House for sale
Central Rietfontein located steps from shops and amenities — generous communal living with a functional kitchen, pet-friendly outdoor space and parking for about 15 vehicles; 12 bedrooms, multiple bathrooms.
12-Bedroom Investment Opportunity in the Heart of Rietfontein
Currently generating approximately R30,000 per month in rental income, this expansive property offers an exciting investment opportunity in a sought-after Rietfontein location, conveniently positioned close to shops and everyday amenities.
Set on a substantial 1,006m2 erf, the property offers generous accommodation and excellent potential for investors, extended families, or buyers looking to maximise rental income.
The property features 12 bedrooms and multiple bathrooms, with four of the bedrooms offering en-suite bathrooms. The accommodation is supported by a functional kitchen and spacious communal areas, making the property well suited to shared accommodation or multi-generational living.
Property Highlights:
·12 bedrooms
·Multiple bathrooms, including 4 en-suite
·Approximately 290m2
·1,006m2 stand
·Current rental income of approximately R30,000 per month
·Functional kitchen
·General Residential zoning
·Building plans require updating
·Large driveway and extensive parking
·Parking for up to approximately 15 vehicles
·Secure gated entrance
·Security gates
·Pet-friendly outdoor space
Excellent development and rental potential
The property`s generous layout creates several possibilities for future use. It could continue operating as a rental accommodation property, accommodate a large extended family, or potentially be converted for alternative uses such as a daycare/kindergarten, subject to the necessary approvals, zoning requirements, and compliance.
With its substantial stand, high bedroom count, existing rental income, and central Rietfontein location, this property offers investors an opportunity to add value while benefiting from an established income stream.
Viewings are strictly by appointment on predetermined dates and times, as the property is currently occupied by tenants.
Contact me today to arrange your viewing.
Listed for sale at R2,290,000
Wide price range across Pretoria
Prices vary widely across Pretoria, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Pretoria (R2.2M–R3.9M).
Around R1.8M typical in Rietfontein (small sample of 2).
Price comparison based on 39 similar-sized 5+ bed homes.
Market depth
39 listings
Similar homes town-wide
144 days
Median time on market
Medium inventory
Active across Pretoria
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Rietfontein is a well-established, centrally located residential suburb in Pretoria that offers residents a quiet, family-friendly atmosphere with convenient access to major amenities and key transport routes.
