Sought after area.

N$ 4,400,000.00

PROPERTY INFORMATION:

Property has a zoning of “Residential” with a density of 1: 900 m².

The subject property is also situated in the “Office Policy Zone Area” and can be rezoned to “Office” with a bulk of 0,4.

Present improvements consist of a double storey office building, storeroom, warehouse, flat, carport, paving and electrified boundary walls.

The double storey office building consists of a reception area, kitchenette with BIC, ablutions, board room and 5 offices on the ground floor.

The lower ground floor consists of a store room, walk-in-safe, kitchenette with BIC, ablutions and 4 offices.

The flat consists of an open plan lounge/ kitchenette with BIC, 1 bedroom and 1 bathroom.

CONSTRUCTION OF IMPROVEMENTS:

The office building is built with a steel frame structure, clay and cement brick walls, concrete and clip-lock roof sheeting, pine and rhino

board ceilings, aluminium frame windows with ceramic and porcelain tiles on the floors.

The flat is built with cement brick walls, corrugated iron roof sheeting, rhino board ceilings with steel windows and ceramic tiles on the floors.

All the improvements are in a good condition and need some minor renovations on the inside and outside.

The flat is in an average condition and needs some renovations on the inside and outside.

MEASURING:

Erf Size 1 201 sqm

Office 377 sqm

Flat 40 sqm

Warehouse/ storeroom 173 sqm

Carport 159 sqm

PRICE:

Zoning “Residential”: N$4 400 000.

Zoning “Office” N$6 400 000. (Price higher once office zoning has been completed)

Office zoning process started.