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N$20,995,000

34 bedroom apartment for sale in Windhoek Central

34 Beds
18 Baths
1 Garage
1,447m²
Reduced
For Sale - Investors Dream Property

Don't miss this extraordinary opportunity to effortlessly expand your property portfolio! This immaculately maintained property offers a unique chance to acquire 18 apartments in one fell swoop. With a single purchase, you can secure a Closed Corporation that encompasses the entire property and all its enhancements.

Comprising 16 spacious 2-bedroom units, along with 2 cozy 1-bedroom apartments, each equipped with modern amenities like WC's, open plan living areas, kitchens, and lounge TV spaces. Additionally, there is a generous 15-square meter storage area on the premises.

Take advantage of the available land to add three more units and boost your rental income. Furthermore, capitalize on advertising spaces on-site and on the building itself to further increase revenue streams. Currently generating a steady monthly income of N$150,500.00 with minimal expenses totaling N$50,415.00, the potential for growth is immense.

Imagine the possibilities of transforming this property into Windhoek's premier 24-hour, 5-star Airbnb establishment, doubling or even tripling your monthly earnings. Don't let this prime investment slip through your fingers - seize this opportunity to elevate your property portfolio to new heights!

Located in Windhoek CBD walking distance to all amenities with 18 onsite parking's.

Property Type
Apartment
Bedrooms
34
Bathrooms
18
Building Size
1,447m²
Living Area
18
Garages
1
Covered Parking
1
Open Parking
1
Rates & Taxes
N$12,000
Single Phase Power
Yes
Fibre Internet
Yes
Covered Parking
Yes
Garden
Yes
Reference
2247194
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
NAD225,147
Home loan repayment
NAD213,147
Rates and taxes
NAD12,000
Utilities
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NAD0
Property history
Listed for sale at N$23,500,000
06 May 2024
Price reduced by 6.4% to N$22,000,000
08 Aug 2024
Price reduced by 0% to N$21,995,000
23 Oct 2024
Price reduced by 2.3% to N$21,500,000
25 Oct 2024
Price reduced by 2.3% to N$20,995,000
21 Jan 2025
Get to know Windhoek
Windhoek, the vibrant capital of Namibia is an exceptional mixture of history and future-forward thinking - as evident in the incredible plethora of properties on offer in this bustling city. From large residential properties to investment development - it is an exciting blend of modern architecture and Victorian style buildings - making it impossible to resist and easy to fall in love with.
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