π° ASKING PRICE: N$28 MILLION
Market Valuation: N$32.8 Million
Insurance Valuation: Approx. N$44.99 Million
An exceptional opportunity to acquire one of Runduβs most established hospitality properties β operating successfully for more than 27 years.
Situated on 37,910 m2 along Sarasungu Road in Rundu, Ngandu Hotel offers an established hospitality business with multiple existing and future income streams.
π¨ PROPERTY INCLUDES:
βοΈ MAJOR SOLAR POWER INVESTMENT
The property is equipped with an extensive solar energy system comprising approximately:
Solar infrastructure alone was installed at a cost exceeding N$3 million, significantly reducing monthly electricity expenses.
π MULTIPLE REVENUE STREAMS
Ngandu Hotel generates income through:
β Hotel accommodation
β Conferences and corporate events
β Camping
β Restaurant operations
β Bars and entertainment
β Residential accommodation
Government and corporate conferences form an important part of the existing business.
ποΈ EXCITING DEVELOPMENT POTENTIAL
Plans are being developed for Ngandu Estates β 58 townhouse units, creating the potential for a substantial additional long-term rental income stream.
The property also offers further hospitality, entertainment and commercial development potential for an investor with the vision to expand the existing operation.
π STRATEGIC LOCATION
Located in Rundu, Kavango East β within Namibiaβs growing northeastern tourism corridor and close to the Kavango River and access routes toward the wider Kavango-Zambezi tourism region.
After more than 27 years of operation, the owners are ready to hand this established business and property to new ownership.
π SERIOUS INVESTORS & QUALIFIED BUYERS ONLY
Private viewings and further investment information available on request.
π Listing Agent:
Tupavali Nghaamwa
TNT Properties CC
βοΈ 081 382 0277
π§ tupavali@tntpropertiescc.com
OWN AN ESTABLISHED HOTEL. EXPAND THE VISION. BUILD THE NEXT CHAPTER OF NGANDU.
π² Contact the listing agent today to arrange a confidential private viewing.