?️ The Penuel Townhouse Complex – Prime Investment Property For Sale in Windhoek | N$28,750,000
🏘️ The Penuel Townhouse Complex – Prime Investment Property For Sale in Windhoek | N$28,750,000
Investor Alert! The Penuel Townhouse Complex, a fully operational and secure residential development with 23 townhouses, is now for sale in the highly sought-after Pionierspark Extension 1, Windhoek.
Strategically located near the University of Namibia (UNAM), this high-demand complex offers a stable tenant base, excellent rental returns, and strong long-term growth potential — making it a perfect addition to any investment portfolio.
📍 Property Overview:
Name: The Penuel – Townhouse Complex
Location: Henger Street 16–18, Pionierspark Ext. 1, Windhoek, Namibia
Erf Number: Erf 1919
Erf Size: 3,501 m²
Built Area: 1,380 m²
Total Units: 23
Price: N$28,750,000
Occupancy Status: Fully Occupied
Valuation: N$28,750,000
Security: Access-controlled, gated complex
💼 Why Invest in Penuel?
✅ High Occupancy Rates – Desirable location ensures consistent rental demand
✅ 7.7% Rental Growth (2023–2024) – Stable and increasing returns
✅ Low Maintenance Construction – Quality finishes and durable materials
✅ Excellent Location – Within walking distance to UNAM, shops, and public transport
✅ Diversified Income Stream – 23 separately metered and individually accessible units
🧱 Unit Features (All 23 Units):
🛏️ 2 Spacious Bedrooms
🛁 Full Bathroom (with Bath & Shower)
🍽️ Open-Plan Kitchen, Lounge & Dining Room
🌿 Private Courtyard with Built-in Braai
🚗 1 Covered Parking Bay per unit
Bonus:
🔐 Unit 1 includes a 30 m² Garage with an automated door for added convenience and security.
🔧 Construction & Design:
Single-storey design for ease of access
Plastered & painted brick walls
IBR roofing
Aluminum windows and doors
Ceramic tile flooring throughout
Herculite ceilings
📈 Perfect for:
Property investment groups
Pension funds or trusts
Rental portfolio expansion
Developers seeking high-ROI assets
Long-term income-seeking buyers
📞 Serious investors, request the full rental income breakdown and projected ROI figures today.
Take advantage of this rare opportunity to own a fully-let townhouse complex in one of Windhoek’s most reliable residential rental zones.
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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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