New Listing

3 Bedroom apartment for sale in Berea, Johannesburg

R200,000
  1. 3
  2. 1.5
  3. Web Ref: 1362822
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Property Features

ERF Size 9,695 m²
Rates R165 per month
Building Size 74m²
Sectional Title Levies R1,174

Interior Features

3 Bedrooms
1 Lounge
Kitchen
1.5 Bathroom
Security

Exterior Features

3 Parking Spaces
Views

INVESTMENT OPPORTUNITY | 3-BEDROOM APARTMENT

INVESTORS TAKE NOTE! An excellent opportunity to acquire a 3-bedroom apartment in the heart of Berea, Johannesburg, situated in one of the area's well-known and prominent high-rise buildings, Tygerberg. The property offers impressive elevated views over Johannesburg CBD, Ellis Park Stadium and the surrounding Berea area, making it an attractive option for investors looking to build or expand their property portfolio.

The apartment is currently tenanted, providing an immediate rental-income opportunity for the new owner. This makes the property particularly appealing to investors who prefer purchasing an existing income-producing asset rather than starting from scratch. The three-bedroom configuration also provides flexibility for different rental strategies, subject to the building's rules and applicable regulations.

The apartment offers a practical layout with an open-plan kitchen, fully tiled for easy maintenance, a large window allowing plenty of natural light, built-in cupboards and additional storage space. The property also includes a bathroom and a separate toilet, adding convenience for tenants and improving the functionality of the apartment.

Bedroom 1 is spacious and features large windows with views overlooking Primrose Terrace, the parking area and parts of Berea.

Bedroom 2 is also generously sized, with large windows providing natural light and built-in cupboards for additional storage.

Bedroom 3 is smaller but functional, with tiled flooring and windows, making it suitable as a bedroom, study or additional living space depending on the tenant's needs.

From an investment perspective, the property's 3-bedroom configuration, central location and existing tenant make it worth considering for investors seeking rental exposure in Johannesburg. The location provides convenient access to the Johannesburg CBD, Berea, Ellis Park and surrounding areas, placing tenants within reach of employment, transport routes, shops, schools and other essential amenities.

The building also offers important features for both landlords and tenants, including security personnel and biometric security access, helping to provide controlled access to the building. The apartment has prepaid water and electricity, allowing for better management of utility consumption. Free parking is also available, adding further value for tenants.

For a first-time investor, this property provides an opportunity to enter the residential property market with an established tenant. For an experienced investor, it can potentially complement an existing portfolio and provide additional rental exposure.

KEY INVESTMENT FEATURES:

3-bedroom apartment
Currently tenanted
Rental-income potential
Prominent high-rise building in Berea
Elevated Johannesburg CBD and Ellis Park Stadium views
Open-plan kitchen
Fully tiled kitchen
Built-in cupboards and storage
Bathroom plus separate toilet
Large windows and good natural light
Biometric security access
Security personnel
Prepaid water and electricity
Free parking
Convenient access to Johannesburg CBD and surrounding areas

Whether you are a first-time buyer looking to enter the property market or an investor seeking a tenanted residential property, this apartment offers an opportunity to acquire an income-producing asset in a well-established Johannesburg location.

Contact us today to arrange a viewing and explore the investment potential of this property.

Contact the agent

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Ngcebo Ntombela
Candidate Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

84 4th Avenue, Linden

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