Prime Property for Sale
Guesthouse & Workshop
Katima Mulilo
Location: Mpacha Road, Industrial Area
Total Area: 14,500 sqm
Selling Price : N$8,400,000 excluding VAT
The 2 properties can be sold separately at a reduced/renegotiated price (when subdivided)
Details :
Guesthouse
1.3 x Wooden Cabins with ensuite bathrooms.
2.2 x Container rooms with ensuite bathrooms.
3.5 x Standard rooms with on suite bathrooms.
4.1 x laundry room.
5.Fully Functional Lapa/Bar with Kitchen and entertainment area.
6.1 x Single bedroom flat with
1.kitchen,
2.lounge
3.bathroom
4.Occupants on a monthly basis.
7.1x 2 Bedroom flat with
1.lounge
2.kitchen
3.Small private yard.
Workshop
1.1 x Workshop with
1.office
2.yard
3.Currently rented out on yearly contract to a reputable corporate tenant.
2.1 x Fully Functional workshop with
1.Workshop
2.spray and wash bays.
3.Workshop has managers house with
1.3 Bedroom,
2.2 bathrooms
Property Highlights:
1.Strategic Location:
oSituated on the main road, this property enjoys high visibility and accessibility.
2.Diverse Opportunities:
oCurrently
the property features a well-respected guesthouse, on one side,
motor vehicle workshop and panel beater on the other side.
oAdditionally
there is 5,000 sqm of undeveloped land at the rear.
3.Subdivision Potential:
oThe property can be subdivided, allowing for flexibility in development plans.
oSubdivision may result in a new pricing structure, making it an attractive option for investors and developers.
4.Private Ownership:
oThe property comes with a title deed, ensuring a smooth and secure transaction.
5.Value Proposition:
oPriced at N$8,400,000, negotiable (excluding VAT), this property offers significant value and investment potential.
o2 x units (Lodge & Workshop) sold as one
oSubdivision is possible – at a renegotiated price then
Don't miss out on this exceptional opportunity to acquire a versatile property in a prime location.
Contact Steinie Steinbach today for further information and to arrange a viewing.
