House for sale
Live investment-forward in the heart of Kuisebmund — steady rental income and approved development plans; two completed buildings with private garages, five bedrooms, three bathrooms and room to add another unit.
Income-Generating Property with Approved Development Plans
Looking for a property that already generates a solid rental income while offering further development potential?
This property, situated in the heart of Kuisebmund, comes with three approved building plans, with two of the three buildings already completed.
Current Accommodation
The first building consists of two separate units, with each unit offering:
2 Bedrooms
Bathroom
Comfortable living area
Private garage
Prepaid electricity
The second building offers a spacious one-bedroom unit with:
1 Bedroom
Bathroom
Open-plan living area
Private garage
Prepaid electricity
Prepaid water meters for the units have already been installed and only need to be connected.
Rental Income
The property is currently generating an attractive N$11,300 per month in rental income, making this an excellent opportunity for an investor looking for an income-generating property.
Room to Grow
The third approved building plan provides an exciting opportunity for the new owner to expand the property and increase its rental potential.
The plans can be made available to the prospective purchaser upon request.
A Smart Investment with Future Potential
With existing rental income, multiple units, approved plans and the opportunity to add another unit, this property offers both immediate income and future growth potential.
Properties with this combination of income and development potential do not come onto the market every day.
Don’t Wait!
This one is expected to sell quickly. Don’t wait and risk missing out on this excellent investment opportunity!
Secure your investment in the heart of Kuisebmund today.
Listed for sale at N$1,580,000
How does this home’s price compare with similar properties?
Insight
Priced 57% below the local median - and below the typical range in Walvis Bay Central.
Compared with 24 5+ bed active listings in Walvis Bay Central.
It's priced below similar homes, which may reflect condition, position or finishes.
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.
