USD 2,900,000
Farm/Plot for Sale in Mandara
Harare East, Harare BRER0284Get It Right Today,for The Next 300 Years!
2 separate title deeds.Listing price is VAT inclusive.
Fully Serviced- municipal water points, 3 phase power,culverts and major tarred suburban road access
A blank canvas ripe for an imaginative commercial development. Take a leaf from the old school (Avondale, Borrowdale ,Westgate ) and the new class (Highlands/Hogerty Hill / Lewisam/Pomona) at the cutting edge confluence of lifestyle estates & commercial space.
Create something classic and remarkable to generate cashflows in perpetuity, shore up value and provide convenience by serving this laid-back old money corner at their doorstep in this prestigious Harare East neighbourhood.
Lets have this important conversation today and secure this opportunity.
Some observations ;
Lets take note of some observations and numbers.
Observation 1.
The Avondale commercial centre on the right side of King George exiting Harare CBD measures 9. 2 hectares in extent.
Observation 2.
An entire array of commercial services, ample parking and decent tenants characterise the property.
Observation 3.
The commercial centre is surrounded by a sprinkling of high rise flats,garden flats,cluster complexes and is a thoroughfare for North-West bound traffic heading to Harare West low density suburbs and out to Mash- West via King George out to Nemakonde Way.
Observation 4.
The centre's buildings and configuration is still solid and useful in service.
Observation 5.
An investment in land going back several decades ago has served its PRIVATE OWNERS very well throughout the succeeding generations and continues to be resilient in different economic cycles.
Observation 6.
The traditional commercial high street model is dead (a centralised commercial business district) on the back of e-commerce and remote working. People prefer to live, work and play inside a few kms radius for a harmonious work-life balance and quality of life.
Observation 7.
Proliferation of boutique lifestyle estates and exodus from the CBD. (Paddington Square, Greenfields Mall, Hogerty Hill Centre, Madokero Mall, Pomona Mall, Chiremba Road mall,Ridgeway Drive estates, Churchill Road Estates , Enteprise Road / Harare Drive Mall , Highland Park and others)
Observation 8.
Continuous improvements in the building technology,materials ,energy saving and environment management practices.
Observation 9.
The pension funds and financial institution always buy land, and years in advance, to preserve value, to develop and generate cashflows in perpetuity and to bolster balance sheet for financial leverage and tax breaks,etc.
General Features
External Features
Internal Features
USD 2,900,000
BRER0284Farm/Plot for Sale in Mandara
Harare East, Harare
Get It Right Today,for The Next 300 Years!
2 separate title deeds.
Listing price is VAT inclusive.
Fully Serviced- municipal water points, 3 phase power,culverts and major tarred suburban road access
A blank canvas ripe for an imaginative commercial development. Take a leaf from the old school (Avondale, Borrowdale ,Westgate ) and the new class (Highlands/Hogerty Hill / Lewisam/Pomona) at the cutting edge confluence of lifestyle estates & commercial space.
Create something classic and remarkable to generate cashflows in perpetuity, shore up value and provide convenience by serving this laid-back old money corner at their doorstep in this prestigious Harare East neighbourhood.
Lets have this important conversation today and secure this opportunity.
Some observations ;
Lets take note of some observations and numbers.
Observation 1.
The Avondale commercial centre on the right side of King George exiting Harare CBD measures 9. 2 hectares in extent.
Observation 2.
An entire array of commercial services, ample parking and decent tenants characterise the property.
Observation 3.
The commercial centre is surrounded by a sprinkling of high rise flats,garden flats,cluster complexes and is a thoroughfare for North-West bound traffic heading to Harare West low density suburbs and out to Mash- West via King George out to Nemakonde Way.
Observation 4.
The centre's buildings and configuration is still solid and useful in service.
Observation 5.
An investment in land going back several decades ago has served its PRIVATE OWNERS very well throughout the succeeding generations and continues to be resilient in different economic cycles.
Observation 6.
The traditional commercial high street model is dead (a centralised commercial business district) on the back of e-commerce and remote working. People prefer to live, work and play inside a few kms radius for a harmonious work-life balance and quality of life.
Observation 7.
Proliferation of boutique lifestyle estates and exodus from the CBD. (Paddington Square, Greenfields Mall, Hogerty Hill Centre, Madokero Mall, Pomona Mall, Chiremba Road mall,Ridgeway Drive estates, Churchill Road Estates , Enteprise Road / Harare Drive Mall , Highland Park and others)
Observation 8.
Continuous improvements in the building technology,materials ,energy saving and environment management practices.
Observation 9.
The pension funds and financial institution always buy land, and years in advance, to preserve value, to develop and generate cashflows in perpetuity and to bolster balance sheet for financial leverage and tax breaks,etc.