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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
How this home compares with 166 active listings in Windhoek.
Insight
Priced 77% below the local median — and below the typical range for Windhoek.
It's priced below similar homes despite a comparable floor size, which may reflect condition, position or finishes. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Market depth
166 listings
Similar homes town-wide
105 days
Median time on market
Many similar homes
Active across Windhoek
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Katutura is a vibrant, culturally rich, and historically significant township that offers residents a strong sense of community and convenient access to essential services within the heart of Windhoek.
* Distances and amenities are approximate.
