Home Office Space

Rooms

3 Bedrooms
2 Bathrooms
Kitchen
Lounge
Study

Price History

1 July '25

Reduced by R195,000

R1,000,000

-16.3%

4 June '25

Listed on FindHomes

R1,195,000

Location

Location map preview

Listed by

Just Property
714 listings on FindHomes
CT
Christopher Theunissen
4 listings on FindHomes

Free account. You’ll also see the original listing.

Listed by
CT
Christopher Theunissen
4 listings

Free account. Chat to Christopher on WhatsApp and see the original listing.

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How it compares in Cloetesville

Based on 4 live for-sale listings in this suburb.

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See how this home compares

Rank it by price, price per m² and size against 4 listings in Cloetesville.