2 Bedroom Flat in Berea

R 225 000

Ian Bouwer

Mamela Estates

2 Bedroom Flat in Berea

R 225 000

1 prospect place, 25 prospect road
Can I afford this?
2 Beds
2 Baths
Floor Area 89 m²
Levy R 106828

An exciting well price opportunity at Prospect Place, a favourite amongst investors, walking distance from the Johannesburg University Doornfontein campus and Parktown BRT Bus route, a huge improvement for the public transport sector.

The building is duly guarded by a turn style finger print security system as well as full time guards at the entrance. The lift is in a working condition and the building is insured.

Prospect Place is now under good management and has the potential to be one of the finest buildings in Berea. It is also high in demand with residents due to the above outstanding features.

Mamela is also currently managing a number of units in the building and the investors are getting great return on their acquisitions

This is a very spacious two bedroom unit which consists of a bathroom with a basin and a toilet. It has a separate bathroom and a living area which is sub-divided into an extra room. There is also a separate kitchen and an open balcony.

R 4 400.00 pm. is currently paid to the owner. According to rental managers in that area, a rental income of between R 4 600.00 p.m. and R 4 800.00 p.m. can be achieved if the property is upgraded to the specifications.

The flat is in a good condition. There are missing tiles that needs to be replaced. The bathroom requires painting and general cosmetic maintenance. A detailed maintenance quotation will be supplied to the successful buyer.

Read More

Key Property Features

2
Bedrooms
2
Bathrooms
1
Lounges
Balcony
Kitchen

Email the Agent or request the agent Call You Back should you wish  to set up an appointment to view this property or ask for more details.

Contact Agent

Sending Message...
By sending, you agree to Private Property's terms and conditions

Photo Gallery

Share this Property

Need a Home Loan?

R
R
*
%
 
Monthly Repayment

Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.25% for 20 years
Apply for pre-approval
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

Experience Johannesburg CBD and Bruma

The Johannesburg CBD encompasses a vast area, ranging from the affluent areas like Linksfield, to more affordable areas like Hillbrow and Bruma. After years of being seen as a no-go area by many, the city centre has bounced back to being in demand again. A massive urban regeneration project has seen money pumped into the area and occupancy is up and crime is down - a sure sign that it's working. The Maboneng precinct, for instance, now attracts a hip, arty crowd to its bars, restaurants, shops and art galleries.

The Observatory Golf Club in Johannesburg CBD and Bruma
Find out more about Johannesburg CBD and Bruma

2 Bedroom Flat in Berea

R 225 000

2 Bedroom Flat in Berea photo number 1
2 Bedroom Flat in Berea photo number 2
2 Bedroom Flat in Berea photo number 3
2 Bedroom Flat in Berea photo number 4
2 Bedroom Flat in Berea photo number 5
2 Bedroom Flat in Berea photo number 6
2 Bedroom Flat in Berea photo number 7
2 Bedroom Flat in Berea photo number 8
2 Bedroom Flat in Berea photo number 9
2 Bedroom Flat in Berea photo number 10
2 Bedroom Flat in Berea photo number 11
2 Bedroom Flat in Berea photo number 12
2 Bedroom Flat in Berea photo number 13
2 Bedroom Flat in Berea photo number 14
2 Bedroom Flat in Berea photo number 15
2 Bedroom Flat in Berea photo number 16
2 Bedroom Flat in Berea photo number 17

Contact Agent

Sending Message...
By sending, you agree to Private Property's terms and conditions

Apply for a Home Loan

Contact
Agent