Property Details

An exceptional income-generating investment opportunity in the heart of Nkurenkuru! Ideally located behind the Woermann Brock Shopping Complex, this apartment complex offers convenience, strong rental demand, and excellent long-term investment potential.

Property Features

* 16 modern apartment units

* Each unit offers:

* 2 spacious bedrooms with built-in cupboards

* 1 bathroom with a shower

* Open-plan kitchen and lounge

* Built-in stove

* Well-maintained with renovations completed to enhance the property.

Investment Highlights

* Current rental income: N$4,200 per unit per month (water included)

* Average municipal account: Approximately N$6,800 per month for the entire complex

* Single water meter servicing the complex

* Most units are occupied, with only three currently vacant due to recent renovations. There is strong demand for rental accommodation in the area, and these units are expected to be occupied quickly.

Prime Location

Situated in the centre of Nkurenkuru, directly behind the Woermann Brock Shopping Complex, the property is within walking distance of shops, schools, businesses, and other essential amenities. Nkurenkuru continues to experience steady growth, making this an attractive investment for buyers seeking reliable rental income and future capital appreciation.