3 Bedroom House in Cloetesville

This 3-bedroom house in February Street, Cloetesville presents an excellent opportunity for buyers looking to renovate, add value, and capitalise on location.

The property has been unoccupied for some time and was unfortunately vandalised internally. As a result, the home will require substantial internal refurbishment, making it ideal for a cash buyer, developer, or investor.

Current Condition Full Disclosure

Electrical wiring, plugs, and sockets removed

Plumbing pipes removed

Bathroom fittings removed bath, basin, and toilet

Interior requires complete reinstallation and refurbishment

Estimated Renovation Budget Guideline Only

Based on current Stellenbosch Cloetesville building rates, a reasonable renovation allowance would be:

R250,000 R400,000 for basic reinstatement

electrical rewiring, plumbing, basic bathroom, repairs, and repainting

R400,000 R600,000 for a more complete upgrade

modern bathroom finishes, kitchen refresh, improved flooring, lighting, and cosmetic upgrades

Final costs will depend on finishes, contractor pricing, and scope of work.

Property Layout & Potential

Spacious living area with Jetmaster fireplace

Dedicated dining area

Enclosed kitchen

3 spacious bedrooms

Bathroom with separate toilet

Large erf with ample space at the front and back ideal for extensions or future development

Why This Property Still Makes Sense

Located in a decent, established street with well-maintained neighbouring homes

Strong value-add potential

Ideal for renovation-and-resale or long-term rental investment

Opportunity to unlock equity through refurbishment

This is a value-driven renovation opportunity in a good street, priced to reflect the work required.