Avenues - Commercial Property
$895,000
Ref.: PGP223062
Serious Sellers Are Inviting Market Related Offers!
CBD Investment Opportunity Block of 12 Flats with Immediate Income
Opportunities like this dont come up often in Harares CBD and serious investors know why.
Positioned on Central Avenue, just off Samora Machel, this block of 12 units offers immediate income with upside potential in one of the citys most active commercial zones.
The Investment Case
12 self-contained 2-bedroom units (currently configured for commercial use)
Consistent rental income with stable tenants already in place
High-demand CBD location ensuring strong occupancy
Recently upgraded no major short-term capital outlay required
Walking distance to banks, government offices, and major transport routes
Strong tenant demand driven by central positioning
Flexible use: continue as offices or reposition for residential/short-term letting (subject to approvals)
Solid structure in a tightly held CBD block market
Value-Add Potential
This is where the opportunity becomes compelling:
Rental reversion potential (if current leases are below market)
Option to modernise units and increase yields
Long-term capital appreciation in a prime commercial node
Price: US$895,000 (Excl. VAT)
Well-priced blocks in this location are limited and rarely trade publicly.
______________________________________
| Property Size in m2 | 862 m² |
|---|---|
| Fitted Kitchen | Yes |
| Carport | Yes |
| Main Road Frontage | Yes |
|---|---|
| Parking bay | Yes |
Pam Golding Properties
Member Since: Dec 2015
Number of Active Ads: 587




















