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16 Prospect Road, Berea, Johannesburg, Gauteng
R 150 000
This 36 sqm unit consists of an open lounge, kitchen, bathroom and open balcony. The block is popular with tenants due to its central location and it being close to all amenities such as the University of Johannesburg and Ellis Park Stadium. The building benefits from 24 hour security and finger print access security gate. The building is currently being managed by SPM and has been very smoothly run since they took over. This block is predominantly owned by investors which speaks for itself. Estimated Levy: R 1238.00 per month. Estimated Rental: R 2 300.00 – r 2 800.00 per month.
Estimated monthly repayment
R 1 416
on a R 135 000 bond over 20 years at 11.25%
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16 Prospect Road, Berea, Johannesburg, Gauteng
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 64% below comparable 3-bed apartments for sale in Berea
Based on 13 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Johan Shabalala
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