House for sale
Enjoy reliable rental returns in desirable Grysblock, steps from amenities and transport. Two adjacent erven configured for high-yield rentals or student hostel; nine bedrooms and ten bathrooms.
Attention investors! This unique property located in the desirable Grysblock area presents a remarkable opportunity for steady rental income and long-term appreciation. Comprising two adjacent ervens on a generous 562 square meter plot, this property is ideal for those looking to capitalize on the robust rental market, including options for a student hostel.
Each erf is thoughtfully designed to maximize rental potential. The first erf features four spacious bedrooms, each equipped with kitchen space, complemented by three shared showers and two toilets. The second erf offers five bedrooms, also with kitchen facilities, with similar shared amenities of three showers and two toilets. This setup ensures convenience and comfort for tenants, making it a highly attractive living arrangement.
Currently registered under a Close Corporation (CC), this property generates a substantial rental income of N$18,000 per month. With such a solid return, this is a bargain for investors seeking a secure monthly income stream.
Don't miss out on this fantastic investment opportunity. For more information or to schedule a viewing, please contact Claudia at 0812781731.
Secure your future with this promising property today!
Listed for sale at N$1,600,000
Katutura is a vibrant and culturally rich residential area that offers a deeply authentic Namibian living experience with close proximity to essential community services and local markets.
