Currently this is the only residential unit left in this street, the other properties have already been developed into hugely successful business properties.
Currently this property is valued (October 2021) at:
As is at N$4 424 000
less betterment fee: N$ 200 000
less demolishing cost: 100 000
EQUALS market value: N$4 1 2 400
It falls in the "Office Policy Area" and can easily be rezoned for offices with bulk of 0.4.
In the current valuation the current buildings and improvements have not been taken into consideration.