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Guest House for sale in Eros Park

N$18,000,000
1,224m²
1,523m²
Furnished
Reduced
Excellent Investment- Full Ocupancy

Attention Investors!!!

Nearby Medi Clinic-Popular area

Valuation N$24 000 000.00

Selling price N$ 18 000 000.00

Stand size: 1523m²- Building size 1224m²

all units are registered in CC's.

Zoning: Gen Res (1:250)

current rental income N$125 000.00

ONLY SERIOUS BUYERS WITH PROOF OF FUNDS

TERMS AND CONDITION APPLY;

1.Non-refundable deposit of N$ 100 000 with signing of

the contract

2.Deposit is refunded on date of registration if deal

goes through.

3.Sale of property is “as is” with all rights ( guest house

and medical rights included)

4.All existing lease agreements to be honoured.

5.Units can be used as Medical Suites as well.

Approval has been obtained from the Municipality to convert 4 of the 6 units into medical consulting units. In the meantime the units will be rent out as residential units and/or medical consulting rooms. (for medical use the rent will increase by 30%)

6. Approval was also obtained to use 15 rooms for a

guest house.

7.All furniture and fittings inside existing units are

included.

Complex has a basement parking with ample parking for tenants and guests as well as 6 x storerooms.Inclusive of furniture,TV , fridges etc.3 units is used for potential doctor consulting rooms,the whole complex could also be rezoned for high density,offices,full medical purpose or to be used as a hospice,This will be for purchaser own account.The whole building is occupied-NDC must be signed before financials will be disclosed.

Property Type
Guest House
Stand Size
1,523m²
Building Size
1,224m²
Furnished
Yes
Reference
1385911
Property history
Listed for sale at N$18,100,000
21 Jun 2021
Price increased by 13.8% to N$20,600,000
07 Mar 2024
Price reduced by 12.6% to N$18,000,000
08 Mar 2024
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