PERFECTLY LOCATED - DEVELOPMENT OPPORTUNITY SWAKOPMUND CENTRAL

EXCLUSIVE SOLE MANDATE

This erf is zoned General Business and located in Swakopmund central which makes it ideal for development of a block of flats and/or shops. It has a bulk factor of 2.0 and measures 819m2 in extent.

The zoning allows for primary uses as shops, office buildings, Hotel, Block of Flats and consent use which includes Bed & Breakfast, Pensions or Institutional Buildings.

Buildings up to a height of 13 meters may be permitted and up to 16 meters with special consent from Council.

At the moment the property commonly referred to as Rietdakken consist of the following thatched roof units:

• Unit 1 A - Unit 89m2 (2 Bedrooms) & Loft 41m2 (2 Bedrooms) plus single 17m2
• Unit 1 B - Unit 47.4m2 (2 Bedrooms) & Loft 32m2 plus single garage 17m2
• Unit 2 -Unit and Loft 124m2 ( 3 Bedrooms) & 2 x Garage 36m2
• Unit 3-Unit and Loft 119m2 (2 Bedrooms) & 1 x Garage 20m2
• Unit 4 - Unit 74m2 & Loft 23m2 ( 3 Bedrooms) plus garage 19m2

The opportunity to either keep these units and rent them out on a permanent basis or on day to day as self-catering units which will be ideal for your guests within walking distance from all amenities.

N$6,000,000

€378,827

USD402,943

(Prices in other currencies quoted as at 02 November 2023)