Commercial Property in Otjiwarongo Central For Sale

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Description

Industrial Investment with Warehouse Space and Development Potential

Strategic Industrial Property with Development Potential in Otjiwarongo
This 6,711 m² industrial property is strategically positioned in Otjiwarongo's established Industrial Area, offering excellent accessibility and visibility for commercial and industrial operations. The property is zoned Industrial with an allowable coverage of 80%, providing significant scope for expansion and development. Municipal water and electricity services are supplied to the site, with adequate on-site parking available in accordance with town-planning requirements.
The improvements comprise predominantly single-storey industrial buildings totalling approximately 1,794 m² of warehouse accommodation. Warehouse 1-5 provides approximately 1,076 m² of single-volume warehouse space with integrated office facilities, whilst Warehouse 6-7 offers approximately 718 m² with similar office provisions. The property also includes approximately 24 m² of ablution facilities and a 86 m² residential flat comprising entrance, lounge, kitchen, two bedrooms and bathroom. Boundary enclosure is provided 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
The main structures feature reinforced concrete slabs, steel window frames and iron roof coverings. The property presents an average overall condition and offers both established industrial income-generating capability and additional development potential. Valuation analysis identifies industrial use as the highest and best use, reflecting growing demand for suitable industrial premises in Otjiwarongo's expanding commercial sector. This property is suitable for owner-occupation, industrial operations or as an income-producing investment. Contact us to arrange a viewing and discuss this opportunity further.

LA Prosperite Property Estate Agent CC trading as REMAX LA Prosperite (Windhoek) operates in terms of a franchise agreement with REMAX of Southern Africa.

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LA Prosperite Property Estate Agent CC trading as REMAX LA Prosperite (Windhoek) operates in terms of a franchise agreement with REMAX of Southern Africa.