Guest House For Sale in Katima Mulilo

Ref: PN#149468

More Information

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
o Situated on the main road, this property enjoys high visibility and accessibility.
2. Diverse Opportunities
o Currently
the property features a well-respected guesthouse, on one side,
motor vehicle workshop and panel beater on the other side.
o Additionally
there is 5,000 sqm of undeveloped land at the rear.
3. Subdivision Potential
o The property can be subdivided, allowing for flexibility in development plans.
o Subdivision may result in a new pricing structure, making it an attractive option for investors and developers.
4. Private Ownership
o The property comes with a title deed, ensuring a smooth and secure transaction.
5. Value Proposition
o Priced at N$8,400,000, negotiable (excluding VAT), this property offers significant value and investment potential.
o 2 x units (Lodge & Workshop) sold as one
o 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 - IF APPLICABLE