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1 Bed Apartment For Sale in Berea | MyProperty Africa

67% below 1-bed median

Under Offer

Apartment in Berea, Johannesburg

Bedrooms1

Bathrooms1

Floor Size59 m²

Living Areas1

One Bedroom Apartment for sale in Faymore.

Secure, convenient living in Berea with upgraded building security and quick access to amenities; recently renovated one-bedroom, one-bath apartment featuring a separate enclosed balcony—ideal for investors.

Great investment. Stunning clean and secure building. One bedroom unit in Faymore. A great building and a favourite amongst residents and investors. The property is leased with a tenant that pays R4400-00 rental excluding utilities. The market related rental for this unit is R5500-00 p.m. pre-paid electricity. Faymore boasts with upgraded security, located amongst prime amenities in Berea, Johannesburg.

The apartment has one bedroom. One living area, separate enclosed balcony, separate bathroom, separate kitchen with cabinets. The entire unit was renovated recently.

Levy is R1917.00 p.m.

As an investment, the following calculations might surprise you:

16.1% R.O.I Nett with a R5500-00 rental on a R170 000-00 Cash purchase price.

Make an offer as soon as possible as this one will sell quick.

Monthly Costs

Levy

R 1,917

TotalR 1,917

* Monthly costs are estimates and should be confirmed with the agent.

Property history

Listed for sale at R185,000

14 Nov 2025

Smart Property Insights

MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties

Based on 192 listings in Johannesburg (town)

Insight

Priced below the median for similar properties in the area. On a price-per-m² basis, it is 72% below the median. Floor size is 11% larger than typical for similar homes.

Based on 192 active similar listings — Strong confidence

Similar properties pricing

This homeR 185,000Below range

R 399,750R400kP25

R 553,333R553kMedian

R 880,242R880kP75

R 399,750R400kP25

R 553,333R553kMedian

R 880,242R880kP75

Key differences

Price per m²72% belowGood value

This homeR 3,136/m²

Area medianR 11,191/m²

Based on 155 listings

Floor size11% aboveAbove-average space

This home59 m²

Typical size53 m²

Based on 155 listings

Affordability

R 1,816 / month

Estimated bond repayment

20 years · 10.25% · 0% deposit

Recalculate

Market depth

192 similar listings

High similar-home inventory town-wide (Johannesburg)

Median time on market: 182 days

Johannesburg Insights·Berea Insights

* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0

Area Overview

Berea offers a diverse and vibrant urban living experience with a mix of residential options, convenient access to amenities, and a strong sense of community.