Property Details
Prime Multi- Unit Investment Property with Business Potential- Sixth Street East, Walvis Bay
Exceptional opportunity to acquire a versatile multi-unit property ideally located on Sixth Street East Corridor, a railway line connecting the Walvis Bay port with inland destination in Walvis Bay. Zoned for General Residential use (1:150) and business potential (surrounding properties some zoned to business), this property is perfectly suited for investors, developers; or professionals seeking a mixed- use opportunity.
Property Features:
- Main Units (2x identical units) 126 square meters each
- Kitchen
- Lounge areas
- 2x Bathrooms one with shower and toilet and the other bath and toilet
- Guest bathroom
- One of the units has indoor BBQ in the kitchen while the other unit a built in
fireplace.
- Overall, the units have well designed layouts offering comfort and functionality.
Additional Flats (2x Identical Units)
- Measuring under roof size 142 square meters.
- 2x Bedrooms
- 1 Bathroom which is only shower and toilet
- Open plan kitchen and lounge area
- Outside toilet
Additional Improvement:
- 4x Manually operated garages (80 square meters)
- Double garage (45 square meters) this is attached to subsidiary dwelling
- Subsidiary dwelling (ideal for additional rental income, storage or office use) 55
square meters.
The property is in need of renovation to bring it the industry potential.
Investments Highlights
1) Multiple income-generating units on one property.
2) Strong rental income potential.
3) Excellent potential for conversion into professional offices, consulting rooms or business premise.
4) Strategic location near transport routs and commercial activity around the Walvis
Bay Harbour.
5) Significant value-add opportunity with upgrades or modernization
Whether you are expanding your investment portfolio or seeking a property with residential and commercial possibilities, this opportunity should not be missed, contact us today.
Property Features
- Property Type House
- Beds 10
- Bath 6
- Garages 5
- Flatlet Yes
- Building Size
- Stand Size 1,168m²
- Living Area 4