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Corner office erf for sale in high-demand area, 2,161 m2, current rental income N$1,138,079 annually.
Corner Office zoned Erf For Sale - Whk Central -HIGH DEMAND AREA
Measuring: 2,161 m2
Zoning: Office
Bulk 0.4 of 2,171 m2 Actual 752 m2, Permissible 864 m2
Height Actual 1 floors,
Coverage 75% of 2,171 m2 Actual 35 % (752 m2), Permissible 75% (1,628 m2)
The subject property is on an average to large erf, on street level, with no slope. The erf has an L-shape.
The building is single storey constructions, with corrugated iron roofing, aluminuim window- and door frames, schemed ceilings, and porcelain tile flooring. The 8 units are equipped with air-conditioning.
Priced at Valuation done 22 Jan 2024
Registered in PTY, 2 stands next to each other in 1 PTY.
Current rental income Nett p/Anum N$1 138 079.00
Capitalization rate of 8.75%
Listed for sale at N$13,000,000
Windhoek West offers a mixed-use environment with established commercial properties, good accessibility, and proximity to essential services, making it a viable location for diverse businesses.
* Distances and amenities are approximate.
