Berea · Apartment For Sale
Apartment For Sale in Berea
- R 90,000
- 1 ba
- 48 m²
Panarama Place, located in Berea Johannesburg is the perfect investment opportunity for investors.
This is a bachelor apartment that has a kitchen, bathroom with an enclosed balcony.(Kindly note geyser is not working.)
The rental income that can be achieved is R3200.00.
Calculation:
Purchase with Bond (90%):
R 90 .00 Bond at 90 %
=R 878.00 pm.
Monthly Levy
=R 1 362.31 pm.
Rental Management fee (if applicable) =R 368.00 pm.
Total
=R 2 608.31 pm.
R 3200.00 rental income - R 3 140.28 expenses
=R 591.69 Cashflow positive.
Purchase with Cash:
Monthly Levy
=R 1 362.31 pm.
Rental Management fee (if applicable) =R 368.00 pm.
Total
=R 1 730.31 pm.
R 3 200.00 rental income R 1 730.31 expenses
=R 1 469.69 Cashflow positive.
Gross Yield: 42% at R 3 200.00 rental income
Property Information & Features
- Property Type
- Apartment
- Listing Type
- For Sale
- Location
- Berea, Johannesburg
- Price
- R 90,000 · Get Pre-Qualified
- Price per m²
- R 1,875
- Floor Size
- 48 m²
- Erf Size
- 48 m²
- Bathrooms
- 1
Map & Nearby
Price Trends · Berea, Johannesburg beta
Select filters to see average property values
The current average sales price for a studio in Berea on ImmoAfrica.net is R 88,333
The current average sales price for a 1 bedroom property in Berea on ImmoAfrica.net is R 200,833
The current average rental price for a 1 bedroom property in Berea on ImmoAfrica.net is R 4,000
The current average sales price for a 3 bedroom property in Berea on ImmoAfrica.net is R 411,667
The current average sales price for a 5 bedroom property in Berea on ImmoAfrica.net is R 1,299,000
The current average sales price for a 2 bedroom property in Berea on ImmoAfrica.net is R 370,000
The current average rental price for a 2 bedroom property in Berea on ImmoAfrica.net is R 7,800
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Bedrooms | Buy | Rent |
---|---|---|
Studio | R 88,333 | |
1 Bed | R 200,833 | R 4,000 |
2 Bed | R 370,000 | R 7,800 |
3 Bed | R 411,667 | |
4 Bed | ||
5 Bed | R 1,299,000 |
Bedrooms | Buy | Rent |
---|---|---|
Studio | R 1,915 | |
1 Bed | R 2,669 | R 64 |
2 Bed | R 3,684 | R 68 |
3 Bed | R 3,841 | |
4 Bed | ||
5 Bed | R 1,910 |