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Enjoy vibrant town living with development potential on a 1,250 m² plot — existing home with indoor BBQ and wooden bar, three bedrooms, 1.5 baths and tandem garage.
Don't miss out on this exceptional investment opportunity in the heart of town!
This expansive plot spans 1250 m2 and is zoned for the construction of up to 4 units or the option to subdivide. The property currently features a single house, with the remaining land available for further development.
The house itself offers a comfortable living space with 2 living rooms, 3 bedrooms, 1 bathroom, a guest toilet, a kitchen equipped with built-in cupboards, a wooden bar, dining area, and an indoor BBQ. Additionally, there is a convenient tandem garage for parking your vehicles.
Generating a rental income of 8,800.00 NAD, the property already presents a lucrative opportunity. Expanding the existing units or constructing additional ones on the plot has the potential to significantly increase this income stream.
Don't let this chance to maximize your investment pass you by!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at N$2,335,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 36 listings in Walvis Bay Central
Insight
Priced close to the median for similar properties. On a price-per-m² basis, it is 40% above the median. Floor size is 37% smaller than typical for similar homes.
Similar properties pricing
Key differences
Market depth
36 similar listings
Medium similar-home inventory in Walvis Bay Central
Median time on market: 199 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
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.
