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Berea, Berea, Johannesburg, Gauteng
R 185 000
Great investment, 2 bedroom unit in berea, priced to go!!! Westmorland!!! This unit, sitting at 70sqm offers a small lounge (welcome area) with 2 large bedrooms, kitchen, bathroom and sunny open balcony. The unit could needs a bit of work especially in the bathroom and kitchen as there are missing tiles and paint throughout but Its perfect for investors looking to maximize on rental income. The building is well maintained and extremely popular with tenants due to its central location being close to all major amenities and main bus and taxi routes. The block is located close to University of Johannesburg, Shoprite, Rea Vaya Bus Stop. It benefits from 24-hour security, access controlled security gate as well as undercover parking. Estimated monthly Levy: R 1 477.00 Electricity - Prepaid Water - Metered Current Rental: R 3 700 Potential Rental income: R 5 000 - R 5 900 per month.
Estimated monthly repayment
R 1 747
on a R 166 500 bond over 20 years at 11.25%
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Berea, Berea, Johannesburg, Gauteng
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 46% below comparable 2-bed apartments for sale in Berea
Based on 42 comparable listings
A market signal from comparable listings — not a formal valuation.
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