Ref.No. 2011

Prime Commercial Property With A Huge Development Potential.

Exceptional Commercial Investment Opportunity in a Prime Location. Positioned close to the Central Police Station, this established commercial property offers an exceptional opportunity for investors, business owners and developers looking for a strategically positioned asset with excellent visibility, accessibility and future development potential.Located close to the police station, the property benefits from a highly visible corner position and a central location, making it ideally suited for a wide range of commercial activities.

The property features an established single-storey commercial building, originally constructed in 1972, comprising six individual retail shops. Each unit benefits from its own ablution facilities and storeroom, providing practical, functional and flexible accommodation for a variety of businesses and tenants.

All six retail units are currently fully leased, providing the property with an established and diversified rental income stream. The combination of 100% occupancy, multiple independent tenants and consistent rental income makes this an attractive income-generating commercial investment with an established operating history.

For investors, the property offers the compelling advantage of acquiring an income-producing commercial asset with an existing tenant base from day one, rather than taking on the uncertainty and costs associated with filling vacant retail space. The diversified tenant structure further provides an appealing balance between ongoing cash flow, commercial stability and long-term investment potential.

With its established retail presence, fully occupied units and additional potential for future value enhancement, the property represents an attractive opportunity for investors seeking a commercial property with immediate income generation and further upside potential.

With a total land area of approximately 2,265 m², Business zoning and a bulk factor of 4.0, the property also presents an attractive opportunity for future expansion, redevelopment or additional commercial development, subject to the necessary approvals.

Modern business requirements are supported by fibre-optic internet connectivity, providing reliable high-speed internet access for tenants and businesses operating from the property. A Property with Long-Term Potential. This is more than an established commercial property - it is an opportunity to secure a strategically located asset with room for future growth. Whether you are looking for an income-generating investment, premises for your own business, or a property with development potential, this property offers a compelling combination of location, existing infrastructure and future possibilities. The combination of its prominent corner position, established retail accommodation, generous land size, Business zoning and development potential makes this a property worthy of serious consideration.

Prime location. Established commercial space. Fibre connectivity. Future development potential.

Contact ProNamCollective Property Agency Namibia today for further information or to arrange a private viewing.

 
Property Details:

• Plot A = Erf 226: 948 m²
• Plot B = Erf 227: 1,317 m²
• Plot A and B Combined land area: 2,265 m²
• Zoning: Business
• Bulk: 4.0
• Coverage: 15%
     

Buildings:

• Total Bulding Size: Approx. 1374m² 
• Building: Single-storey commercial building
• Retail Shops: 6 individual retail shops
• Retail floor area: Approximately 1,042 m²
• Storeroom: Approximately 145 m²
• Closed Lean-To: Approximately 177 m²

Connection:

• NAM-Power
• NAM Water
• Fibre-optic internet available
  
  

Additional Business Investment Opportunity

In addition to the acquisition of the property, investors have the attractive opportunity to acquire an established gambling business already operating at the location for N$ 2,500,000.

This creates an additional entrepreneurial opportunity to take over an existing business operation and continue its activities immediately. For strategically minded investors, the combination of property ownership and an operating business presents an appealing opportunity to bring together multiple potential income streams within a single investment.

The acquisition of the business may be structured either separately or in conjunction with the property transaction, subject to the appropriate due diligence and the applicable regulatory requirements.

For more details and to arrange a private viewing, please contact us directly.

ProNam Collective specialized in sale of:
FARMs | PLOTs | COMMERCIAL BUILDINGs | HOUSEs

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