Sale
South Africa

2

Beds

1

Baths

1

Parking

104 m²

Floor area

Apartment 2 beds 2 baths 104 m²

About this property

This neat and generously sized 104m² north-facing apartment offers excellent value and strong rental potential for investors and first-time buyers alike. Perfectly positioned on the 3rd floor, the unit is bright, airy and well maintained.

Property Features: • 2 spacious bedrooms • 1.5 bathrooms (bath/toilet + separate guest toilet) • Large lounge-turned bedroom • Open balcony • Kitchen • Reception area • 1 basement parking • North-facing with great natural light • Secure building • Prepaid electricity • Potential rental income: ±R6,800 per month (excluding prepaid electricity)

Building & Lifestyle: • Safe and well-managed block • Ideal for young professionals, small families or investors • Quiet part of Berea with a community feel

Location Advantage: Located on Barnato Street, just above Joe Slovo Drive, offering quick access to major transport routes. Berea North is known for being the quieter, more sought-after pocket of the area. All essential amenities are close by, including public transport, shops & supermarkets, schools, and health facilities.

Rooms & layout

Bedroom × 2
Bathroom
Guest Toilet
Lounge
Kitchen
Reception
Garage

Features & amenities

North facingNatural lightSecure buildingBalconyPrepaid electricityBasement parkingInvestment potential

Price & ownership

Asking price R 280 000
Price per m² R 2 692
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 280K
Taxes + legal + admin fees R 11,2K

Rough split: 96.2% purchase price, 3.8% buying costs.

  • Asking price R 280 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 10 669
  • Deeds lodgement R 52
  • Total indicative R 291 155

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 2 644 /month

Total paid over 20 years (deposit + repayments): R 662 590

Deposit 10% · R 28 000
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 252 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

© 2026 Fermain Pty Ltd, trading as Yagr.