EXCLUSIVE INDUSTRIAL PROPERTY
Excludes transfer
Valuation in place
Zoning Industrial
The property in question boasts an impressive extent of 14,788m2 and stands out as the sole location in Namibia where bulk Sulphur can be efficiently delivered and stored. With warehouses capable of accommodating up to 50,000 tons of this specialized material, the site has already established itself as a lucrative venture, generating a monthly income of N$425,000.00.
As of 15 February 2024, the current lease agreement is due for renewal, featuring an 8% yearly escalation, resulting in a new monthly amount of N$459,000.00. This not only underscores the property's income-generating potential but also presents an excellent opportunity for prospective investors.
The asking price for this exclusive property is the amount of N$33,500,000.00. If this opportunity aligns with your investment goals, I am more than willing to arrange a viewing at your convenience. However, due to the nature of the materials stored, I must inform you that access to the entire premises may be restricted unless appropriate safety measures are in place.
For serious buyers, we can facilitate the necessary arrangements to ensure a thorough and secure viewing, allowing you to make a well-informed decision. Your safety and satisfaction are our top priorities.
This property offers;
- Warehouse 1 - 3,648m2
- Warehouse 2 - 2,434m2
- Warehouse 3 - 1,824m2
- All three are double volume
- Huge trucking/parking yard
- Entrance/Exit from either side of the premises
- Boundary walls, electric fencing and other security
Total erf 14,788m2
As part of our commitment to a smooth and professional experience, we kindly request verification of financial capability prior to scheduling a viewing. Thank you for your understanding
