Investment
Opportunities ranked by return, not by render
Every project below is modelled on the same assumptions: 22% of gross rental for levies, rates, management and vacancy, and a 6% per annum capital growth base case.
Calculator
Model any purchase
- Gross rental yield
- 10.68%
- Net rental yield
- 8.33%
- Net annual income
- R 132 912
- Cash invested
- R 159 500
- Value in 5 years
- R 2 134 470
- 5-yr return on equity
- 755%
Assumes 22% of gross rental absorbed by levies, rates, management and vacancy. Illustrative only — not financial advice.
Highest yielding
Top income opportunities
PretoriaIQ Developments
IQ Developments Hatfield
The highest-yielding rental product in the Pretoria market.
- From
- R 749 000
- Gross yield
- 10.8%
- Completion
- Q1 2027
- Progress
- 52% complete
SandtonBlackBrick Property
BlackBrick Sandton
Hotel-style co-living with a managed rental pool and hands-off income.
- From
- R 1 450 000
- Gross yield
- 9.8%
- Completion
- Q2 2027 (Phase 3)
- Progress
- 55% complete
Cape TownSignatura
Station House
A heritage office block reimagined as high-yield city apartments.
- From
- R 1 395 000
- Gross yield
- 9.4%
- Completion
- Q1 2027
- Progress
- 48% complete
Cape TownAmdec Group
The Yacht Club
Waterside living on the Roggebaai Canal, minutes from the V&A Waterfront.
- From
- R 1 750 000
- Gross yield
- 9.1%
- Completion
- Completed
- Progress
- 100% complete
PretoriaMenlyn Maine Investment Holdings
Menlyn Maine Residences
Apartments inside Africa's first green mixed-use city.
- From
- R 1 195 000
- Gross yield
- 8.9%
- Completion
- Q2 2027 (Phase 4)
- Progress
- 64% complete
Cape TownAbland & Nedbank Property Partners
The Rubik
A sculptural glass tower on the last harbour-facing corner of Loop Street.
- From
- R 1 895 000
- Gross yield
- 8.6%
- Completion
- Completed — immediate occupation
- Progress
- 100% complete
Scenarios
Three investor profiles
Income buyer
One-bedroom apartment in Waterfall City or Pretoria East, let to a corporate tenant.
- Purchase
- R 995 000
- Deposit (10%)
- R 99 500
- Monthly rental
- R 9 200
- Gross yield
- 11.1%
- Net yield after costs
- 8.7%
Growth buyer
Two-bedroom Atlantic-facing apartment in Cape Town, mixed long and short letting.
- Purchase
- R 3 450 000
- Deposit (20%)
- R 690 000
- Monthly rental
- R 24 500
- Gross yield
- 8.5%
- 5-yr value (6% p.a.)
- R 4 617 000
Portfolio buyer
Three-unit residential block plus one sectional-title office floor across two nodes.
- Total outlay
- R 6 950 000
- Blended yield
- 9.4%
- Annual net income
- R 509 000
- Vacancy assumption
- 6 weeks p.a.
- Management fee
- 8% of gross
Assumptions
What sits behind our numbers
- Bond repayments modelled at the South African prime rate of 11.25% over a 20-year term with no rate discount assumed.
- Operating costs held at 22% of gross rental, covering body corporate levies, municipal rates, insurance, management and vacancy.
- Capital growth base case of 6% per annum, below the 10-year national nominal average for the nodes we sell in.
- No transfer duty is payable on new developments; VAT at 15% is included in the developer's purchase price.
- Non-resident purchasers are modelled at a maximum 50% local loan-to-value in line with Reserve Bank exchange control practice.
- Rental figures reflect current achieved rentals in comparable completed buildings, not developer projections.