INCOME TODAY. DEVELOPMENT TOMORROW.
INVESTMENT OPPORTUNITY | WALVIS BAY
N$4 200 000

This is more than a property—it's an investment positioned in one of Walvis Bay's strongest economic corridors.
Situated on a 1,296 m² erf, just minutes from Namport, the harbour and the industrial area, this property already generates multiple accommodation opportunities while offering exciting future development potential.
Existing Improvements
✔️ 2-Bedroom House
✔️ 2-Bedroom Flat
✔️ Bachelor Flat
✔️ Additional 2-Bedroom Unit
✔️ 3 Outside Rooms with Bathroom Facilities
✔️ Double Garage

The Real Opportunity
The property is zoned General Residential 1 (GR1), allowing for exciting redevelopment possibilities.

Primary Uses include:
🏢 Block of Flats
🏘️ Duplex Flats
🏡 Residential Buildings
🏠 Dwelling Units
🏡 Subsidiary Dwelling Units

Development Parameters
✔️ Up to 3 Storeys
✔️ 70% Coverage
✔️ Density: 1 dwelling per 150 m²
✔️ Bulk Factor: 2.0

Whether you continue generating rental income, redevelop into apartments, or create workforce accommodation for the harbour and industrial sectors, this property offers flexibility, location and long-term upside.
Income now. Development potential for the future.

📍 Walvis Bay
Black Tern Coastal Realtors
Robert 081 719 9338
Hesta 081 833 3401
Black Tern Coastal Realtors Hesta Herbst