Premier Multi-Unit Investment Opportunity in Otjiwarongo Central

This distinguished commercial property presents an exceptional investment opportunity in Otjiwarongo Central, Namibia. Comprising a diverse portfolio of seven distinct residential units under a singular title deed, this offering is tailored for discerning investors seeking a robust return. The comprehensive complex includes two substantial three-bedroom houses, two charming one-bedroom en-suite thatched units, a well-appointed two-bedroom unit, and two efficient bachelor flats, catering to a broad spectrum of rental demand.

Main House No. 1, recently renovated, features three bedrooms, two bathrooms, built-in cupboards, and an open-plan kitchen and living area, complemented by a built-in braai, carports, and a private garden, accommodating pets. Main House No. 2 offers three bedrooms, one bathroom, a separate kitchen and living area, a private outdoor BBQ space, two carports, and robust boundary walls, also welcoming pets.

The additional units provide further versatility: two one-bedroom en-suite thatched units with open-plan living, a practical two-bedroom unit, and two compact bachelor flats, each equipped with a kitchenette and bathroom. Each dwelling benefits from its own prepaid electricity meter, while water for the ancillary units is included in the rental, simplifying tenant management.

Security is paramount, with the entire 2800 sqm erf enveloped by high-security walls, electric fencing, an access gate, security gate, and burglar bars. Additional amenities include a laundry facility, storage, air conditioning, a scullery, and paved areas within a well-maintained garden. This meticulously managed complex promises a consistent rental yield. Prospective investors are invited to arrange a private viewing to fully appreciate the scope of this unique offering.

Key Features

• Seven Diverse Residential Units
• Single Title Deed Investment
• Individual Prepaid Electricity Meters
• Enhanced Security Features (Electric Fencing, Security Gates)
• Generous 2800 sqm Erf Size
• Laundry, Storage, and Air Conditioning
• Prime Location in Otjiwarongo Central