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Versatile living and income potential near Old Pionierspark amenities, ideal for student housing, guesthouse or extended family, offering N$35,000/month rental potential and eight bedrooms.
For Sale: Multi-purpose property in Old Pionierspark
GREAT INVESTMENT OPPORTUNITY!
This versatile property is near most amenities and is currently used as student accommodation with a potential rental income of N$35 000 per month!
The building is however also ideal for offices, a guesthouse and very much suitable as extended family home.
The house offers:
A lounge, dining room, beautiful fully-fitted kitchen with laundry/scullery, study, 8 bedrooms, 5 en-suite bathrooms, 2 separate showers and 1 separate loo.
Detached from the main building are 2 guest rooms, each with own toilet.
Additional: Beams, air-condition, blinds on all windows, ceiling fans in all rooms, 3 x solar geysers & several carports.
Erf size: 1400 sqm
Built area: 374 sqm
Listed for sale at N$4,100,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 182 listings in Windhoek (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 19% below the median. Floor size is 37% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
N$ 40,247 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
182 similar listings
High similar-home inventory town-wide (Windhoek)
Median time on market: 98 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
Pioniers Park is a well-established, primarily residential suburb offering a mix of housing options and convenient access to essential amenities, making it a desirable location for families and professionals.
* Distances and amenities are approximate.
