2
Beds
1
Baths
1
Parking
104 m²
Floor area
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
Features & amenities
Price & ownership
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
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
Total paid over 20 years (deposit + repayments): R 662 590
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.