MS Real Estate in Zimbabwe

Glen Norah A core house comprises of 2 beds, lounge and a kitchen (not fitted), outside toilet and bath, 3rd additional bed extended on the house but not on plan, walled but not gated. Water and electricity available.

Excellent and neat flat in a secured area with 3 bedrooms, spacious lounge/dining, kitchen, BICs, bathroom and toilet. Own gate, very close to Chadcombe Shopping centre Full title deeds, For viewing call show me

A good incomplete property in a well developed area of Sunway city with tared roads and electricity comprises of 4 bedrooms, Lounge cum dining, ensuite, toilet & bath. Sitting on 2000sqm. Title deeds available. Reduced to go was $55000 now $50 000

Neat 2 bed flat with lounge, kitchen, toilet and bath. For viewing call Admire on show me

A farm with vast potential measuring 80 Hectares. I t has a 3 bedroomed farm house, zesa, borehole, and approximately 6-7 hectares cleared land, very rich red and red-black soils situated approximately 4.5km from ZRP Battlefields along Harare-Bulawayo highway, very good gravel road passes through the farm. Deed of transfer available @USD$ show me negotiable.

The property is 38 000 m2 in extent, and has improvements in the form of an office block, workshops and warehousing space, which is brick and asbestos roofing, and a staff canteen of brick and asbestos roofing. There is a storage shed build of structural steel and open sides, measuring approximately 88 x 16 m, which could be converted to any desired use by closing off all or part of the sides. The property has two underground fuel tanks for diesel and petrol, with capacity of 8 000 l, and 7 000 l respectively. The main building housing the offices, warehousing and workshops space is about 1200 square meters ground floor space, and about 300 square meters second floor space, and is of brick under asbestos. The property has two loading and offloading ramps, and a rail siding just outside the fence boundary. The property is fenced and gated, and the whole surface is fully compacted, as it was previously used as a regional headquarters holding heavy earth moving equipment. The property has title deeds. LOCATION The property is located in Galloway, Norton, in the industrial/commercial area. INVESTMENTS OPTIONS Currently, part of the property is being leased by a plastic utensils manufacturer, but is using approximately 10 % of the space. The property could be put to a number of alternative uses to ensure a good return on asset, either in the present state, or with some improvements. TOBACCO PROCESSING The facility could be used for tobacco processing before the tobacco is exported since it is located within a tobacco farming hum, Mashonaland West province. Besides tobacco processing, some of the space could be converted to a tobacco auction floor, or contract tobacco receiving floors prior to processing, packaging and export. EXPORT VEGETABLES, FLOWERS PACKSHED The facilities lend themselves to easy adaptation to packing sheds that can be used for the sorting and packaging of flowers or vegetables for export. These could be received from contracted farms around the area and processed. WAREHOUSING/PACKAGING Warehousing and packaging facilities could be developed at this location for foodstuffs, beverages or even agricultural production materials such as fertilizers. There have been previous approaches by potential investors who wanted to package agricultural produce such as dried fish, rice and beans for storage and distribution to the markets. The site could be developed as a grains milling factory. MANUFACTURING The facility is suitable for food-stuffs manufacturing or processing, or can be used for industrial manufacturing. The current infrastructure can be used with minor improvements. Alternatively, factory shells can be put up for leasing or use by new owner. The property has been developed in such a manner that the current buildings are in one corner, leaving vacant space which improves options for further developments. TRANSIT LOADING FACILITY The property could be used for truck and rail loading of heavy materials such as chrome and other ores, for rail transportation. The area could be subdivided so that a number of exporters could stock pile mineral produce for export. SCHOOL/COLLEGE DEVELOPMENT Taking account of how the land has been developed, there is an opportunity for the building of a school or college, using the open space which is about 90 % of the land. The current improvements are in on corner of the land, leaving the open space with a lot of development options. The open space could be developed into multi-story educational facilities, and could accommodate upwards of 2 000 students. SHOPPING MALL The empty space could be used to develop a shopping mall as there is no such facility in Norton. This mall could capture clients from the whole of Norton and the surrounding farming community, as well as some Harare suburbs closer to Norton. RECOMMENDATION Given the outlook of the possible buyers, a number of development options are possible to guarantee a suitable return on asset. With the anticipated positive outturn on the economy in the medium term, this property could constitute a strategic anchor in an investor’s portfolio. Full title deeds.$ 700K Negotiable