🏢 Entire Engedi Complex for Sale – Prime Investment Property in Pionierspark, Windhoek | N$59,400,000
Rare Opportunity for Savvy Investors! The entire Engedi Residential Complex, located in the heart of Pionierspark, Windhoek, is now available for purchase. With 44 fully-let units, high rental demand, and a proven track record of rental growth, this is a standout asset in Namibia’s real estate market.
Whether you're an institutional investor, private fund, or developer, this fully operational, income-generating complex offers both immediate returns and long-term capital appreciation.
🏘️ About Engedi Complex
📍 Location: Shepmann Street 1, Pionierspark, Windhoek
🧾 Erf Number: ERF 1954
📏 Erf Size: 4,734 m2
🏠 Built Area: 2,711 m2
💰 Price: N$59,400,000
💼 Occupancy Status: Fully Occupied
🔐 Security: Gated access-controlled complex
💼 Investor Highlights:
✅ 44 Residential Units across two phases
✅ 9.5% Rental Growth (2023–2024)
✅ High Rental Demand – Directly adjacent to the University of Namibia (UNAM)
✅ Diversified Unit Mix – Townhouses and apartments for broader tenant appeal
✅ Secure, Fully Managed Complex
✅ Strong Capital Growth in Pionierspark – One of Windhoek’s most in-demand suburbs
🧱 Phase 1 – Townhouses (22 Units)
All townhouses include:
🛏️ 2 Bedrooms
🛁 Full Bathroom (Bath & Shower)
🍽️ Open-plan Kitchen, Lounge & Dining
🌿 Private Courtyard with Built-in Braai
🚗 2 Covered Parking Bays
Sizes:
4 Units – 65 m2
18 Units – 59 m2
🧱 Phase 2 – Apartments (22 Units)
Features:
🛏️ 1 & 2 Bedroom Options
🛁 Full Bathroom (Bath & Shower)
🍽️ Open-plan Living & Kitchen
🌿 Private Courtyard with Braai
🚗 1 Covered Parking Bay per unit
Unit Sizes:
6 Units – 57 m2 (2 bedrooms)
14 Units – 65 m2 (2 bedrooms)
2 Units – 51 m2 (2 bedrooms)
1 Unit – 35 m2 (1 bedroom)
📈 Perfect for:
Real estate investment trusts (REITs)
Private equity property funds
Pension and retirement portfolio diversification
Developers seeking immediate cash flow and future redevelopment options
Buy-and-hold investors focused on high-yield residential assets
📞 Serious investors, schedule a private viewing or request a detailed rental income statement today. Don’t miss this rare opportunity to own a high-performing residential asset in Windhoek.
