The collective suburb of Berea, comprising smaller suburbs like Greyville, Musgrave and Upper Glenwood, was once home to some of the oldest manors in Durban.

Perched on a ridge overlooking Durban's city centre, with views all the way to the Indian Ocean, lies a sought-after collection of suburbs known as Berea.

Tower Property Fund concludes an agreement with Motifprops 77 Pty Ltd for the acquisition of the property known as Clifton Place for R80.5m.

Hands-on management, long-term commitment could deliver better yields than in northern suburbs.