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$30,000
Chitungwiza, Mashonaland East
8
2
250 m²
400 m²
In the bustling community of Unit L, Chitungwiza, lies a property that stands out not only for its spacious layout and modern finishes but also for its immense potential as a lucrative investment. This house, currently on the market, offers a unique combination of functionality, comfort, and financial promise, making it an ideal choice for investors, large families, or anyone seeking a reliable income-generating asset. With an estimated payback period of just 6.5 years, this property is a cash cow waiting to be harnessed.

Property Overview
Located in the high-density area of Unit L, Chitungwiza, this property is strategically positioned to cater to the growing demand for affordable housing and rental accommodations. The house is fully boundary-walled, ensuring privacy and security, and is equipped with essential utilities, including a ZESA connection and a functional water well.

Features and Layout
The property boasts eight bedrooms, two bathrooms, a lounge, and a verandah, making it suitable for large families or multi-tenant rentals. The lounge features ceramic floor tiles and a gypsum ceiling, while the verandah is tiled with IBR roofing. The bedrooms offer a mix of finishes, with some featuring ceramic tiles and others cement floors and gyproc rhinoboard ceilings. The bathrooms are functional, with one featuring a WC and cement floors and the other including a WC and shower. The IBR roofing ensures durability, while the water well provides a reliable water source, reducing dependency on municipal supplies.

Why Invest in This Property?
There are several reasons why this property stands out as a prime investment opportunity. Firstly, Chitungwiza is a high-demand area with a growing population and increasing need for affordable housing. Secondly, the property’s spacious layout and functional design make it versatile, allowing it to be used as a family home, boarding house, or even a small guesthouse. Thirdly, the existing infrastructure, including the water well and ZESA connection, ensures that the property is self-sufficient and minimizes operational costs.

Amenities

Good ZESA
Gravel Roads
Verandah
Walled

Neighborhood

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Listing ref: PLZP213523

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