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Berea, Berea, Johannesburg Central, Gauteng
R 289 000
Investment Opportunity | Fully Tenanted | Strong Rental YieldUnit Size: 89 sqmBedrooms: 2 Partitioned into 4 for maximum returnBathroom: 1.5Levy: R1 175Parking: BasementFloor: 7th North-FacingINCOME-GENERATING APARTMENT IN A SECURE, WELL-MANAGED BUILDINGSituated in the heart of Berea, this spacious 89sqm seventh-floor apartment offers exceptional value for the astute investor.A major advantageFully functional elevator a rare and valuable feature in many Berea buildings.North-facing position bright, warm and energy-efficient.Fully tenanted and income-producing.CURRENT INVESTMENT PROFILECurrently partitioned into 4 bedroomsPotential gross rental income: R6 600 per monthLow levy: R1 175Excellent entry price at R299 000This makes it a compelling option for investors seeking strong rental returns in a high-demand rental node.APARTMENT FEATURES2 Original bedroomsLounge converted into additional bedrooms for higher yieldKitchenOpen balconyBathroom bath andamp basinSeparate toiletBasement parkingSECURITY andamp BUILDING FEATURES24-hour manned securityBiometric fingerprint access controlClean, well-managed buildingFunctional elevator big bonus for high-rise livingWHO SHOULD BUY THISBuy-to-let investorsPortfolio buildersFirst-time property investorsBuyers seeking strong cashflow at an affordable entry pointFINAL WORDAt this price, with tenants already in place and income flowing, this is a plug-and-play investment opportunity in one of Johannesburgs established rental hubs.Opportunities at this level move quickly.Secure your viewing today.DORICEL PTY LTD trading as REMAX Superior Mulbarton operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 2 729
on a R 260 100 bond over 20 years at 11.25%
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Berea, Berea, Johannesburg Central, Gauteng
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 17% below comparable 2-bed apartments for sale in Berea
Based on 37 comparable listings
A market signal from comparable listings — not a formal valuation.
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Berea