Fully Owned Block of Flats for sale - Walvis Bay

Excellent Investment Opportunity in Walvis Bay – Fully Owned Block of Flats

Property Overview:

Location: Prime town area of Walvis Bay

Ownership: Single-owner complex, all units registered in private name

Size & Layout:

Erf: 1250 m2 with 70% allowable coverage (actual coverage at 48%)

Paved Driveway: 635 m2

Total Units: 7 dwellings, totaling 490 m2 internal floor space

Garages: 154 m2 collective

Unit Details:

Flat 1: Double-story, 2 BIC bedrooms, 1 bathroom, spacious kitchen & living area, single garage

Flat 2: Single-story, 1 BIC bedroom, 1 bathroom, modern kitchen, cozy living space, single garage

Flat 3: Single-story bachelor flat with private garage

Flat 4: Single-story, 1 BIC bedroom, 1 bathroom, modern kitchen, inviting living area, single garage

Flat 5: Single-story, 2 BIC bedrooms, 1 bathroom, fully equipped kitchen, welcoming living space, single garage

Flat 6: Single-story, 2 BIC bedrooms, 1 bathroom, contemporary kitchen, relaxing living area, single garage

Flat 7: Double-story, 2 BIC bedrooms, 1 bathroom, stylish kitchen, comfortable living area, single garage

Features & Finishes:

Practical layouts with tiled, carpeted, laminated, and wooden tiled floors

Fitted kitchens with built-in cupboards and rhino board ceilings

High-quality finishes, steel & wooden window frames

Security features include individual alarms and boundary walls

Fully paved, secure complex with remote gate access

Property is in excellent condition and on street level

Financial Highlights:

Current Rental Income: N$ 40,000 per month

(VAT not applicable)

Potential for strong rental yield and capital appreciation

This is a rare opportunity to acquire a well-maintained, fully occupied residential complex in a desirable location with steady income and future growth potential. Whether you’re an investor or looking to expand your property portfolio please contact me for more information.

To arrange a viewing, please give me a call.

Only pre - approved Clients.