Ref # 2551411
Property Type
Lodge

Exclusive Opportunity to Acquire Ngandu Hotel

A Profitable Investment — Just for N$ 28 Million - Far Below Valuation !

Grab this exceptional investment opportunity — and become the new owner(s) of Ngandu Hotel, located in Rundu, Kavango East, Namibia. Wrapped in the breath-taking leafy serenity within a short walking distance to the exquisite Kavango river, this is the largest and most amazingly established hotel in the region, with over 27 years of successful operation.

✨️PROPERTY OVERVIEW

Location: Erf 1652, Sarasungu Road, Rundu, Kavango East, Namibia

Land Size: 37,910 m2

Operating duration: 27 years

✨️VALUATIONS & ASKING PRICE

🏷🏷Market Valuation: N$ 32,800,000

🏷🔖Insurance Valuation: N$ 44,990,000

🔖🔖Asking Price: N$ 28,000,000

✨️✨️ACCOMMODATION & FACILITIES

✨️Accommodation:

■41 hotel rooms (single, twin, and double configurations)

■ 7 houses (staff and owner residences, bachelor flats)

■12 campsites (each with covered area, braai, and ablution facilities) Conference & Events:

■ 4 conference halls (capacities ranging from 20 to 120 delegates)

■ Ideal for government and corporate conferences — the primary revenue driver in the Kavango East region Food & Beverage:

■ Full-service restaurant (breakfast to late evening, indoor and outdoor seating)

■2 bars: Kavango Bar (pool table, swimming pool) and Village Bar (4 dart boards, pool table, splash pool)

■ Well-equipped commercial kitchen

oom Amenities:

■ Wi-Fi, DSTV, mini fridge, coffee and tea station, air conditioning Additional Facilities:

■Volleyball court, reception and back office, laundry room

■ Multiple storage rooms, warehouse, garden equipment storage

■Ablution blocks for campsites

✨️INCLUSIONS (IN SALE PRICE)

■2 vehicles

■Solar power system: 85,000 W solar panels, 100KVA three-phase inverter, 305KWH Lithium Blue batteries — valued at N$

3,024,123 (installed mid-2022)

■ 60KVA backup generator

■ Borehole water supply (tested A-grade drinking water by Anticor)

■Gas geysers throughout

■ 8 CCTV security cameras, security office, and 2-way entrance gate

■3 fish ponds

✨️KEY INVESTMENT HIGHLIGHTS

1. Below-Market Pricing — Offered at N$ 27 million against a market valuation of N$ 32.8 million and insurance valuation of N$ 45 million. The solar system alone is worth N$ 3 million.

2. Low Operating Costs — Borehole water (free, A-grade), solar power reducing electricity from ~N$ 90,000/month to ~N$ 15,000– 19,000/month, and stable payroll at ~N$ 100,000/month.

3. Diverse Revenue Streams — Hotel rooms, camping, conferencing, food and beverage, and entertainment all contribute to income.

4. Strong Market Position — Largest hotel in Rundu and the Kavango East region. Trusted choice for government and semigovernment conferences, which remain the region’s most reliable revenue stream.

5. Growing Tourism Market — Namibia recorded 558,333 international arrivals in 2024 (+18.4% year-on-year). Tourism contributes

6.9% to GDP. The 2025 forecast projects N$ 4.6 billion in tourism revenue with 5.5% sectoral growth.

6. Strategic Location — Situated on a scenic escarpment overlooking the Kavango River, near the gateway to the KAZA Transfrontier Conservation Area (520,000 km2). Close to Mbunza Living Museum and Okavango River activities.

✨️FUTURE DEVELOPMENT POTENTIAL

Ngandu Estates — 58 Townhouse Units:

Plans are currently being drafted for the development of 58 townhouse units under the Ngandu Estates banner. Once completed, these will be leased as long-term rentals, creating a stable monthly revenue stream estimated at ~N$ 400,000/month. Rental demand in Rundu is exceptionally strong.

✨️Casino Licence Eligibility:

The property currently qualifies for a casino licence. Once approved, this would significantly increase hospitality revenue and differentiate the property from any competitor in the region.

These developments position Ngandu Hotel as a multi-income property combining accommodation, leisure, conferencing, and residential leasing.

✨️REASON FOR SALE

After 27 years of successful operation, it is the right time to pass this thriving business to new ownership that can continue its legacy and unlock its full potential.

✨️TAX ADVANTAGES FOR BUYERS

  • No capital gains tax on property sales in Namibia
  • No inheritance tax, estate duty, or wealth tax
  • No donation tax
  • Foreign nationals permitted to buy commercial property
  • Favourable transfer duty rate

📌📌Listing Agent Ndeshi of TNT Properties CC

☎️☎️Contact number: 081 6817260

Email address: ndeshipewa1995@gmail.com

Book your private viewing today!!

Ndeshipewa Kapala photo
Ndeshipewa Kapala
081 681 7260
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