? Entire Engedi Complex for Sale – Prime Investment Property in Pionierspark, Windhoek | N$59,400,000
🏢 Entire Engedi Complex for Sale – Prime Investment Property in Pionierspark, Windhoek | N$59,400,000
Rare Opportunity for Savvy Investors! The entire Engedi Residential Complex, located in the heart of Pionierspark, Windhoek, is now available for purchase. With 44 fully-let units, high rental demand, and a proven track record of rental growth, this is a standout asset in Namibia’s real estate market.
Whether you're an institutional investor, private fund, or developer, this fully operational, income-generating complex offers both immediate returns and long-term capital appreciation.
🏘️ About Engedi Complex
📍 Location: Shepmann Street 1, Pionierspark, Windhoek
🧾 Erf Number: ERF 1954
📏 Erf Size: 4,734 m²
🏠 Built Area: 2,711 m²
💰 Price: N$59,400,000
💼 Occupancy Status: Fully Occupied
🔐 Security: Gated access-controlled complex
💼 Investor Highlights:
✅ 44 Residential Units across two phases
✅ 9.5% Rental Growth (2023–2024)
✅ High Rental Demand – Directly adjacent to the University of Namibia (UNAM)
✅ Diversified Unit Mix – Townhouses and apartments for broader tenant appeal
✅ Secure, Fully Managed Complex
✅ Strong Capital Growth in Pionierspark – One of Windhoek’s most in-demand suburbs
🧱 Phase 1 – Townhouses (22 Units)
All townhouses include:
🛏️ 2 Bedrooms
🛁 Full Bathroom (Bath & Shower)
🍽️ Open-plan Kitchen, Lounge & Dining
🌿 Private Courtyard with Built-in Braai
🚗 2 Covered Parking Bays
Sizes:
4 Units – 65 m²
18 Units – 59 m²
🧱 Phase 2 – Apartments (22 Units)
Features:
🛏️ 1 & 2 Bedroom Options
🛁 Full Bathroom (Bath & Shower)
🍽️ Open-plan Living & Kitchen
🌿 Private Courtyard with Braai
🚗 1 Covered Parking Bay per unit
Unit Sizes:
6 Units – 57 m² (2 bedrooms)
14 Units – 65 m² (2 bedrooms)
2 Units – 51 m² (2 bedrooms)
1 Unit – 35 m² (1 bedroom)
📈 Perfect for:
Real estate investment trusts (REITs)
Private equity property funds
Pension and retirement portfolio diversification
Developers seeking immediate cash flow and future redevelopment options
Buy-and-hold investors focused on high-yield residential assets
📞 Serious investors, schedule a private viewing or request a detailed rental income statement today. Don’t miss this rare opportunity to own a high-performing residential asset in Windhoek.
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Your details will be treated with the utmost confidentiality! They will only be used internally for the purpose of contacting for customer service and sending our monthly newsletter. The details will definitely not be handed to third parties.
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