More Information
Entire Engedi Complex for Sale Prime Investment Property in Pionierspark, Windhoek N$59,400,000
Rare Opportunity for Savvy Investors! The entire Engedi Residential Complex, located in the heart of Pionierspark, Windhoek, is now available for purchase. With 44 fully-let units, high rental demand, and a proven track record of rental growth, this is a standout asset in Namibia s real estate market.
Whether you re an institutional investor, private fund, or developer, this fully operational, income-generating complex offers both immediate returns and long-term capital appreciation.
About Engedi Complex
Location Shepmann Street 1, Pionierspark, Windhoek
Erf Number ERF 1954
Erf Size 4,734 m
Built Area 2,711 m
Price N$59,400,000
Occupancy Status Fully Occupied
Security Gated access-controlled complex
Investor Highlights
44 Residential Units across two phases
9.5 Rental Growth (2023 2024)
High Rental Demand Directly adjacent to the University of Namibia (UNAM)
Diversified Unit Mix Townhouses and apartments for broader tenant appeal
Secure, Fully Managed Complex
Strong Capital Growth in Pionierspark One of Windhoek s most in-demand suburbs
Phase 1 Townhouses (22 Units)
All townhouses include
2 Bedrooms
Full Bathroom (Bath & Shower)
Open-plan Kitchen, Lounge & Dining
Private Courtyard with Built-in Braai
2 Covered Parking Bays
Sizes
4 Units 65 m
18 Units 59 m
Phase 2 Apartments (22 Units)
Features
1 & 2 Bedroom Options
Full Bathroom (Bath & Shower)
Open-plan Living & Kitchen
Private Courtyard with Braai
1 Covered Parking Bay per unit
Unit Sizes
6 Units 57 m (2 bedrooms)
14 Units 65 m (2 bedrooms)
2 Units 51 m (2 bedrooms)
1 Unit 35 m (1 bedroom)
Perfect for
Real estate investment trusts (REITs)
Private equity property funds
Pension and retirement portfolio diversification
Developers seeking immediate cash flow and future redevelopment options
Buy-and-hold investors focused on high-yield residential assets
Serious investors, schedule a private viewing or request a detailed rental income statement today. Don t miss this rare opportunity to own a high-performing residential asset in Windhoek.
