Prime Development Opportunity in Windhoek's Thriving CBD
Location: Erf 8048 (Consolidated from Erven 8045, 8046, and 7569), Windhoek. Situated at 7 to 9 Teinert Street, this property occupies a prime position in the south-western wing of Windhoek's Central Business District (Zone C).
Attention Developers!
This exceptional property boasts excellent visibility from one of Windhoek's most significant thoroughfares, Mandume Ndemufayo Avenue. The location is ideal for development, with zoning already approved for office use and an initial bulk factor of 0.4, allowing for a minimum office space of 1,141 square meters to be constructed.
Currently, there is an existing house with outbuildings on the property, offering the flexibility to either demolish or renovate according to your development plans. Consultations with the City of Windhoek's town planning division and a reputable firm of town planners suggest that securing a bulk factor of 1.0 is highly feasible, while a bulk factor of 0.75 is virtually assured.
This is a rare opportunity to develop in a high-demand area of Windhoek with significant potential for growth and visibility. Don't miss out on this chance to create a landmark project in the heart of the city. Contact us today for more details and to schedule a viewing.