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Residential land of 3.9252 hectares with 50 single erven and 3 general residential erven, all fully approved.
This fully rezoned residential land but still needs to be serviced, presents an exceptional investment opportunity. All approvals have been obtained. The total erf consists of 50 single subdivided residential erven and three general residential erven, to be sold as a single package.
Measuring a total of 3.9252 hectares.
1 x Single Residential Erf
Erf Size: 39,252 m2
Primary Uses: Dwelling Unit, Subsidiary Dwelling Unit
Zoning Potential: Up to 50 residential units
Height Restriction: 2 Storeys / 8 meters
Bulk Factor: Maximum of 0.5
Density: 1 unit per 300 m2
3 x General Residential Erven
Erf Sizes:
Primary Uses:
Height: Buildings above 3 storeys require Council consent
Bulk Factor: Up to 2.0 for all buildings
Density: 1 unit per 150 m2
Summary:
This property offers great flexibility and scale for residential development, from freestanding homes to high-density apartment blocks, all with the necessary zoning in place. Ideal for a developer looking for a turn-key project site with substantial ROI potential.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at N$11,150,000
Price increased by 50.0% to N$16,725,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 68 listings in Walvis Bay (town)
Insight
Priced above the median for similar land listings in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Market depth
68 similar listings
High similar land inventory town-wide (Walvis Bay)
Median time on market: 322 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
Walvis Bay Central offers a convenient, urban coastal lifestyle where residents enjoy proximity to essential services, the bustling harbor, and the unique natural beauty of the Namibian coastline.
* Distances and amenities are approximate.
