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Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
Income-Producing Asset On One Acre - Arundel, Mt Pleasant With Deed
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$1,000,000
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Location Mount Pleasant, Harare North, Harare
Bedrooms 8
An exceptional opportunity to acquire a substantial one-acre investment property in Arundel, Mt Pleasant, strategically positioned close to the University of Zimbabwe and already operating as student accommodation.

Set on approximately 4,000m², the property combines an established income-generating use with generous land, substantial accommodation and infrastructure that gives an investor considerable scope to retain, improve or further optimise the asset.

The main residence provides eight bedrooms, multiple lounges and two fitted kitchens, creating a practical layout for high-occupancy accommodation. Additional lifestyle and communal facilities include a gym, bar area, water feature and swimming pool. The swimming pool is currently not operational, with a pump available for installation.

Supporting accommodation includes separate three-bedroom staff quarters, while carport parking provides additional convenience for occupants.

Operational resilience is strengthened by a prolific borehole and a 10kVA solar system — important infrastructure for a property currently accommodating multiple residents.

Its established use as University of Zimbabwe student accommodation gives an incoming investor the advantage of acquiring a property with an existing income model rather than starting from a vacant asset.

Beyond its current operation, the combination of a sought-after Mt Pleasant address, approximately one acre of land and substantial existing improvements presents further potential for repositioning, upgrading or redevelopment, subject to the necessary approvals.

For an investor seeking scale, location, existing occupation and long-term property value in one acquisition, this is a compelling Mt Pleasant opportunity.

Property Details

Location: Arundel, Mt Pleasant
Land Size: 4,000m²
Asking Price: US$
Ownership: Title Deed
Bedrooms: 8
Existing Use: University of Zimbabwe student accommodation
Additional Accommodation: 3-bedroom staff quarters
Facilities: Multiple lounges, two fitted kitchens, gym, bar area, water feature and swimming pool
Parking: Carport
Water: Prolific borehole
Power: 10kVA solar system
Swimming Pool: Currently non-operational; pump available for installation

Contact Osward & Tatenda, Avondale Branch, to arrange a private viewing.

Amenities

Borehole
Borehole
Swimming Pool
Swimming Pool
Access Control
Access Control
Burglar Alarm
Burglar Alarm
Electric Fence
Electric Fence
Electric Gate
Electric Gate
Entertainment Area
Entertainment Area
Fireplace
Fireplace
Fitted Kitchen
Fitted Kitchen
Flatlet/Cottage
Flatlet/Cottage
Garage
Garage
Garden
Garden
Good ZESA
Good ZESA
Main En Suite
Main En Suite
Municipal Water
Municipal Water
Paved
Paved
Sewer System
Sewer System
Solar System
Solar System
Study/Office
Study/Office
Tiled
Tiled
Verandah
Verandah
Walled
Walled
Water Tank
Water Tank
Wheelchair Accessibility
Wheelchair Accessibility

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Average price by bedroom

Average price of properties in Mount Pleasant
Type
Price
3 Bedrooms
$380,000
4 Bedrooms
$560,000
5+ Bedrooms
$950,000

Neighborhood

* Approx. location of property

Frequently Asked Questions (FAQs)

What makes Mount Pleasant a great place to live in Harare?

Mount Pleasant is leafy and upscale, with excellent schools, shopping centres, and peaceful streets ideal for families.

What are the average property prices in Mount Pleasant?

Prices range from USD 180,000 to USD 700,000 depending on size, condition, and type.

What types of properties are available in Mount Pleasant?

The suburb offers family homes, townhouses, and diplomatic residences suitable for professionals.

How accessible is Mount Pleasant from Harare CBD?

It is approximately 15 minutes from Harare CBD via Alpes Road or Borrowdale Road.

What amenities and facilities are nearby in Mount Pleasant?

Arundel Village, Mount Pleasant School, Mount Pleasant Hospital, and restaurants like Fishmonger are nearby.

How is the property market performing in Mount Pleasant?

Property values have increased by around 20% over 5 years due to demand for residential and commercial properties.

Is Mount Pleasant safe and family-friendly?

Yes, with quiet streets, private security, and active community watch programs.

Are there new developments or upcoming projects in Mount Pleasant?

New cluster homes and apartment complexes are being developed near Arundel Village.

What is the difference between a Titled property and a Cession property in Zimbabwe, and which is safer to purchase?,

Titled properties provide full legal ownership, whereas Cession properties rely on council approval.

What are the required legal documents for transferring ownership of a residential stand or house in Zimbabwe?

Agreement of Sale, Title Deed, rates clearance, and utility clearances are required.

What steps are involved in conducting a thorough property Due Diligence and Deeds Search in Zimbabwe to verify ownership?

Perform a Deeds Office search, verify ownership with a conveyancer, and check for disputes.

What are the full associated costs (Stamp Duty, Conveyancer Fees, etc.) when buying a property in Zimbabwe, besides the purchase price?

Budget 10–12% over the purchase price for fees and commissions.

Are mortgages and bank financing available in Zimbabwe, and what are the typical deposit and repayment requirements?

Limited mortgage products exist with 20–30% deposits and repayment periods up to 15 years.

How much is the standard real estate agent commission fee in Zimbabwe, and who is responsible for paying it (buyer or seller)?

Agents charge around 5%, usually paid by the seller.

View full FAQs about Mount Pleasant →
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