Commercial Property in Otjiwarongo Central For Sale

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72 Libertina Amathila Tare, Otjiwarongo Central, Otjiwarongo

Description

Strategically situated Office and Retail Plaza for Sale.

Prime Commercial and Residential Investment Opportunity in Otjiwarongo Central

An exceptional investment prospect awaits in the heart of Otjiwarongo Central, Namibia. This substantial commercial and residential complex is strategically positioned on the primary thoroughfare, serving as a critical nexus for commuters traversing north, south, and west. Encompassing an impressive Erf size of 3549 square metres and a total floor area of 2571 square metres, this property presents a diverse portfolio of income-generating assets, offered for sale as a going concern.

The complex is structured into four distinct blocks, accommodating sixteen commercial units. Block 1 (1029 m²) features six shops for entertainment, gambling, and restaurants. Block 2 (223 m²) offers two versatile units for retail or consulting. Block 3 comprises five smaller retail outlets across 300 m², while Block 4 provides three additional commercial spaces within its 259 m² footprint.

Complementing the commercial offerings are four well-appointed residential flats, totalling 27

LA PROSPERITE ESTATE AGENTS CC trading as REMAX LA Prosperite (Otjiwarongo) operates in terms of a franchise agreement with REMAX of Southern Africa.

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LA PROSPERITE ESTATE AGENTS CC trading as REMAX LA Prosperite (Otjiwarongo) operates in terms of a franchise agreement with REMAX of Southern Africa.