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City-savvy living in Berea with quick access to UJ, Wits and transport; north-facing studio offers private balcony with Sandton views, plus contemporary bathroom and secure parking.
🌟 Exceptional Investment Opportunity in Berea – Preston Place 🌟
Explore incredible value with this strategically located bachelor apartment in the desirable Preston Place, nestled in the vibrant heart of Berea, Johannesburg.
This north-facing 49m2 unit is crafted for both comfortable city living and savvy investing. It boasts a well-equipped kitchen, a contemporary bathroom, and an open-plan living area that features a cleverly divided bedroom space, ensuring both practicality and privacy. Step out onto your private balcony and take in the breathtaking views towards Sandton—an exceptional perk at this price.
🏢 Building Amenities Include:
- 24-hour security for your peace of mind
- Biometric access control
- Secure basement parking
- Inviting swimming pool
- Dedicated postal boxes
What truly distinguishes Preston Place is its remarkable track record of 100% tenant occupancy, making this unit a prime turnkey investment with robust rental demand.
📍 Location Advantages:
Ideally situated near major public transport routes and within convenient reach of prestigious institutions like UJ and Wits University, ensuring lasting appeal for tenants and young professionals alike.
💼 Whether you're an investor seeking reliable returns or a buyer in search of convenience and lifestyle, this apartment meets all your needs.
💰 Priced to sell – seize this incredible opportunity before it’s gone!
Listed for sale at R230,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 24 listings in Berea
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 28% below the median. Floor size is 34% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 2,258 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
24 similar listings
Medium similar-home inventory in Berea
Median time on market: 96 days
* 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
Berea offers a vibrant urban lifestyle with a mix of residential options, convenient access to amenities, and a diverse community, making it an attractive place to live for those seeking a central location in Johannesburg.
* Distances and amenities are approximate.
