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
Too few homes for a price verdict
Only 8 similar homes are listed in Walvis Bay Central right now — too small a sample to fairly benchmark this asking price against.
How does this home’s price compare with similar properties?
Price comparison based on 8 similar-sized 5+ bed homes.
Market depth
8 listings
Similar homes in Walvis Bay Central
Low inventory
Active in Walvis Bay Central
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.
