Property Description

Great opportunity to earn passive income from this low risk investment.

Twenty-two well-managed small apartments in Mondesa with the potential to bring you N$ 50,000 per month at full capacity. Even at a 20% vacancy rate you will still earn 7,7% return on your capital. All units have pre-paid electricity meters.

The property is registered in a close corporation which saves a considerable amount in transfer fees.

Address
Swakopmund
Mondesa
Erongo
Mortgage Calculator
N$
N$ %
years
%
N$ %per year
N$

N$

For the Investor

N$3,700,000
Listing ID #1114
Basic Details
Property Type : Commercial
Listing Type : For Sale
Listing ID : 1114
Ref ID : C0310
Price : N$3,700,000
View : Street
House Area M² : 552 m²
Erf Area M² : 1,523 m²
Agent info
Johan Cilliers
Henric Estates
23 Sam Nujoma Avenue
Contact Agent