KATIMA MULILO - GUESTHOUSE AND/OR WORKSHOP

Prime Property for Sale

Guesthouse & Workshop

Katima Mulilo

Location: Mpacha Road, Industrial Area

Total Area: 14,500 sqm

Selling Price : N$8,400,000 excluding VAT

The 2 properties can be sold separately at a reduced/renegotiated price (when subdivided)

Details :

Guesthouse

1.3 x Wooden Cabins with ensuite bathrooms.

2.2 x Container rooms with ensuite bathrooms.

3.5 x Standard rooms with on suite bathrooms.

4.1 x laundry room.

5.Fully Functional Lapa/Bar with Kitchen and entertainment area.

6.1 x Single bedroom flat with

1.kitchen,

2.lounge

3.bathroom

4.Occupants on a monthly basis.

7.1x 2 Bedroom flat with

1.lounge

2.kitchen

3.Small private yard.

Workshop

1.1 x Workshop with

1.office

2.yard

3.Currently rented out on yearly contract to a reputable corporate tenant.

2.1 x Fully Functional workshop with

1.Workshop

2.spray and wash bays.

3.Workshop has managers house with

1.3 Bedroom,

2.2 bathrooms

• open plan kitchen lounge area.

Property Highlights:

1.Strategic Location:

oSituated on the main road, this property enjoys high visibility and accessibility.

2.Diverse Opportunities:

oCurrently

the property features a well-respected guesthouse, on one side,

motor vehicle workshop and panel beater on the other side.

oAdditionally

there is 5,000 sqm of undeveloped land at the rear.

3.Subdivision Potential:

oThe property can be subdivided, allowing for flexibility in development plans.

oSubdivision may result in a new pricing structure, making it an attractive option for investors and developers.

4.Private Ownership:

oThe property comes with a title deed, ensuring a smooth and secure transaction.

5.Value Proposition:

oPriced at N$8,400,000, negotiable (excluding VAT), this property offers significant value and investment potential.

o2 x units (Lodge & Workshop) sold as one

oSubdivision is possible – at a renegotiated price then

Don't miss out on this exceptional opportunity to acquire a versatile property in a prime location.

Contact Steinie Steinbach today for further information and to arrange a viewing.

VAT EXCLUDED - IF APPLICABLE