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.