FEATURED
Web Ref CL8046
FEATURED
Web Ref CL8046
Commercial Office building For Sale - Windhoek CBD/Klein Windhoek
Location:
Situated in Windhoek CBD area boardering Klein Windhoek, this property boasts a prime position with an area of 1,279 m² in the Municipality of Windhoek, Khomas Region. The land is strategically placed on the edge of the CBD, ensuring excellent access and visibility.
Zoning Details:
- Zoning: Office
- Bulk: 0.4 m² (Actual: 496 m², Permissible: 511 m²)
- Height: 3 floors (Actual and Permissible)
- Coverage: 70% of 1,566 m² (Actual: 25% - 326 m², Permissible: 70% - 895 m²)
- Parking: Required - 19, Provided - 4 basement, 12 net/steel, 8 open
- Building Line: 5-meter street front, 3-meters sides
Comments on Zoning:
While the property currently falls below the allotted bulk and coverage, the existing building's location limits further development. The height conforms to municipal limits. Adequate parking is available.
Description of the Erf and Location:
The land, of average size, is positioned above street level with a gradual slope to the rear. Its favorable location places it close to essential amenities such as Parliament, Schools, Ministry of Home Affairs, American Embassy, and TransNamib. The property is well-maintained, showcasing high-quality fittings and finishes.
Structural Details:
1. Basement (116 m²):
- Two offices and a large document safe
- Another section with a store and four basement parking bays
2. First & Second Floor (494 m²):
- Reception, a large open office, and two toilets
- Three large open offices, two offices with drywall partitioning, and a toilet accessed from outside
- Second floor includes a large boardroom, four offices, and an open office with a toilet
3. Minor Features:
- Paving
- Boundary walls, fencing, retaining walls, and electric fencing
- Parking (11 net, 7 open, 4 basement, 5 steel)
- Balconies and porches
- Air-conditioning and evaporative cooler
- Alarm, beams, etc.
- Entrance gate motor
Overall Impression:
The building is meticulously well-maintained, featuring quality fittings and finishes, leaving a positive impression.
Valuation:
The market value, is based on a CAP Rate of 8.75%. The monthly income of N$ 128,585, accounting for vacancy and expenses, contributes to an annual net income of N$ 1,280,707.
Contact:
For viewing arrangements or more information, contact Joubert Balt at 081 127 2322. Proof of funds is essential.
Situated in Windhoek CBD area boardering Klein Windhoek, this property boasts a prime position with an area of 1,279 m² in the Municipality of Windhoek, Khomas Region. The land is strategically placed on the edge of the CBD, ensuring excellent access and visibility.
Zoning Details:
- Zoning: Office
- Bulk: 0.4 m² (Actual: 496 m², Permissible: 511 m²)
- Height: 3 floors (Actual and Permissible)
- Coverage: 70% of 1,566 m² (Actual: 25% - 326 m², Permissible: 70% - 895 m²)
- Parking: Required - 19, Provided - 4 basement, 12 net/steel, 8 open
- Building Line: 5-meter street front, 3-meters sides
Comments on Zoning:
While the property currently falls below the allotted bulk and coverage, the existing building's location limits further development. The height conforms to municipal limits. Adequate parking is available.
Description of the Erf and Location:
The land, of average size, is positioned above street level with a gradual slope to the rear. Its favorable location places it close to essential amenities such as Parliament, Schools, Ministry of Home Affairs, American Embassy, and TransNamib. The property is well-maintained, showcasing high-quality fittings and finishes.
Structural Details:
1. Basement (116 m²):
- Two offices and a large document safe
- Another section with a store and four basement parking bays
2. First & Second Floor (494 m²):
- Reception, a large open office, and two toilets
- Three large open offices, two offices with drywall partitioning, and a toilet accessed from outside
- Second floor includes a large boardroom, four offices, and an open office with a toilet
3. Minor Features:
- Paving
- Boundary walls, fencing, retaining walls, and electric fencing
- Parking (11 net, 7 open, 4 basement, 5 steel)
- Balconies and porches
- Air-conditioning and evaporative cooler
- Alarm, beams, etc.
- Entrance gate motor
Overall Impression:
The building is meticulously well-maintained, featuring quality fittings and finishes, leaving a positive impression.
Valuation:
The market value, is based on a CAP Rate of 8.75%. The monthly income of N$ 128,585, accounting for vacancy and expenses, contributes to an annual net income of N$ 1,280,707.
Contact:
For viewing arrangements or more information, contact Joubert Balt at 081 127 2322. Proof of funds is essential.
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
Yes
Sizes
Floor Size
610m²
Land Size
1,279m²
Extras
Above Road; Alarm System; Air Conditioner; Office; Visitors Parking
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