Located in the industrial area of Katima Mulilo, on Mpacha Road, this prime property offers a unique opportunity for investors and developers. With a total area of 14,500 sqm, this property is priced at N$8,500,000 (excluding VAT) and can be sold as a whole or separately, with a reduced price for subdivision.
The Guesthouse Section of the property includes three wooden cabins with ensuite bathrooms, two container rooms with ensuite bathrooms, and five standard rooms with ensuite bathrooms. Additionally, there is a fully functional Lapa/Bar with a kitchen and entertainment area. There is also a laundry room and two flats, one with a single bedroom and the other with two bedrooms.
The Workshop Section of the property features a workshop with an office and yard, currently rented out on a yearly contract to a reputable corporate tenant. There is also a fully functional workshop with spray and wash bays. The workshop includes a manager's house with three bedrooms, two bathrooms, and an open-plan kitchen lounge area.
Strategically located on the main road, this property enjoys high visibility and accessibility. It offers diverse opportunities, with the guesthouse and workshop already established and 5,000 sqm of undeveloped land at the rear. The property can be subdivided, allowing for flexibility in development plans and potentially attracting more investors and developers.
The property comes with a title deed, ensuring a smooth and secure transaction. This property offers significant value and investment potential. It presents an exceptional opportunity to acquire a versatile property in a prime location.
Features:
- Air-conditioned
- Built-in stove
- Dining area
- Fireplace
- Guest WC
- Fully equipped kitchen
- Garages
- Indoor and outdoor BBQ areas
- Office space
- Open-plan living area
- Laundry facilities
- Lounge area
- Pantry
- Patio
- Scullery
- TV room
- Garden area.
Don't miss out on this exceptional opportunity! Contact us today to make this property yours.
