A WINNING INVESTMENT OPPORTUNITY IN BRAKWATER, WINDHOEK
RESIDENTIAL INVESTMENT OPPORTUNITY | BRAKWATER, WINDHOEK
With Windhoek expanding, this substantial Brakwater property offers investors an opportunity to explore a future residential neighbourhood or phased development, subject to planning approvals and feasibility.
The valuation records residential zoning and notes that subdivision into smaller portions may warrant consideration.
Property highlights
• Located in the Nubuamis area, approximately 2.6 km west of the Weighbridge Exit at the Elisenheim interchange
• Existing guesthouse-style accommodation and other improvements, including a main building, flat, staff quarters, garages, conference and training spaces, and a swimming pool
• A substantial portion of the holding is vacant
PRICE: N$ 18,500,000.00
Investor due diligence: The valuation describes the Guesthouse buildings as being in poor condition, with extensive repairs and refurbishment required. Municipal water was disconnected at inspection; electricity remained connected. The report also notes rocky terrain and that the property is outside the town boundary. Verify zoning, services, subdivision and development approvals, and building condition before purchase.
For enquiries,
GC SHAYELA PROPERTIES CC
George Coetzee - 081 129 2920
Ailene Brink - 081 294 9916