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MyProperty Africa
N$ 29,420,000
NamibiaKhomas›Windhoek›Windhoek Central›2249243
Prime Office Space with Retail Frontage on Independence Ave! - Photo 1
Prime Office Space with Retail Frontage on Independence Ave! - Photo 2
Prime Office Space with Retail Frontage on Independence Ave! - Photo 3
Prime Office Space with Retail Frontage on Independence Ave!
Prime Office Space with Retail Frontage on Independence Ave! - Photo 2
Prime Office Space with Retail Frontage on Independence Ave! - Photo 3
Prime Office Space with Retail Frontage on Independence Ave! - Photo 4
Prime Office Space with Retail Frontage on Independence Ave! - Photo 5
View Area Map

Office for sale

Windhoek Central, Windhoek
1361m² Floor
2495m² Land

Prime Office Space with Retail Frontage on Independence Ave!

Prime city-centre location on Independence Avenue offering high visibility and steady rental income; five street-facing retail shops, 30 parking bays, boardroom and secure vault.

Open for serious offers

Discover an exceptional investment opportunity with this premium office property, situated in the heart of the city on Independence Avenue. Boasting a generous floor area of 1,326m2, this meticulously maintained double-storey building offers a perfect blend of functionality and style, with top-notch finishes throughout.

The expansive erf spans 2,495m2 and includes 18 well-appointed offices, complemented by a spacious boardroom. Each floor is equipped with modern ablution facilities and a fully-equipped kitchen, ensuring convenience for all tenants. Additional features include a secure storeroom and a robust vault, providing ample storage and security solutions.

Parking is abundant with 30 dedicated bays, enhancing accessibility and appeal for businesses and clients alike. On the ground floor, five retail shops open directly onto bustling Independence Avenue, offering excellent visibility and foot traffic for retail tenants.

Financially, this property is an outstanding investment, generating an impressive annual rental income of N$ 2,983,712. With annual expenses of only N$ 374,068, investors can enjoy a robust yield/ROI of 9.67%. The property is PTY registered, streamlining the investment process.

This is an ideal opportunity for discerning investors seeking a high-quality asset in a prime city centre location. Don't miss out on the chance to own this remarkable property that promises both immediate and long-term returns.

Monthly Costs

Home Loan Repayment
N$ 264,351
TotalN$ 264,351

Property history

Listed for sale at N$29,420,000

15 May 2024
Pieter Senekal

Presented by

Pieter Senekal

Property Practitioner

Spes Bona Property Brokers Pty ltd

Area Overview

Windhoek Central serves as the primary commercial and administrative hub of Namibia, offering a high-density professional environment characterized by proximity to government institutions, corporate headquarters, and essential business support services.

Business Infrastructure

  • •
    Maerua Mall Office Towers(1.5 km) · Corporate Hub
  • •
    Mutual Tower(0.5 km) · Corporate Office
  • •
    The Village(1.2 km) · Co-working/Boutique Office

Transport & Logistics

  • •
    B1 Highway(2.0 km) · Major Highway Access
  • •
    Hosea Kutako International Airport(42.0 km) · International Airport
  • •
    Eros Airport(3.5 km) · Regional Airport

Workforce Amenities

  • •
    Post Street Mall(0.2 km) · Retail/Services
  • •
    Wernhil Park(0.5 km) · Shopping Center
  • •
    Independence Avenue(0.1 km) · Dining/Cafes

Financial Services

  • •
    Bank Windhoek Head Office(0.3 km) · Bank/Financial Services
  • •
    Standard Bank Namibia Head Office(0.4 km) · Bank/Financial Services
  • •
    Nedbank Namibia(0.2 km) · Bank/Financial Services

Security & Emergency

  • •
    Windhoek Central Police Station(0.8 km) · Police/Security
  • •
    Windhoek Fire Station(1.5 km) · Fire/Emergency Services
  • •
    Mediclinic Windhoek(1.0 km) · Medical/Emergency

Zoning & Development

  • •
    CBD Core(0.0 km) · Commercial District
  • •
    Prosperita Industrial Area(6.0 km) · Industrial Park
View Windhoek Central Market Insights & Stats→

* Distances and amenities are approximate.

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