Apartment for sale
Secure, low-maintenance investment in central Walvis Bay — fully occupied block of seven well-finished flats with private garages and paved courtyard, offering steady rental income and growth potential.
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.
Listed for sale at N$5,250,000
Price reduced by 20.0% to N$4,200,000
Price increased by 12.5% to N$4,725,000
How does this home’s price compare with similar properties?
Insight
Priced 428% above the local median - and above the typical range in Walvis Bay Central.
Compared with 23 homes (24 listings) in Walvis Bay Central.
Buyers should compare condition, position, views, finishes and floor size before deciding.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Walvis Bay Central offers a convenient and vibrant coastal lifestyle, placing residents within walking distance of essential services, local businesses, and the scenic waterfront.
