Apartment for sale
Turnkey investment offering secure, low-maintenance living in Wakenshaw, close to the Houghton/Joe Slovo border — open balcony and working lifts, two bedrooms, one bathroom, strong rental yield.
NO BRAINER!!
Flat for sale, Two bedroom unit in Wakenshaw The property is tenanted with a rental of R6000-00 p.m. Pre-paid electricity. Water and sewerage included in rental. The building does have security, working lifts and located close to the Houghton Joe Slovo Border.C.O.J statements are up to date.
The apartment has two separated bedrooms with fitted wardrobes, separate living room, separate bathroom with shower, separate kitchen with cabinets. Open balcony.
Levy is R1800.84 p.m.
Reserve fund levy is R541.68 p.m.
As an investment, the following calculations might surprise you:
14.23 % R.O.I Nett with a R6000-00 rental on a R260 000-00 Cash purchase price.
Make an offer as soon as possible as this one will
Make an offer as soon as possible as this one will sell quick.
WE ARE REGISTERED WITH THE PPRA FFC NUMBER 0746087
TRUTS ACCOUNT OPERATIVE
Listed for sale at R260,000
How does this home’s price compare with similar properties?
Price comparison based on 13 similar-sized 2-bed homes.
Insight
Priced 67% below the local median - but still inside the typical range in Berea.
Compared with 13 similar active listings in Berea.
It is lower per m² than typical, which helps explain where it sits in the range.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Berea is a centrally located, high-density urban suburb in Johannesburg that offers residents convenient access to the inner city's vibrant commercial hubs and essential public services.
