Prime Hospitality & Development Investment Opportunity Selling Price: N$27.3 Million Valuation Price: N$32.8 Million For 27 years, this iconic hospitality property has built a strong reputation for exceptional service, loyal clientele, and successful operations. This well-established estate presents a rare investment opportunity combining hospitality, leisure, and future development potential. Strategically located near the tranquil Kavango River, the property offers guests a peaceful retreat while remaining accessible to town amenities. Accommodation & Guest Facilities The property offers a diverse range of accommodation options, ideal for tourism, conferences, and group travel. Accommodation includes: ✔ 41 Guest Rooms ✔ 7 Private Houses ✔ 12 Campsites Guest Amenities: ✔ Restaurant with fully equipped kitchen ✔ 2 Bars ✔ Swimming pools ✔ Volleyball court Conference & Event Facilities Perfect for corporate retreats, weddings, and events. ✔ 4 Conference venues ✔ Spacious event areas ✔ Established reputation for hosting large gatherings Additional Infrastructure The property is fully equipped for smooth daily operations. ✔ Staff and owner residences ✔ Bachelor flats ✔ Reception area ✔ Laundry facilities ✔ Multiple storage rooms ✔ Ablution blocks ✔ Warehouse ✔ Garden equipment storage Utilities & Security Designed for efficient, reliable operations. ✔ Gas geysers ✔ Borehole water supply ✔ 8 Security cameras ✔ Security office ✔ Two-way entrance gate ✔ 2 Vehicles included in the sale Green Energy Investment (Over N$3 Million Value) Installed mid-2022 for energy efficiency and sustainability. ✔ 85,000W Solar panel system ✔ 100KVA three-phase inverter ✔ 305KWH Lithium Blue batteries ✔ 60KVA backup generator Unique Environmental Features ✔ 3 Fish ponds enhancing the property's atmosphere ✔ Peaceful natural surroundings near the Kavango River 📐 Property Size & Development Potential ✔ 37,910 m² property size ✔ Approved plans for 58 townhouse units Future development plans under Ngandu Estate include 58 Townhouse Units, creating a long-term rental income stream. Future Growth Opportunities This property offers multiple revenue streams and expansion potential: Hospitality accommodation Conferences & events Leisure tourism Residential rental development Potential casino license qualification for additional income Proven Business With Strong Financial Performance The current owners are offering the property for sale as part of a strategic decision to downscale operations, presenting an opportunity for a new owner to continue and expand this successful legacy. Why This Investment Stands Out ✔ Established 27-year reputation ✔ Below valuation price ✔ Multiple income streams ✔ Large property with development potential ✔ Significant solar investment ✔ Strong hospitality brand foundation A Rare Opportunity This is a unique chance to acquire a thriving hospitality business with significant development potential, combining tourism, conferencing, leisure, and residential income opportunities.