An exceptional income-generating residential investment opportunity situated in the rapidly developing and highly sought-after Queenspark area of Rundu, overlooking the scenic Okavango River. This well-positioned property offers excellent rental income potential and long-term capital growth, making it ideal for investors seeking stable returns in a high-demand residential market.
The property consists of two identical single-storey residential blocks comprising a total of 8 semi-detached 2-bedroom flats. Each unit features:
* 2 Bedrooms with built-in cupboards
* Main bedroom with en-suite bathroom
* Open-plan lounge and dining area
* Modern fitted kitchen with built-in cupboards
* Shower, wash hand basin & WC
* Ceramic tiled flooring throughout
* Air-conditioning systems in selected units
* Burglar-proofed windows for added security
The improvements are constructed with face brick walls under pitched IBR roofing, providing low-maintenance durability and an attractive modern appearance.
PROPERTY FEATURES
* Erf Size: ±4,705m2 (planned land size)
* 8 x Income-generating residential units
* Boundary wall enclosure
* Interlock paved areas
* Carports for 6 vehicles
* Scenic riverfront surroundings
* Excellent rental demand location
* Approximately 2km from Rundu Beach and nearby amenities
The property is currently fully tenanted and generates a high monthly rental income, presenting a ready-made investment with immediate cash flow potential. The Queenspark area continues to experience strong residential demand due to its proximity to schools, offices, government institutions, and recreational amenities.
This is a rare opportunity to acquire a multi-unit residential investment property in one of Rundu’s most promising growth nodes.
