Investor Opportunity: 2-Bedroom Garden Flat, Newlands, Harare
A turnkey investment property in the prime suburb of Newlands, offering immediate and reliable rental income.
This well-kept 2-bedroom, 1-bathroom garden flat is currently tenanted, with a stable tenant in place paying US$700 per month and happy to remain. This delivers an annual rental income of US$8,400, translating to an approximate gross rental yield of 7. 6%. This provides an instant income stream with no vacancy risk, making it an ideal buy-to-let opportunity.
The flat is located in a secure, well-managed complex and features a functional layout, private garden space, and low-maintenance living - All key factors for consistent tenant demand. Its position in Newlands ensures strong rental appeal and long-term capital growth.
Investment Highlights:
- Asking price: US$110,000
- Rental income: US$700 per month (Excluding levy of $50 per month)
- Tenant in place (Happy to stay)
- High-demand Newlands location
- Low-maintenance garden flat
- Strong rental yield and capital appreciation potential
This is a plug-and-play investment in one of Harares most desirable suburbs - Ideal for investors seeking steady returns and minimal management.