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Berea, Berea, Johannesburg, Gauteng
R 1 200 000
High-Yield Investment Property in Berea, Gauteng Property Key Features Rooms 8 Bedrooms Bathrooms Parking Carport Property Description This extensive multi-tenant investment property in Berea offers substantial rental income potential with multiple income-generating units across a 495 m² stand. The main house features eight spacious bedrooms designed to maximize rental yield. Three of the large bedrooms are rented out at R2,400 each, while three additional bedrooms bring in R1,800 each. One of the eight main rooms features a private en-suite bathroom, another spacious room rents at R2,000, and the eighth bedroom is cleverly divided into two functional, spacious spaces. The main house includes a kitchen equipped with a sink and a full bathroom serving the main living areas. In addition to the main house, the property features three outside backrooms rented at R1,800 and R2,400 respectively. Among these backrooms, one includes a private en-suite, while two others share a dedicated bathroom with a shower, basin, and toilet. A room at the front of the property is also rented out at R1,800. The property further optimizes commercial potential with an operational spaza shop rented out at R2,400, alongside an enclosed carport currently utilized as a gas refill shop business.
Estimated monthly repayment
R 11 332
on a R 1 080 000 bond over 20 years at 11.25%
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Berea, Berea, Johannesburg, Gauteng
Liivra AI market value
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Listed by
Thulani Govender
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