500m² Business Centre For Sale in Otavi

Otavi, Otavi, Namibia

2,007 square met

Property Details

Property Type : Business Centre

Price : N$ 1,500,000

Town : Otavi

Property Size : 2,007 square met

Suburb : Otavi

Property Status : For Sale

Property Description

Looking for your next investment opportunity? This centrally located business property offers excellent redevelopment potential and immediate rental income. 𝗣𝗥𝗢𝗣𝗘𝗥𝗧𝗬 𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗦 • 📐 Erf Size: 2,007m² • 🛍 2 large commercial shop spaces (previously operated as bars) • 🛌 Multiple residential rental units – all currently occupied • 🚿 7 Bathrooms • 🚽 3 Toilets (WC) • 💧 Borehole on the premises • 📍 Centrally located near schools, shops and all essential amenities • 💼 Excellent redevelopment and income-generating potential 𝗣𝗥𝗢𝗣𝗘𝗥𝗧𝗬 𝗢𝗩𝗘𝗥𝗩𝗜𝗘𝗪 • The property consists of an older building with great renovation potential, making it ideal for investors looking to modernize and add value. • The commercial section comprises two spacious shop premises that were previously used as bars. • The residential section consists of multiple rental units, most of which share communal bathroom facilities. • The existing tenants provide immediate rental income while offering excellent future development opportunities. • With over 2,000m² of land in a prime central location, this property is an exceptional investment at this price. 𝗪𝗛𝗬 𝗜𝗡𝗩𝗘𝗦𝗧 𝗜𝗡 𝗢𝗧𝗔𝗩𝗜? • Otavi is a growing town with exciting development prospects. • A Namibian university is expected to open its doors in Otavi, creating increased demand for accommodation and commercial space. • Accommodation in Otavi is already scarce, making this an ideal investment for future growth. 𝗦𝗘𝗟𝗟𝗜𝗡𝗚 𝗕𝗘𝗟𝗢𝗪 𝗩𝗔𝗟𝗨𝗔𝗧𝗜𝗢𝗡 • 💰 Valued at N$2.2 Million (2023) • 🔥 Selling way below valuation!!!

Property Features

No property features listed.

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Listed By

Just Property

Property Agent

Maria Dedig

0816620936

mariad@just.property

WhatsApp Maria

500m² Business Centre For Sale in Otavi

N$ 1,500,000

Property Details

Property Description

Property Features

Gallery

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NAD 1,300,000*

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Listed By

Property Agent

Maria Dedig

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