Berea · Apartment For Sale
Apartment For Sale in Berea
- R 100,000
- 1 ba
- 48 m²
Highrise located in Berea is the centre of attraction for investors.
The building is stable with good security providing safe conditions for its residents.
This 48m2 unit offers a spacious bachelor apartment with fitted wardrobes, kitchen, and a separated full bathroom.
Rental income R3300.00 excluding utilities can be achieved.
Calculation:
Purchase with Bond (90%):
R 100 .00 Bond at 90 %
=R 975.00 pm.
Monthly Levy
=R 1 038.18 pm.
Rental Management fee (if applicable) =R 379.50 pm.
Total
=R 2 292.68 pm.
R 3 300.00 rental income - R 2 292.68 expenses
=R 1007.32 Cashflow positive.
Purchase with Cash:
Monthly Levy
=R 1 038.18 pm.
Rental Management fee (if applicable) =R 379.50 pm.
Total
=R 1 077.68 pm.
R 3300.00 rental income R 1 077.68 expenses
= R 2 222.32 Cashflow positive.
Gross Yield: 39.6% at R 3300.00 rental income
Property Information & Features
- Property Type
- Apartment
- Listing Type
- For Sale
- Location
- Berea, Johannesburg
- Price
- R 100,000 · Get Pre-Qualified
- Price per m²
- R 2,083
- 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 103,750
The current average sales price for a 1 bedroom property in Berea on ImmoAfrica.net is R 207,857
The current average rental price for a 1 bedroom property in Berea on ImmoAfrica.net is R 3,640
The current average sales price for a 2 bedroom property in Berea on ImmoAfrica.net is R 371,429
The current average rental price for a 2 bedroom property in Berea on ImmoAfrica.net is R 5,600
The current average sales price for a 3 bedroom property in Berea on ImmoAfrica.net is R 420,000
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.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Bedrooms | Buy | Rent |
---|---|---|
Studio | R 103,750 | |
1 Bed | R 207,857 | R 3,640 |
2 Bed | R 371,429 | R 5,600 |
3 Bed | R 420,000 | |
4 Bed | ||
5 Bed |
Bedrooms | Buy | Rent |
---|---|---|
Studio | R 2,351 | |
1 Bed | R 3,037 | R 65 |
2 Bed | R 3,787 | R 63 |
3 Bed | R 3,896 | |
4 Bed | ||
5 Bed |