3 Bedroom House in Cloetesville

High-Yield 3-Bedroom Investment Property | Pine Street, Cloetesville. 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 500Annual rental income: R102 000Asking price: R800 000Gross yield: 12.75 per annumTenant in place instant cash flowThe 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 fireplacefeatures 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 braaia 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 SchoolEasy access to the local shopping centreConsistent rental demand areaWhy This Property Makes Sense:Strong gross yield of 12.75Affordable price with upsideUpgraded, move-in ready conditionExcellent tenant retention featuresIdeal for first-time or portfolio investorsA solid, income-generating asset offering immediate returns at an exceptional price point. Show more Show less