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MyProperty Africa
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MyProperty Africa
MyProperty Africa
R 1,070,000
South AfricaGauteng›Johannesburg›Berea›MPLS-10691
Front exterior view of the property featuring a bright blue facade, metal security gates, and a brick-paved driveway area.
Rear exterior view of a character home featuring a gabled roof, covered porch, and tiled entrance steps, showing significant signs of exterior wear.
A kitchen space in need of significant renovation, featuring tiled floors, wall tiling, and visible signs of water damage and plaster deterioration.
Front exterior view of the property featuring a bright blue facade, metal security gates, and a brick-paved driveway area.
Rear exterior view of a character home featuring a gabled roof, covered porch, and tiled entrance steps, showing significant signs of exterior wear.
A kitchen space in need of significant renovation, featuring tiled floors, wall tiling, and visible signs of water damage and plaster deterioration.
Spacious bedroom featuring a classic ornate pressed metal ceiling, ceiling rose, and a built-in fireplace surround, offering significant potential for renovation.
A dated bathroom featuring a built-in vanity, bathtub, and toilet, requiring renovation to update the worn finishes and fixtures.
View Area Map

House for sale

Berea, Johannesburg
12 Beds
2 Baths
495m² Land

House For Sale In Johannesburg

Earn steady rental income in lively Berea, Gauteng — walkable urban locale with multiple income units, operational spaza and gas-refill carport; 12 beds and shared bathrooms.

High-Yield Investment Property in Berea, Gauteng

Property Key Features

Rooms

8 Bedrooms

Bathrooms

Parking

Carport

Property Description

This extensive multi-tenant investment property in Berea offers substantial rental income potential with multiple income-generating units across a 495 m2 stand.

The main house features eight spacious bedrooms designed to maximize rental yield.

Three of the large bedrooms are rented out at R2,400 each, while three additional bedrooms bring in R1,800 each. One of the eight main rooms features a private en-suite bathroom, another spacious room rents at R2,000, and the eighth bedroom is cleverly divided into two functional, spacious spaces.

The main house includes a kitchen equipped with a sink and a full bathroom serving the main living areas.

In addition to the main house, the property features three outside backrooms rented at R1,800 and R2,400 respectively. Among these backrooms, one includes a private en-suite, while two others share a dedicated bathroom with a shower, basin, and toilet. A room at the front of the property is also rented out at R1,800.

The property further optimizes commercial potential with an operational spaza shop rented out at R2,400, alongside an enclosed carport currently utilized as a gas refill shop business.

Additional features

Pets Allowed

Ownership costs

Home Loan Repayment
R 9,777
Rates & Taxes
R 2,000
Levy
R 1,000
TotalR 12,777
Could you qualify for a lower home loan rate?

Property history

Listed for sale at R1,070,000

24 Jul 2026

Smart property insights

Limited · based on 177 5+ bed listings, size not compared

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.

This homeR 1,070,000R1.1MBelow typical range
R 1,300,000R1.3MLower typical
R 2,600,000R2.6MUpper typical

Market depth

177 similar homes

185 listings across Johannesburg

93 days

Median time on market

Many similar homes

Active across Johannesburg

Johannesburg insightsBerea insights

MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.

Find similar nearby propertiesSame style and feel, in this price range
Abraham Mathenjwa

Presented by

Abraham Mathenjwa

Property Practitioner

Mandated Property Group

Mandated Property Group

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Useful links+-
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Useful links

  • Property to rent in Berea
  • Estate agents in Berea

Area overview

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.

Shopping

  • •
    Berea Centre(1.2 km) · Shopping Mall
  • •
    Hillbrow Shopping Centre(0.8 km) · Retail

Education

  • •
    University of the Witwatersrand(2.5 km) · University
  • •
    Barnato Park High School(0.5 km) · Secondary School

Transport

  • •
    Park Station(2.0 km) · Bus and Train Station
  • •
    M1 Highway(1.5 km) · Highway

Parks & Recreation

  • •
    Joubert Park(1.8 km) · Park
  • •
    Hillbrow Recreation Centre(0.7 km) · Sports Facility

Healthcare

  • •
    Charlotte Maxeke Johannesburg Academic Hospital(3.5 km) · Hospital
  • •
    Hillbrow Community Health Centre(0.9 km) · Medical Center
View Berea Market Insights & Stats→

* Distances and amenities are approximate.