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$85,000
Chegutu, Mashonaland West
5
2
1,100 m²
1,100 m²
An excellent investment opportunity is available in Chegutu, offering a medium-density house situated on a spacious 1,100 sqm corner stand. The property is well-secured with a durawall and gated entrance and comes equipped with a borehole and a 5,000-liter water tank, ensuring a reliable water supply. A back-up solar system provides added energy security. The property is currently tenanted by a school operating under a 5-year lease agreement, with three years remaining. It generates a solid rental income of $3,600 every four months ($900/month), making it an attractive option for long-term investors. Priced at $85,000, this property also offers potential for future redevelopment in a strategic location with strong growth prospects

Amenities

Borehole
Good ZESA
Internet Connection
Main En Suite
Municipal Water
Sewer System
Parking bay
Split Level
Tiled
Verandah
Walled
Water Tank
Gravel Roads

Neighborhood

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Listing ref: LEG221940