FEATURED
Web Ref CL8142
Prime Commercial Building – Windhoek CBD | Independence Avenue
Prime Commercial Building – Windhoek CBD | Independence Avenue
Property Overview
An exceptional commercial investment opportunity located in the heart of Windhoek’s Central Business District (CBD). This ten-storey A-grade office building offers unmatched visibility and accessibility along Independence Avenue, one of Namibia’s most prestigious and busiest commercial corridors.
Key Property Details
• Zoning: Business 1
• Use: Offices / Retail
• Extent: ±1,269 m²
• Bulk Factor: 4.0
• Coverage: 82% (Permissible 85%)
• Height: 10 Storeys
• Parking: 55 Basement Bays
• Municipal Services: Fully serviced (electricity, water, sewerage, stormwater, tarred access).
Description of Improvements
This modern ten-storey commercial building features:
• Ground Floor (749m² GLA): Retail banking hall, ATM lobby, lift foyer, kitchen, restrooms, and storage areas.
• Floors 1–7 (2,928m² GLA): A-grade office accommodation including reception areas, open-plan offices, boardrooms, meeting rooms, kitchenettes, and entertainment areas.
• Basement (2 levels, 2,070 m²): Secure parking for 55 vehicles, strong room, and additional storage facilities.
Building Features
• Air-conditioning throughout
• Two passenger lifts
• Modern fire detection and alarm systems
• Access control and CCTV
• Backup power provision
• Good quality plastered and painted finishes with aluminium fenestration
• Suspended ceilings and tiled floors
Market Position
Located within Windhoek’s prime CBD corridor, this property enjoys:
• Proximity to Wernhil Park, Mutual Tower, Nampost, and Gustav Voigts Centre
• High foot traffic and strong visibility from Independence Avenue
• Stable demand for office and retail space within the CBD
• A recovering market with gross rentals averaging N$190–N$200/m² for A-grade offices
Investment Summary
• Market Value: N$71,700,000
• Net Rental: ±N$155/m²
• Cap Rate: 9.0%
• Condition: Excellent – modern, secure, and well-maintained
• Highest and Best Use: Office / Corporate Headquarters
________________________________________
Contact: Joubert Balt at 081 127 2322 for more information.
Proof of Funds required prior to viewing
Property Overview
An exceptional commercial investment opportunity located in the heart of Windhoek’s Central Business District (CBD). This ten-storey A-grade office building offers unmatched visibility and accessibility along Independence Avenue, one of Namibia’s most prestigious and busiest commercial corridors.
Key Property Details
• Zoning: Business 1
• Use: Offices / Retail
• Extent: ±1,269 m²
• Bulk Factor: 4.0
• Coverage: 82% (Permissible 85%)
• Height: 10 Storeys
• Parking: 55 Basement Bays
• Municipal Services: Fully serviced (electricity, water, sewerage, stormwater, tarred access).
Description of Improvements
This modern ten-storey commercial building features:
• Ground Floor (749m² GLA): Retail banking hall, ATM lobby, lift foyer, kitchen, restrooms, and storage areas.
• Floors 1–7 (2,928m² GLA): A-grade office accommodation including reception areas, open-plan offices, boardrooms, meeting rooms, kitchenettes, and entertainment areas.
• Basement (2 levels, 2,070 m²): Secure parking for 55 vehicles, strong room, and additional storage facilities.
Building Features
• Air-conditioning throughout
• Two passenger lifts
• Modern fire detection and alarm systems
• Access control and CCTV
• Backup power provision
• Good quality plastered and painted finishes with aluminium fenestration
• Suspended ceilings and tiled floors
Market Position
Located within Windhoek’s prime CBD corridor, this property enjoys:
• Proximity to Wernhil Park, Mutual Tower, Nampost, and Gustav Voigts Centre
• High foot traffic and strong visibility from Independence Avenue
• Stable demand for office and retail space within the CBD
• A recovering market with gross rentals averaging N$190–N$200/m² for A-grade offices
Investment Summary
• Market Value: N$71,700,000
• Net Rental: ±N$155/m²
• Cap Rate: 9.0%
• Condition: Excellent – modern, secure, and well-maintained
• Highest and Best Use: Office / Corporate Headquarters
________________________________________
Contact: Joubert Balt at 081 127 2322 for more information.
Proof of Funds required prior to viewing
Features
Zoning
Commercial
Title
Freehold
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
3,682m²
Land Size
1,269m²
STREET MAP
STREET VIEW
