The Quarter
Windhoek, Khomas
N$48,000,000
Mixed-use retail, office and residential building in a high-visibility Windhoek node with diversified tenant income.
A modern mixed-use asset combining ground-floor retail, upper-level offices and residential apartments, producing diversified rental income across three tenant classes.
Suited to an investor seeking scale, lease-based income and long-term urban capital growth rather than hospitality trading exposure.
Highlights
- Diversified tenant mix across retail, office and residential
- High-visibility corner position
- Basement and on-grade parking
- Escalation-based leases in place
Key facts
- Asking price
- N$48,000,000
- Property type
- Mixed-Use Commercial
- Investment type
- Commercial Income
- Development status
- Completed
- Building size
- 4200 m²
- Land size
- 3,100 m²
- Reference
- WA-318
ROI & capital growth snapshot
What this opportunity could return.
These are projections based on the base-case assumptions recorded for this listing — not a forecast and not a guarantee. Every input can be changed in the calculator below.
Projected net yield
2.8%
Net income ÷ asking price
Projected net income (year 1)
N$1.33m
After operating costs
Projected cash-on-cash ROI
-20.3%
On N$14.66m cash invested
Projected 5-year total return
36%
Income plus capital growth
| Holding period | Projected value | Projected capital gain | Growth assumption |
|---|---|---|---|
| 3 years | N$58.80m | N$10.80m | 7.0% p.a. |
| 5 years | N$67.32m | N$19.32m | 7.0% p.a. |
| 10 years | N$94.42m | N$46.42m | 7.0% p.a. |
Capital growth is an editable assumption held against this listing, not a market forecast.
Investment at a glance
The numbers behind the opportunity.
All figures below are projected and update live as you change the assumptions.
Purchase price
N$48,000,000
Asking price / adjustable
Projected annual revenue
N$5,040,000
Projected
Projected net operating income
N$1,327,200
Projected
Projected net yield
2.8%
NOI ÷ price
Projected occupancy
92%
Projected
Assumed capital growth
7.0%
Assumption, not a forecast
Projected 5-year value
N$67,322,483
Projected
Projected cash-on-cash
-20.3%
With financing
Interactive calculator
Adjust the assumptions.
Investment period
Revenue & net income
How the income is built up.
Financing
Cash flow after debt service.
Loan amount
N$33,600,000
30% deposit
Monthly repayment
N$358,320
11.5% over 20 years
Annual debt service
N$4,299,844
Monthly cash flow
N$-247,720
Annual cash flow
N$-2,972,644
Cash-on-cash return
-20.3%
On N$14.66m total cash in
Total initial investor cash includes deposit N$14.40m, transfer & acquisition costs N$85k and furniture / setup N$180k.
Capital growth potential
Compound value over time.
Current value
N$48.00m
Year 1
N$51.36m
Year 3
N$58.80m
Year 5
N$67.32m
Year 10
N$94.42m
Capital growth of 7.0% per annum is an assumption and is not guaranteed.
Total investment return
Operating income + capital growth.
Exit calculator
What could my investment look like at exit?
Projected property value
N$67.32m
Less outstanding loan
N$30.67m
Less selling costs (4%)
N$2.69m
Projected equity at exit
N$33.96m
Cumulative operating cash flow
N$-14.02m
Total cash invested
N$14.66m
Projected total investor value
N$19.94m
Projected total return
36%
Projected profit N$5.27m
10-year projection
Year by year.
| Year | Property value | ADR | Occ. | Gross revenue | Operating cost | Net income | Debt service | Net cash flow | Loan balance | Investor equity |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | N$51.36m | — | — | N$5.04m | N$3.71m | N$1.33m | N$4.30m | N$-2.97m | N$33.14m | N$18.22m |
| 2 | N$54.96m | — | — | N$5.34m | N$3.94m | N$1.41m | N$4.30m | N$-2.89m | N$32.63m | N$22.33m |
| 3 | N$58.80m | — | — | N$5.66m | N$4.17m | N$1.49m | N$4.30m | N$-2.81m | N$32.05m | N$26.75m |
| 4 | N$62.92m | — | — | N$6.00m | N$4.42m | N$1.58m | N$4.30m | N$-2.72m | N$31.40m | N$31.52m |
| 5 | N$67.32m | — | — | N$6.36m | N$4.69m | N$1.68m | N$4.30m | N$-2.62m | N$30.67m | N$36.65m |
| 6 | N$72.04m | — | — | N$6.74m | N$4.97m | N$1.78m | N$4.30m | N$-2.52m | N$29.86m | N$42.18m |
| 7 | N$77.08m | — | — | N$7.15m | N$5.27m | N$1.88m | N$4.30m | N$-2.42m | N$28.95m | N$48.13m |
| 8 | N$82.47m | — | — | N$7.58m | N$5.58m | N$2.00m | N$4.30m | N$-2.30m | N$27.92m | N$54.55m |
| 9 | N$88.25m | — | — | N$8.03m | N$5.92m | N$2.12m | N$4.30m | N$-2.18m | N$26.77m | N$61.47m |
| 10 | N$94.42m | — | — | N$8.51m | N$6.27m | N$2.24m | N$4.30m | N$-2.06m | N$25.49m | N$68.94m |
Revenue vs net income
Investor equity & cumulative cash flow
The report is generated from the assumptions currently set above.
Investment projections are illustrative estimates based on the assumptions displayed and are provided for informational purposes only. Actual occupancy, rental income, expenses, financing costs, property values and investment returns may differ. Historical performance, where provided, does not guarantee future performance. Investors should obtain independent financial, legal, tax and property advice before making an investment decision.
Operating model
How this asset earns.
- Asset type
- Mixed-Use Commercial
- Investment focus
- Commercial Income
- Current status
- Completed
- Income basis
- Lease / contracted income
- Management assumption
- 6% of revenue
- Operating cost assumption
- 26% of revenue
Risks & considerations
What we verify together.
- Trading records, bookings and cost history reviewed against the assumptions used above.
- Seasonality: Namibian coastal and safari demand varies considerably through the year.
- Financing terms, deposit requirements and interest rate movement for non-resident buyers.
- Condition, compliance, zoning and municipal approvals relevant to the asset.
- Staffing, management continuity and owner involvement after transfer.
- Currency and exit considerations if you invest from outside Namibia.
This is not financial or legal advice. Independent verification through your own advisers is recommended before any commitment.
Location
Windhoek, Khomas
Detailed location notes — access, surrounding demand drivers and exact positioning — are shared in the investment pack for this listing.
Request location details
Next step
Request the full investment pack.
The investment pack includes property information, photography, trading or projected financials, the assumptions behind the modelling, financing scenarios, occupancy scenarios, capital growth scenarios and exit projections — prepared against this specific opportunity (WA-318).
Prefer to talk? WhatsApp +264 81 128 8681 or email wilko@buddy.na.