Description
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.
Overview
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ID 12547
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Type Commercial Property, Offices
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Bathrooms 4
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Size 496 m2
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Land Size 1,279
Address
Open on Google Maps-
Address 30 Schanzen Street
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Country Namibia
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Province/State Khomas
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City/Town Windhoek
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Neighborhood Windhoek Central / CBD
Details
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Property ID 12547
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Price NAD 14,660,000
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Property Type Commercial Property, Offices
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Property Status For Sale
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Property Label #Like it - #Share it , Exclusive Sole Mandate
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Rooms 12
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Bathrooms 4
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Size 496 m2
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Land area 1,279
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