For Sale
Active
Ref: PN#158847
Industrial For Sale in Otjiwarongo
Otjiwarongo
N$7,800,000
Listed today
Property Overview
0
Bedrooms
0
Bathrooms
0
Garages
0
Undercover parking
0
Floor area (m²)
6711
Erf size (m²)
For Sale
Listing type
Industrial
Property type
Versatile Realty
Seller
Open mandate
Mandate
Property Description
Erf 1604, Hatting Street | 6,711 m²
An excellent commercial investment opportunity. Ideally located.
The property offers approximately 1,843 m² of rentable warehouse space, excluding the flat, and currently generates N$57,000 per month in rental income (excluding VAT).
Property Features
• 5 warehouses of approximately 225 m² each
• 2 warehouses of approximately 359 m² each
• Small residential flat
• Secure alarm systems throughout the warehouses
• Prepaid electricity and water
• New 9 kg fire extinguishers in all warehouses and the
flat
• Four warehouses have three-phase electrical capability
• Concrete loading ramp
• Large yard with easy truck access and ample
maneuvering space
• Low water consumption
The property has a strong existing tenant base, with several tenants having been in occupation for many years, providing a reliable rental income stream.
With its generous land size, established tenants, excellent access and flexible warehouse facilities, this property offers a solid income-generating opportunity for investors.
Land size: 6,711 m²
Building/rental area: ±1,843 m², excluding flat
Current rental income: N$57,000 per month (Excl VAT)
Annual rental income: N$684,000
An excellent commercial investment opportunity. Ideally located.
The property offers approximately 1,843 m² of rentable warehouse space, excluding the flat, and currently generates N$57,000 per month in rental income (excluding VAT).
Property Features
• 5 warehouses of approximately 225 m² each
• 2 warehouses of approximately 359 m² each
• Small residential flat
• Secure alarm systems throughout the warehouses
• Prepaid electricity and water
• New 9 kg fire extinguishers in all warehouses and the
flat
• Four warehouses have three-phase electrical capability
• Concrete loading ramp
• Large yard with easy truck access and ample
maneuvering space
• Low water consumption
The property has a strong existing tenant base, with several tenants having been in occupation for many years, providing a reliable rental income stream.
With its generous land size, established tenants, excellent access and flexible warehouse facilities, this property offers a solid income-generating opportunity for investors.
Land size: 6,711 m²
Building/rental area: ±1,843 m², excluding flat
Current rental income: N$57,000 per month (Excl VAT)
Annual rental income: N$684,000
