Commercial Property For Sale Otjiwarongo

Otjiwarongo, Otjiwarongo, Namibia

  • 6,711 m²

N$ 7,800,000

Vacant Land Commercial For Sale

Property Details

Property Type : Vacant Land Commercial
Price : N$ 7,800,000
Town : Otjiwarongo
Property Ref : entegral-2557275
Property Size : 6,711 m²
Suburb : Otjiwarongo
Property Status : For Sale

Property Description

Strategic Industrial Property with Development Potential in Otjiwarongo This 6,711 m² industrial property is ideally located within Otjiwarongo’s established Industrial Area, offering excellent accessibility and high visibility for commercial and industrial enterprises. Zoned Industrial with an 80% allowable coverage, the site provides substantial opportunities for expansion and development. The property benefits from municipal water and electricity connections, along with ample on-site parking that complies with town-planning regulations. The improvements consist primarily of single-storey industrial buildings totaling approximately 1,794 m² of warehouse space. Warehouses 1 to 5 offer around 1,076 m² of single-volume warehouse accommodation with integrated office facilities, while Warehouses 6 and 7 provide an additional 718 m² with similar office provisions. Additional amenities include approximately 24 m² of ablution facilities and an 86 m² residential flat featuring an entrance, lounge, kitchen, two bedrooms, and a bathroom. The property is securely enclosed by brick walls and wire fencing. Key Features: - 6,711 m² industrial erf with 80% allowable coverage - Approximately 1,794 m² of warehouse accommodation - Integrated office space within warehouse buildings - Residential flat with two bedrooms and bathroom - On-site parking compliant with town-planning requirements - Municipal water and electricity services connected - Conventional construction with reinforced concrete slabs and steel frames - Average state of repair with established income-generating potential Constructed with reinforced concrete slabs, steel window frames, and iron roofing, the main structures are in average condition. The property offers both reliable industrial income generation and significant development potential. Valuation analysis confirms industrial use as the highest and best use, reflecting the increasing demand for quality industrial premises in Otjiwarongo’s growing commercial sector. This versatile property is suitable for owner-occupation, industrial operations, or as an income-producing investment. Contact us today to arrange a viewing and explore this exceptional opportunity further.

Property Features

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