Tygerberg Ref 925


Property ID

127 Sqm







Tygerberg is located in Hadfield Road, Berea. This area is a favourite amongst investors and tenants.

The block has audited financial statement for October 2019. The Managing Agency is currently awaiting the audited statements for 2020.

The building is insured and has private security which is a great bonus.

A sound investment indeed!

Number of flats in building: 228.

Size: 127 sqm.

Levy: R 1 904.91 pm. PAL Property Management (011) 472 7226

Original two-bedroom unit. The apartment has a separate bathroom consisting of a bath, basin and toilet with an additional separate toilet. The kitchen is also separated with built in cupboards. The main door has a burglar-gate. The apartment has a pre-paid electricity and water meter.

The current owner is receiving R6 570.00 p/m. According to rental managers in the area the general rental income is between R6 000.00 pm and R6 600.00 p/m, if the property is upgraded to their specifications.

The unit is in a fair condition with general touch-ups required such as a new toilet seat, painting in the bathroom/toilet as well as tiling in the living area. A detailed maintenance quote can be supplied to the successful buyer on request. 

No. According to the Body Corporate, 6 people may reside in the unit. 

Closest Amenities:


Name Type Suburb Distance      
Police – SAPS Emergency Hillbrow 1.12 km.
BP Garage Services Doornfontein 0.18 km.
Berea Take Aways Shops Berea 0.29 km.



Purchase with Bond (90%):


R350 000.00 Bond at 7% =R 2 442.00 p.m.
Monthly Levy =R 1 904.91 p.m.
Rental Management fee (if applicable) =R 755.55 p.m.
Total R 5 102.46 p.m.

R 6 570.00 rental income – R 5 102.46 expenses = R 1 467.54 Cashflow positive.

Purchase with Cash:


Monthly Levy =R 1 904.91 p.m.
Rental Management fee (if applicable) =R 755.55 p.m.
Total R 2 660.46 p.m.                      

R 6 570.00 rental income – R 2 660.46 expenses = R 3 909.54 Cashflow positive.


Gross Yield: 22.52% at R 6 570.00 rental income and R 350 000.00 cash offer.

Would you like to make an offer on this property?


Address: 25 Hadfield Road, Berea
  • Country: South Africa
  • Province / State: Gauteng
  • City / Town: Johannesburg
  • Neighborhood: Berea
Open on Google Maps
  • Property ID 925
  • Property Type Sectional Title
  • Property status Sold
  • Rooms 1
  • Bedrooms 2
  • Bathrooms 1.5
  • Size 127 Sqm
  • Number of flats in building: 228



Property Agent
Other Properties