Highfield, Harare High Density, Harare
4 
300 m²
For sale in the high-density suburb of Western Triangle in Highfield is a 6-roomed core house, which is fairly old and in a state of disrepair. The rooms are of medium size, there is an external shared bathroom, and a tuck shop structure. Although it requires some renovation, this area is sought after by discerning investors. High-density houses can be a sound investment choice due to the high accommodation demands in densely populated areas like Highfield. The property has municipal water, sewerage services, and a fenced boundary. It is close to shops and amenities, and close to the busy High Glen and Willowvale roads. Perfect for an investor willing to put in a bit of work and then reap the rewards of assured rental income.
Advantages of such a property include:
• Higher Rental Yields:
Highfield is a high-density area with a very high concentration of renters, leading to more consistent rental income.
• Lower Entry Cost:
These high-density properties are more affordable to purchase compared to single-family homes in low-density suburbs.
• Potential for Capital Appreciation:
Urban areas like Highfield will continue to grow, and property values in high-density areas can appreciate, potentially leading to capital gains for investors.
• Accessibility and Convenience:
Western Triangle is located near amenities, public transportation, and employment centres, making it attractive to tenants.
• Diversification:
Investing in high-density core houses can offer investors diversification by adding a different type of property to their portfolio.
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