Commercial Property for Sale in Windhoek Central

PRIME WINDHOEK BUSINESS PROPERTY FOR SALE | N$18 MILLION ESTABLISHED COMMERCIAL OCCUPANCY, VALUATION DISCOUNT AND DEVELOPMENT POTENTIAL Secure a substantial business-zoned property in Windhoek currently accommodating multiple commercial occupants. The property offers investors an opportunity to assess its existing commercial use, rental arrangements and income documentation, while also considering potential expansion or redevelopment options, subject to professional feasibility studies, municipal approvals and applicable regulations. EXISTING COMMERCIAL OCCUPANTS The property currently accommodates: • Pholfs • FinAid • Herdies Furniture • Advanced Med Pharmacy • KK Upholstery • Basement storage for a remote haberdashery business The existing occupants may provide a foundation for continued commercial use. Any assessment of income potential remains subject to verification of lease agreements, tenant arrangements, rental records, operating expenses and other relevant documentation. ZONING AND DEVELOPMENT POTENTIAL Zoned: Business Bulk factor: 3.5 Maximum permissible coverage: 85% Potential built-up area of approximately 4,478 sqm, subject to confirmation, detailed planning assessment and relevant approvals 5-metre building line from the street frontage 3-metre building lines to the lateral sides and rear Building-line relaxation may be possible where permitted and approved. A drainage servitude runs through a section of the property and must be considered in any development assessment. These parameters may appeal to investors and developers evaluating additional commercial space, expansion or redevelopment. The stated development potential is not a guarantee of approval and remains subject to municipal requirements, professional assessment, building-line restrictions, the drainage servitude, and other applicable conditions. Selling for N$19,000,000.00 excluding all costs. Commercial property investors, Developers, Cash Buyers, and Pre-approved Buyers are all welcome to make an offer. Interested parties should conduct proper due diligence by reviewing the valuation, leases, income records, tenant arrangements, zoning information, development parameters, municipal requirements, and drainage-servitude details. For viewing, please contact Ndahafa Nikodemus at 0811220554 or 0814106100