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Cluster for sale
Harbour-side income opportunity in Walvis Bay, offering steady returns with a 9.5% cap rate, diverse tenant mix, ample parking and expansion potential — ten beds, ten baths, single garage.
This block of flats is ideally located near the Walvis Bay Harbour, presenting an excellent investment opportunity with a cap rate of 9.5%. The property features a diverse rental portfolio, comprising eight bachelor units and two one-bedroom units, catering to a variety of tenants.
The one-bedroom units include an open-plan kitchen and bathroom, maximizing space and functionality. Situated on an erf measuring 1,250 square meters, the property offers ample parking space and potential for future extensions.
Perfectly positioned in a prime location, this block of flats is an ideal choice for investors seeking steady returns and long-term growth.
Listed for sale at N$8,103,750
How this home compares with 22 active listings in Walvis Bay Central.
Insight
Priced 93% above the local median — but still inside the typical range for Walvis Bay Central.
It's larger than typical, which helps explain where it sits in the range.
Similar properties pricing
Market depth
22 listings
Similar homes in Walvis Bay Central
524 days
Median time on market
Medium inventory
Active in Walvis Bay Central
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, urban coastal lifestyle where residents enjoy proximity to essential services, the bustling harbor, and the unique natural beauty of the Namibian coastline.
* Distances and amenities are approximate.
