This isn’t your typical 2-bedroom apartment. It’s one of the largest units in the complex — and it’s priced N$150,000 below the indicative valuation.
What You’re Getting:
∙2 well-sized bedrooms (larger than standard units in the complex)
∙1 bathroom
∙Ground floor (no stairs, easy access)
∙Practical layout for comfortable living
∙Prepaid electricity (control your costs)
∙Well-maintained complex with low monthly levies
Location:
Omarunga Court. Close to amenities. Easy access to daily essentials.
The Numbers That Matter:
For Owner-Occupiers:
∙Price: N$750,000 (transfer costs included)
∙Indicative Valuation: ~N$900,000
∙Instant Equity: N$150,000 from day one
You’re buying at a price most buyers won’t see again in this complex.
For Investors:
∙Purchase Price: N$750,000
∙Estimated Rental Income: N$6,000/month
∙Gross Annual Yield: ~9.6%
∙Low Monthly Levies: More cash flow in your pocket
At N$6,000/month rental income, you’re looking at strong returns in a well-maintained complex.
Why This Unit Stands Out:
1. Size Matters. This is one of the larger 2-bedroom units in Omarunga Court. Most 2-beds in complexes feel cramped. This one doesn’t.
2. Ground Floor = Practical Living No stairs. Easy access. Perfect for families with young kids, professionals hauling groceries, or anyone who values convenience.
3. The Valuation Gap Indicative valuation: ~N$900,000. Asking price: N$750,000. That’s N$150,000 of instant equity before you even move in.
4. Prepaid ElectricityControl your monthly costs. No surprise bills. Budget with confidence.
5. Low Levies, Well-Maintained ComplexYou’re not bleeding money every month on levies. The complex is managed properly — no deferred maintenance surprises.
Who This Is For:
First-Time Buyers: Stop renting. At N$750,000 (transfer costs included), your bond repayment is likely similar to what you’re paying in rent — except you’re building equity, not paying a landlord.
Investors:N$6,000/month rental income. Low levies. ~9.6% gross yield. Ground-floor units are easier to rent (accessibility appeal). This is a cash-flow property, not a speculative gamble.
Families: Ground floor = no carrying toddlers up stairs. Spacious layout = room to breathe. Low levies = more money for what matters.
Why The Price Is N$750,000:
The seller has priced this for a serious buyer who’s ready to move. The N$150,000 gap between asking price and indicative valuation isn’t a mistake — it’s motivation.
This is the kind of opportunity that doesn’t show up often:
∙Larger unit in the complex
∙Ground floor convenience
∙N$150K below valuation
∙Strong rental income potential
Next Step: This property is for serious, pre-qualified buyers ready to act.
Contact Lynda to arrange your private viewing.📞 081 859 3233
