Sale
South Africa

2

Beds

1

Baths

1

Parking

103 m²

Floor area

Apartment 2 beds 1 bath 103 m²

About this property

Overview

An excellent investment opportunity awaits in the heart of Berea, Johannesburg. This spacious 2-bedroom, 1-bathroom apartment is situated on the 3rd floor and offers generous proportions throughout.

Features

Main Apartment

  • Entrance hall opening into a separate kitchen
  • Ample cupboard space and appliance connections
  • Movable four-plate electric stove
  • Expansive living room comfortably accommodating both lounge and dining furniture
  • Both sunrise and sunset warmth, ideal for colder days
  • Sun-facing private balcony
  • Two well-sized bedrooms filled with natural light
  • Built-in wardrobes in both bedrooms
  • Separate bathtub and basin room
  • Separate toilet

Building & Additional Features

  • Dedicated parking space included
  • Additional separate staff accommodation currently leased, generating extra rental income
  • Lifts and staircases for easy access to all floors
  • Unhindered view of the horizon

Location

Ideally located close to the inner city, this property is perfect for portfolio-building investors or first-time buyers.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Dining Room
Staff Accommodation
Garage

Features & amenities

balconybuilt-in wardrobesparkinginvestment propertyrental incomeliftscity views

Price & ownership

Asking price R 310 000
Price per m² R 3 010
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 310K
Taxes + legal + admin fees R 11,7K

Rough split: 96.4% purchase price, 3.6% buying costs.

  • Asking price R 310 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 11 174
  • Deeds lodgement R 52
  • Total indicative R 321 660

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 2 927 /month

Total paid over 20 years (deposit + repayments): R 733 582

Deposit 10% · R 31 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 279 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.