Property description

Prime Commercial Development Opportunity in Otjiwarongo CBD

An exceptional commercial development opportunity is presented within Otjiwarongo's esteemed Central Business District. This substantial plot, encompassing 19,000 square metres with a significant 1,450 square metres of existing floor area, is designated for General Business/Commercial use, permitting an advantageous 80% coverage. Its strategic CBD location offers unparalleled potential for discerning developers aiming to establish a prominent regional presence.

The property features a generously proportioned, open commercial space, optimally oriented towards the north to maximise natural light and visibility. A critical infrastructure advantage is the pre-existing robust 3-phase electricity connection, an essential utility for any substantial commercial enterprise. Furthermore, the provision of ten dedicated parking spaces ensures convenient access for both clientele and personnel.

Positioned with immediate proximity to the Main Road to Otavi, this offering benefits from superior accessibility and high visibility, thereby promising extensive commercial prospects. This prime location enhances its suitability for a diverse array of commercial undertakings, ranging from retail and professional offices to light industrial applications. This represents a rare acquisition opportunity for a significant commercial asset within a burgeoning Namibian urban centre. Prospective investors are encouraged to arrange a private viewing to fully appreciate the scope of this offering.

Key Features

• General Business / Commercial Zoned (80% coverage)
• 19,000 sqm Erf Size, 1,450 sqm Floor Area
• Prime CBD Location in Otjiwarongo
• Large, North-Facing Open Commercial Space
• 3-Phase Electricity
• 10 Dedicated Parking Spaces
• Proximity to Main Road to Otavi