0 Bedroom Townhouse For Sale in PIONIERS PARK EXT 1

N$59,400,000
0 Bedroom Townhouse For Sale in PIONIERS PARK EXT 1  (#57634)
0 Bedroom Townhouse For Sale in PIONIERS PARK EXT 1  (#57634)
0 Bedroom Townhouse For Sale in PIONIERS PARK EXT 1  (#57634)
0 Bedroom Townhouse For Sale in PIONIERS PARK EXT 1  (#57634)
0 Bedroom Townhouse For Sale in PIONIERS PARK EXT 1  (#57634)
0 Bedroom Townhouse For Sale in PIONIERS PARK EXT 1  (#57634)

Ref: PN#151363

The Property

Property Features

    Listing Features
    Listing:For Sale
    Property:Townhouse
    Seller:Agent
    Mandate:Open Mandate

    More Information

    Engedi Complex – A Prime Property Investment in Pionierspark

    Exclusive Opportunity to Own in a High-Demand Location
    Engedi Complex is a secure, access-controlled residential development in Pionierspark, a sought-after area near UNAM. Offering 44 Modern Units across two phases, this property presents an exceptional investment opportunity with guaranteed rental demand and 9.5 rental growth (2023-2024).

    Property Details
    • For Sale N$ 59 400 000.00
    • Occupancy Status Occupied
    • Street Address Shepmann Street 1, Pionierspark
    • Erf Size 4734 sqm
    • Property Size 2711 sqm

    Investment Highlights
    Strong rental income potential due to proximity to UNAM. High security with access-controlled entry. A blend of spacious townhouses & apartments for diverse tenant needs. Steady rental demand in a premium location
    Unit Breakdown

    Phase 1 – Townhouses (22 Units)
    Each unit is thoughtfully designed to balance privacy, comfort, and functionality, making them ideal for families and professionals.
    • Unit Features
    o 2 Bedrooms
    o Full bathroom (bath & shower)
    o Open-plan kitchen, lounge, and dining area
    o Private courtyard with built-in braai
    o 2 covered parking bays
    • Unit Sizes
    o 4 Units of 65m² N$ 1 450 000.00 / Levies N$ 1 950.00 per Unit
    o 18 Units of 59m² NR 1 325 000.00 / Levies N$ 1 770.00 per Unit

    Phase 2 – Apartments (22 Units)
    Offering both 1-bedroom and 2-bedroom options, these apartments cater to students, young professionals, and small families. e
    • Unit Features
    o 1 & 2-bedroom layouts
    o Full bathroom (bath & shower)
    o Open-plan kitchen, lounge, and dining area
    o Private courtyard with built-in braai
    o 1 covered parking bay
    • Unit Sizes
    o 6 Units of 57m² (2 bedrooms) N$ 1 350 000.00 / Levies N$ 1 710.00 per Unit
    o 1 Unit of 65m² (1 bedroom) N$ 1 350 000.00 / Levies N$ 1 050.00 per Unit
    o 14 Units of 65m² (2 bedrooms) N$ 1 350 000.00 / Levies N$ 1 950.00 per Unit
    o 2 Units of 51m² (1 bedrooms) N$ 800 000.00 / Levies N$ 1 950.00 per Unit
    o 1 Units of 92m² (3 bedrooms) N$ 1 500 000.00 / Levies N$ 1 710.00 per Unit

    Secure Your Investment Today!
    Contact Vision Property today to schedule a viewing with Elisna Stevenson +264 81 225 9610 or Dustin Maresch +264 81 889 9075

    Availability

    Available

    43 Days listed on Property News


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