I Bought a Property the Japanese Government Rents

How ignoring the Cape Town hype and thinking outside the box led me to a R21,000/month ($1,095) rental gem!

Apr 22, 2025

Hey guys,

When I started The Yachting Investor- I promised unconditional transparency about all my personal deals and affairs. I do this for 2 reasons:

Trust is important. I want you all to trust me and being radically open will aid in this.
It keeps me accountable to always do my best in deal-making. If I fuck up, it’s all in writing to thousands of people.

Here’s me spilling the tea:

Cape Town is beautiful—and profitable.
I own two properties there, both of which are now cash flow positive.

But it took time.
Yields were tight in the beginning, and prices are often inflated due to high demand and limited supply.

That’s what pushed me to look elsewhere.
And Pretoria delivered.

The Numbers

I bought an apartment in Pretoria for R1,750,000 ($91,300).
I put down a 10% deposit—R175,000 ($9,130).

My mortgage rate is prime minus 1.48%, currently at 9.52%.
My monthly repayment is R16,460.51 ($859), with R13,079.49 ($682) going toward interest.

The tenant?
The Japanese ambassador.

Backed by a 2-year lease with the Japanese government.
They pay R21,000/month ($1,095)—always on time.
They even pay for private security outside the building, which benefits everyone in the block.

Ongoing costs:

Levies: R1,500 ($78)
Rates & Taxes: R500 ($26)

My monthly net cash flow is around R2,540 ($132).
That either goes toward extra bond payments or savings for the next deal.

Why Pretoria?

Pretoria is home to dozens of embassies and diplomats.
Stable, professional tenants with long leases and minimal hassle.

These kinds of renters aren’t price sensitive—they’re quality sensitive.
And they bring neighbourhood benefits like enhanced security and well-kept buildings.

Deals like this exist.
You just have to look beyond the usual spots.

The Power of Leverage

I only put down R175,000 ($9,130).
And now I control a R1.75 million ($91,300) asset.

Every month, my tenant pays off the loan.
And I make a monthly profit while I wait for appreciation and rent growth.

This is how wealth is built—quietly, and with good tenants.

Episode 7 of The Rich AF Podcast Is Out!

If you prefer to listen via Spotify check this out:

Want to Find Deals Like This?

I run a free WhatsApp group aspiring property investors—especially yacht crew.

We’ve partnered with:

Top estate agents
Bond originators
Transfer attorneys
Rental managers

It’s a one-stop shop for buying property in South Africa—with massive discounts for yachties.

Join the WhatsApp Property Group here!

If you're serious about building your property portfolio, start looking beyond the hype.

Value is everywhere.
You just have to know where to look.