£1,991,779
R47,500,000
Office for saleDr. A.B. May Street & Rev Michael Scott St, Windhoek, Namibia
About this property
**Prime Development Opportunity: 4 Adjacent Stands Available**
**Price:** N$ 47,500,000.00 (Excluding VAT, Negotiable)
Discover an exceptional investment opportunity with these four adjacent stands, strategically positioned for rezoning to business with a bulk of 2.0 and an additional residential bulk of 1.0. This prime real estate offers immense potential for development and growth.
**Total Stand Size:** 6000m2
**Stand Details:**
– **Stand 1:** Size 1349m2 – Includes two vacant houses, offering a blank canvas for your development vision.
– **Stand 2:** Size 1932m2 – Features one house currently generating a rental income of N$ 20,000 per month. This property is registered under a Pty and must be purchased as such.
– **Stand 3:** Size 1488m2 – This stand is also part of the Pty registration and must be acquired from the Pty.
– **Stand 4:** Size 1231m2 – Comprising three houses currently utilized as offices, it offers a rental income of N$ 41,801.50 per month. This property is registered under its own Pty and can be directly purchased.
All properties are under month-to-month lease agreements, providing flexibility for future development plans.
For more information or to arrange a viewing, please contact Cecilia at . Secure this prime real estate opportunity today!
**Price:** N$ 47,500,000.00 (Excluding VAT, Negotiable)
Discover an exceptional investment opportunity with these four adjacent stands, strategically positioned for rezoning to business with a bulk of 2.0 and an additional residential bulk of 1.0. This prime real estate offers immense potential for development and growth.
**Total Stand Size:** 6000m2
**Stand Details:**
– **Stand 1:** Size 1349m2 – Includes two vacant houses, offering a blank canvas for your development vision.
– **Stand 2:** Size 1932m2 – Features one house currently generating a rental income of N$ 20,000 per month. This property is registered under a Pty and must be purchased as such.
– **Stand 3:** Size 1488m2 – This stand is also part of the Pty registration and must be acquired from the Pty.
– **Stand 4:** Size 1231m2 – Comprising three houses currently utilized as offices, it offers a rental income of N$ 41,801.50 per month. This property is registered under its own Pty and can be directly purchased.
All properties are under month-to-month lease agreements, providing flexibility for future development plans.
For more information or to arrange a viewing, please contact Cecilia at . Secure this prime real estate opportunity today!
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