This block of flats is ideally located near the Walvis Bay Harbour, presenting an excellent investment opportunity with a cap rate of 9.5%. The property features a diverse rental portfolio, comprising eight bachelor units and two one-bedroom units, catering to a variety of tenants.
The one-bedroom units include an open-plan kitchen and bathroom, maximizing space and functionality. Situated on an erf measuring 1,250 square meters, the property offers ample parking space and potential for future extensions.
Perfectly positioned in a prime location, this block of flats is an ideal choice for investors seeking steady returns and long-term growth.
