KATIMA MULILO - GUESTHOUSE AND/OR WORKSHOP

Katima Mulilo, Katima Mulilo, Namibia

N$ 8,400,000

Guest House For Sale

Property Details

Property Type : Guest House
Price : N$ 8,400,000
Town : Katima Mulilo
Property Ref : entegral-2213704
Suburb : Katima Mulilo
Property Status : For Sale

Property Description

Prime Property for Sale Guesthouse & Workshop Katima Mulilo Location: Mpacha Road, Industrial Area Total Area: 14,500 sqm Selling Price : N$8,400,000 excluding VAT The 2 properties can be sold separately at a reduced/renegotiated price (when subdivided) Details : Guesthouse 1. 3 x Wooden Cabins with ensuite bathrooms. 2. 2 x Container rooms with ensuite bathrooms. 3. 5 x Standard rooms with on suite bathrooms. 4. 1 x laundry room. 5. Fully Functional Lapa/Bar with Kitchen and entertainment area. 6. 1 x Single bedroom flat with 1. kitchen, 2. lounge 3. bathroom 4. Occupants on a monthly basis. 7. 1x 2 Bedroom flat with 1. lounge 2. kitchen 3. Small private yard. Workshop 1. 1 x Workshop with 1. office 2. yard 3. Currently rented out on yearly contract to a reputable corporate tenant. 2. 1 x Fully Functional workshop with 1. Workshop 2. spray and wash bays. 3. Workshop has managers house with 1. 3 Bedroom, 2. 2 bathrooms • open plan kitchen lounge area. Property Highlights: 1. Strategic Location: o Situated on the main road, this property enjoys high visibility and accessibility. 2. Diverse Opportunities: o Currently  the property features a well-respected guesthouse, on one side,  motor vehicle workshop and panel beater on the other side. o Additionally  there is 5,000 sqm of undeveloped land at the rear. 3. Subdivision Potential: o The property can be subdivided, allowing for flexibility in development plans. o Subdivision may result in a new pricing structure, making it an attractive option for investors and developers. 4. Private Ownership: o The property comes with a title deed, ensuring a smooth and secure transaction. 5. Value Proposition: o Priced at N$8,400,000, negotiable (excluding VAT), this property offers significant value and investment potential. o 2 x units (Lodge & Workshop) sold as one o Subdivision is possible – at a renegotiated price then Don't miss out on this exceptional opportunity to acquire a versatile property in a prime location. Contact Steinie Steinbach today for further information and to arrange a viewing. VAT EXCLUDED - IF APPLICABLE

Property Features

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