A Landmark Hospitality & Investment Opportunity in Northern Namibia

Hotel has been thoughtfully developed over 27 years into a fully integrated hospitality destination. The property offers 41 well-appointed hotel rooms in single, twin and double configurations, catering to business travellers, tourists and conference guests alike. In addition, there are seven houses on the property, including staff residences, an owner’s residence and bachelor flats, ensuring operational convenience and on-site management flexibility.

For leisure travellers and overland tourists, 12 fully serviced campsites provide covered areas, braai facilities and ablution blocks — making the property attractive to both local and international visitors.

Conferencing remains the primary revenue driver. With four conference halls accommodating between 20 and 120 delegates, the hotel has positioned itself as the leading conference venue in Kavango East. Its established government and corporate client base ensures consistent and reliable bookings throughout the year.

The food and beverage offering further strengthens revenue. A full-service restaurant operates from breakfast through late evening, with both indoor and outdoor seating. Two vibrant bars — the Kavango Bar overlooking the swimming pool and the Village Bar featuring darts and entertainment areas — create additional income streams and enhance guest experience. All supported by a fully equipped commercial kitchen.

Guests enjoy modern conveniences including Wi-Fi, DSTV, mini fridges, coffee and tea stations, and air-conditioning in rooms. Behind the scenes, the property is supported by a professional reception area, back-office administration, laundry facilities, multiple storage areas, a warehouse, garden equipment storage, volleyball court, and well-maintained campsite ablutions — ensuring seamless day-to-day operations.

INCLUDED IN THE SALE

The sale includes valuable infrastructure and assets that significantly reduce operating costs and enhance long-term sustainability. Two vehicles form part of the transaction, along with an extensive 85,000W solar system with a 100KVA three-phase inverter and 305KWH lithium battery backup (installed in 2022 at a value exceeding N$ 3 million). A 60KVA backup generator provides additional security of supply.

The property operates on borehole water tested as A-grade drinking water, further lowering monthly expenses. Gas geysers are installed throughout, and security is supported by CCTV cameras, a security office and a controlled two-way entrance gate. Three fish ponds add additional lifestyle and aesthetic value to the grounds.

KEY INVESTMENT HIGHLIGHTS

This is a rare opportunity to acquire a N$ 32.8 million asset for N$ 26 million, creating immediate equity upside. The solar infrastructure alone dramatically reduces electricity costs from approximately N$ 90,000 per month to between N$ 15,000 and N$ 19,000, while borehole water eliminates municipal water expenses. Combined with a stable payroll structure, the operation benefits from controlled and predictable running costs.

Income is diversified across accommodation, conferencing, restaurant and bar operations, camping facilities and entertainment offerings — reducing reliance on any single revenue stream. As the largest hotel in Rundu and the Kavango East region, Ngandu Hotel holds a dominant market position, particularly within the government and semi-government conferencing sector.

Namibia’s tourism industry continues to show strong recovery and growth, contributing significantly to national GDP. The hotel’s location near the Kavango–Zambezi Transfrontier Conservation Area, the Mbunza Living Museum, and the Okavango River further enhances its long-term tourism appeal. Institutional confidence in this corridor is reinforced by O&L Leisure’s recent acquisition of Divava Okavango Lodge & Spa.

FUTURE DEVELOPMENT POTENTIAL

The property offers significant expansion potential under the proposed Ngandu Estates development, where plans are being drafted for 58 townhouse units. Once completed, these units could generate an estimated N$ 400,000 per month in rental income, capitalising on Rundu’s strong and undersupplied rental market.

In addition, the property qualifies for a casino licence (subject to approval), which would introduce a powerful additional revenue stream and further strengthen its competitive positioning within the region.

REASON FOR SALE

After 27 successful years of operation, the owners have made a strategic decision to restructure their portfolio. The business is profitable, established and operational — now ready for new ownership to build on its legacy and unlock its next phase of growth.

Hotel presents a fully operational, multi-income hospitality investment in one of Namibia’s fastest-growing tourism corridors.

Financial summaries, asset registers and further due diligence documentation are available to serious, qualified buyers.