Overview:
Perched on a scenic escarpment overlooking the Kavango River, Ngandu Hotel is a landmark hospitality property in Rundu, Namibia. This 37,910 m2 estate combines a strong track record of over 25 years in hospitality with diverse revenue streams, modern infrastructure, and exceptional development potential.
Property Highlights:
Accommodation: 41 guest rooms, 7 private houses, and 12 campsites
Leisure & Business Facilities: Conference venues, two bars with swimming pools, a full-service restaurant, volleyball court
Infrastructure: Borehole and municipal water, gas geysers, robust solar power system with battery storage, and backup generator
Additional Assets: Owner and staff residences, fish ponds, security systems, and extensive service facilities
Financial Snapshot:
Asking Price: N$23 820 000 (below market and insurance valuations)
2022 Performance:
Revenue: N$8.65M
Gross Profit: N$6.84M
Net Profit (before tax): N$1.72M
Expansion & Development Potential
Approved Plans: Conversion of part of the estate into a gated residential community (58 townhouses)
Licensing & Revenue Opportunities: Eligible for a casino license; plans for a wedding chapel and event facilities
Tourism Growth: Positioned to capture increasing domestic and international tourism in northern Namibia
Why Invest
Established Brand: Over 25 years of trusted hospitality excellence
Diversified Income: Accommodation, dining, conferencing, leisure, and potential residential sales
Sustainability: Cost-efficient green energy systems and self-supply infrastructure
Strategic Location: Panoramic river views and proximity to Namibia–Angola trade and tourism routes.
Francisca | 0818287171 |
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