Property description

Presenting a significant commercial investment opportunity in Otjiwarongo Central, Namibia, this multi-unit property offers substantial potential for rental income within a secure complex environment. Spanning a generous 1800 m² erf with a floor size of 651m², this versatile property is ideally suited for various commercial ventures or as a dedicated accommodation complex.

The layout comprises 16 bedrooms, 8 bathrooms, and 8 kitchens, indicating multiple self-contained units, each designed for independent living or operational use. The individual entrances for each unit, coupled with dedicated utility meters, streamline management and enhance tenant autonomy, making it an attractive proposition for investors seeking a high-yield asset.

Externally, the property features a spacious paved courtyard and ample parking for 8 vehicles, ensuring convenient access for residents or clients. The perimeter is secured with robust metal fencing and gated access, contributing to its classification as a security complex. Mature trees provide natural shade, enhancing the outdoor environment.

Security is a key highlight, with security bars on windows and security gates on main entrances providing peace of mind. Furthermore, the inclusion of solar water heaters on the roofs underscores a commitment to energy efficiency, potentially reducing operational costs. This property represents a strategic acquisition in a growing Namibian locale.

Key Features:
* Multi-unit commercial property
* 16 Bedrooms, 8 Bathrooms, 8 Kitchens
* 651 sqm Floor Size on 1800 sqm Erf
* Individual unit entrances and utility meters
* Paved parking for 8 vehicles
* Secure complex with metal fencing and gated access
* Security bars and gates for enhanced safety
* Solar water heaters for energy efficiency