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Riverside investment retreat near the Kavango River offering event-ready hospitality and expansive grounds; includes large solar setup, 41 guest rooms and approved townhouse development plans.
Prime Hospitality & Development Investment Opportunity
Selling Price: N$27.3 Million
Valuation Price: N$32.8 Million
For 27 years, this iconic hospitality property has built a strong reputation for exceptional service, loyal clientele, and successful operations. This well-established estate presents a rare investment opportunity combining hospitality, leisure, and future development potential.
Strategically located near the tranquil Kavango River, the property offers guests a peaceful retreat while remaining accessible to town amenities.
Accommodation & Guest Facilities
The property offers a diverse range of accommodation options, ideal for tourism, conferences, and group travel.
Accommodation includes:
✔ 41 Guest Rooms
✔ 7 Private Houses
✔ 12 Campsites
Guest Amenities:
✔ Restaurant with fully equipped kitchen
✔ 2 Bars
✔ Swimming pools
✔ Volleyball court
Conference & Event Facilities
Perfect for corporate retreats, weddings, and events.
✔ 4 Conference venues
✔ Spacious event areas
✔ Established reputation for hosting large gatherings
Additional Infrastructure
The property is fully equipped for smooth daily operations.
✔ Staff and owner residences
✔ Bachelor flats
✔ Reception area
✔ Laundry facilities
✔ Multiple storage rooms
✔ Ablution blocks
✔ Warehouse
✔ Garden equipment storage
Utilities & Security
Designed for efficient, reliable operations.
✔ Gas geysers
✔ Borehole water supply
✔ 8 Security cameras
✔ Security office
✔ Two-way entrance gate
✔ 2 Vehicles included in the sale
Green Energy Investment (Over N$3 Million Value)
Installed mid-2022 for energy efficiency and sustainability.
✔ 85,000W Solar panel system
✔ 100KVA three-phase inverter
✔ 305KWH Lithium Blue batteries
✔ 60KVA backup generator
Unique Environmental Features
✔ 3 Fish ponds enhancing the property's atmosphere
✔ Peaceful natural surroundings near the Kavango River
📐 Property Size & Development Potential
✔ 37,910 m2 property size
✔ Approved plans for 58 townhouse units
Future development plans under Ngandu Estate include 58 Townhouse Units, creating a long-term rental income stream.
Future Growth Opportunities
This property offers multiple revenue streams and expansion potential:
Hospitality accommodation
Conferences & events
Leisure tourism
Residential rental development
Potential casino license qualification for additional income
Proven Business With Strong Financial Performance
The current owners are offering the property for sale as part of a strategic decision to downscale operations, presenting an opportunity for a new owner to continue and expand this successful legacy.
Why This Investment Stands Out
✔ Established 27-year reputation
✔ Below valuation price
✔ Multiple income streams
✔ Large property with development potential
✔ Significant solar investment
✔ Strong hospitality brand foundation
A Rare Opportunity
This is a unique chance to acquire a thriving hospitality business with significant development potential, combining tourism, conferencing, leisure, and residential income opportunities.
Listed for sale at N$27,500,000
Price reduced by 0.7% to N$27,300,000
Rundu Central serves as the primary commercial hub of the Kavango East region, offering a mix of retail, office, and service-oriented businesses catering to the local population and regional trade.
* Distances and amenities are approximate.
