2 Bedroom Apartment in Berea
Berea, Johannesburg Central, Gauteng
Listed by
Justice Ncube
RE/MAX Superior - Mulbarton
Details
Investment Opportunity | Fully Tenanted | Strong Rental YieldUnit Size: 89 sqmBedrooms: 2 Partitioned into 4 for maximum returnBathroom: 1.5Levy: R1 175Parking: BasementFloor: 7th North-FacingINCOME-GENERATING APARTMENT IN A SECURE, WELL-MANAGED BUILDINGSituated in the heart of Berea, this spacious 89sqm seventh-floor apartment offers exceptional value for the astute investor.A major advantageFully functional elevator a rare and valuable feature in many Berea buildings.North-facing position bright, warm and energy-efficient.Fully tenanted and income-producing.CURRENT INVESTMENT PROFILECurrently partitioned into 4 bedroomsPotential gross rental income: R6 600 per monthLow levy: R1 175Excellent entry price at R299 000This makes it a compelling option for investors seeking strong rental returns in a high-demand rental node.APARTMENT FEATURES2 Original bedroomsLounge converted into additional bedrooms for higher yieldKitchenOpen balconyBathroom bath andamp basinSeparate toiletBasement parkingSECURITY andamp BUILDING FEATURES24-hour manned securityBiometric fingerprint access controlClean, well-managed buildingFunctional elevator big bonus for high-rise livingWHO SHOULD BUY THISBuy-to-let investorsPortfolio buildersFirst-time property investorsBuyers seeking strong cashflow at an affordable entry pointFINAL WORDAt this price, with tenants already in place and income flowing, this is a plug-and-play investment opportunity in one of Johannesburgs established rental hubs.Opportunities at this level move quickly.Secure your viewing today.DORICEL PTY LTD trading as REMAX Superior Mulbarton operates in terms of a franchise agreement with REMAX of Southern Africa.
Location
Map showing the location of 2 Bedroom Apartment in Berea