PROFITABLE GUEST HOUSE
SWAKOPMUND CENTRAL - NAMIBIA
Contact Leroy at 081 798 2317
Property improvements consist of:
A double story Guest House with:
*Dining room for guests
*Kitchen with BIC, pantry & storeroom
*8 bedrooms with 8 bathrooms with BIC.
*2-bedroom manager’s apartments (possibility for 9th room)
*Double garage with laundry
*Built-up boundary walls
Situated in very close CBD proximity with easy town center access.
The property has expansion for meeting rooms a possibility and can handle internal and external catering functions as it is situated in the town center.
2-3 guest rooms can be added with easy conversions.
It enjoys a very good international clientele status.
The current 8 guest rooms on 3-star international standard.
Occupation rate about 51%
Valuation as follows:
• Land & buildings valuated at N$5.1 million
• Operational Valuation calculated at:
Cap. Rate 14% 7.14 = 8 587 669.99
Operational Market Value +/- N$8, 5 million
View this and other excellent investments on our website.
Selling Price: N$5,799,000