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Berea, Berea, Johannesburg, Gauteng
R 289 000
Unit Size: 89 sqm Bedrooms: 2 (Partitioned into 4 for maximum return) Bathroom: 1.5 Levy: R1 175 Parking: Basement Floor: 7th (North-Facing) INCOME-GENERATING APARTMENT IN A SECURE, WELL-MANAGED BUILDING Situated in the heart of Berea, this spacious 89sqm seventh-floor apartment offers exceptional value for the astute investor. A major advantage? Fully 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 PROFILE Currently partitioned into 4 bedrooms Potential gross rental income: ±R6 600 per month Low levy: R1 175 Excellent entry price at R299 000 This makes it a compelling option for investors seeking strong rental returns in a high-demand rental node. APARTMENT FEATURES 2 Original bedrooms Lounge (converted into additional bedrooms for higher yield) Kitchen Open balcony Bathroom (bath andamp; basin) Separate toilet Basement parking SECURITY andamp; BUILDING FEATURES 24-hour manned security Biometric fingerprint access control Clean, well-managed building Functional elevator (big bonus for high-rise living) WHO SHOULD BUY THIS? Buy-to-let investors Portfolio builders First-time property investors Buyers seeking strong cashflow at an affordable entry point FINAL WORD At this price, with tenants already in place and income flowing, this is a plug-and-play investment opportunity in one of Johannesburg’s established rental hubs. Opportunities at this level move quickly. Secure your viewing today. DORICEL (PTY) LTD trading as RE/MAX Superior (Mulbarton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
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, Gauteng
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 15% below comparable 2-bed apartments for sale in Berea
Based on 42 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Pieter Erasmus
Unclaimed listing — claim it to verify
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