Property description

Strategic Industrial Investment Opportunity in Otjiwarongo Central

An exceptional opportunity presents itself in Otjiwarongo Central with the acquisition of a prominent general industrial property, spanning an impressive 11,874 square metres. This site features an iconic building, rich in local history, which, while currently exhibiting signs of age, offers considerable scope for renovation and modernisation. The property's strategic location is particularly advantageous for major industrial enterprises seeking to establish or expand their presence within the region.

Currently, the property generates substantial rental income through existing lease agreements. These include multiple warehouses, providing immediate revenue streams, alongside a three-bedroom residential dwelling also under lease. With a total floor area of 3,000 square metres and ample parking for 20 vehicles, this complex offers a robust foundation for diverse commercial operations. Furthermore, the expansive erf size and current configuration present significant potential for future development and expansion, catering to a variety of industrial requirements.

This offering is ideally suited for discerning property developers and investors seeking a high-potential asset with both immediate income generation and considerable long-term growth prospects in a key industrial hub. We invite serious enquiries to explore the full scope of this unique investment.

Key Features

• Expansive 11,874 sqm General Industrial Property
• Iconic Building with Redevelopment Potential
• Strategic Location for Industrial Operations
• Current Substantial Rental Income from Leased Warehouses and 3-Bedroom House
• 3,000 sqm Total Floor Area
• Ample Parking for 20 Vehicles
• Significant Future Development Potential