2589m² erf with plans for 10 units, including a completed 3-bedroom unit. Ideal for residential development.
Prime Development Opportunity: Spacious 2589m2 Erf
Discover an exceptional investment opportunity with this expansive 2589m2 development erf, perfectly positioned for developers seeking to capitalize on a promising project. Boasting a generous bulk of 1:100 and an impressive 75% coverage, this property provides the ideal foundation for a lucrative residential development.
The initial phase of this development is already underway, with the first 3-bedroom unit completed and ready for occupancy. This existing structure sets a solid precedent for the high-quality homes envisioned for this site. Additionally, comprehensive plans are in place for nine more units, offering a mix of 2 and 3-bedroom configurations to suit a variety of future residents’ needs.
This property presents a unique chance to create a vibrant residential community in a desirable location. Whether you're an experienced developer or looking to embark on your next project, this erf offers the space and potential to bring your vision to life. Don't miss out on this ideal opportunity to shape a modern living environment that meets market demands.
For more information or to arrange a viewing, please contact us today.
Listed for sale at N$2,625,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 25 listings in Henties Bay Central
Insight
Priced above the median for similar properties in the area.
Similar properties pricing
Affordability
N$ 25,768 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
25 similar listings
Medium similar-home inventory in Henties Bay Central
Median time on market: 355 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Henties Bay Central offers a relaxed coastal lifestyle with a focus on fishing and outdoor activities, making it an appealing residential area for those seeking tranquility and a close-knit community.
* Distances and amenities are approximate.