Apartment for sale
Start your investor journey in lively Berea with this vacant bachelor apartment in Selray Mansions, offering renovation potential and strong rental demand — priced at R150,000, with potential rental income ~R3,300/month.
?? BANK-ASSISTED SALE | AFFORDABLE FIXER-UPPER INVESTMENT OPPORTUNITY IN BEREA
Attention property investors and renovators! This bachelor apartment in Selray Mansions, Berea, presents an excellent opportunity to acquire a property at an affordable entry price and unlock its income-generating potential.
Priced at only R150,000, this vacant bachelor unit is ideal for buyers looking to renovate and add value. The apartment requires refurbishment and repairs, including flooring and window replacements, making it particularly suitable for investors seeking a project with strong upside potential.
Located in a well-established rental area, the property benefits from consistent tenant demand and offers the opportunity to generate attractive rental income once renovated. Similar units in the building currently achieve rentals of approximately R3,300 per month.
Property Features:
? Bachelor Apartment
? Vacant and Ready for Renovation
? Bank-Assisted Sale
? Excellent Investment Opportunity
? Strong Rental Demand Area
? Potential Rental Income of Approximately R3,300 per Month
? Priced at Only R150,000
? Ideal for Investors and Renovators
Whether you are an experienced investor or looking for an affordable entry into the property market, this unit offers the opportunity to create value and build long-term rental income.
Contact me today to arrange a viewing.
Listed for sale at R150,000
Wide price range across Johannesburg
Prices vary widely across Johannesburg, so a like-for-like comparison isn't reliable for this home.
Below the typical range for Johannesburg.
Around R575k typical in Berea (small sample of 2).
Price comparison based on 124 similar-sized homes.
Market depth
124 similar homes
182 listings across Johannesburg
135 days
Median time on market
Many similar homes
Active across Johannesburg
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.
