Prime Property for Sale

Guesthouse & Workshop

Katima Mulilo

Location:  Mpacha Road, Industrial Area

Total Area: 14,500 sqm

Selling Price : N$8,400,000 excluding VAT

The 2 properties can be sold separately at a reduced/renegotiated price (when subdivided)

Details :

Guesthouse

1. 3 x Wooden Cabins with ensuite bathrooms.
2. 2 x Container rooms with ensuite bathrooms.
3. 5 x Standard rooms with on suite bathrooms.
4. 1 x laundry room.
5. Fully Functional Lapa/Bar with Kitchen and entertainment area.
6. 1 x Single bedroom flat with
   1. kitchen,
   2. lounge
   3. bathroom
   4. Occupants on a monthly basis.
7. 1x 2 Bedroom flat with
   1. lounge
   2. kitchen
   3. Small private yard.

Workshop

1. 1 x Workshop with
   1. office
   2. yard
   3. Currently rented out on yearly contract to a reputable corporate tenant.
2. 1 x Fully Functional workshop with
   1. Workshop
   2. spray and wash bays.
   3. Workshop has managers house with
      1. 3 Bedroom,
      2. 2 bathrooms

• open plan kitchen lounge area.

Property Highlights:

1. Strategic Location:
   • Situated on the main road, this property enjoys high visibility and accessibility.
2. Diverse Opportunities:
   • Currently
     • the property features a well-respected guesthouse, on one side,
     • motor vehicle workshop and panel beater on the other side.
   • Additionally
     • there is 5,000 sqm of undeveloped land at the rear.

3. Subdivision Potential:
   • The property can be subdivided, allowing for flexibility in development plans.
   • Subdivision may result in a new pricing structure, making it an attractive option for investors and developers.
4. Private Ownership:
   • The property comes with a title deed, ensuring a smooth and secure transaction.
5. Value Proposition:
   • Priced at N$8,400,000, negotiable (excluding VAT), this property offers significant value and investment potential.
   • 2 x units (Lodge & Workshop) sold as one
   • Subdivision is possible – at a renegotiated price then

Don’t miss out on this exceptional opportunity to acquire a versatile property in a prime location.

Contact Steinie Steinbach today for further information and to arrange a viewing.

VAT EXCLUDED