Prime Property for Redevelopment or Subdivision

Hatfield, Harare South, Harare

$320,000

Hatfield, Harare South, Harare

5 Bedrooms

2 Bathrooms

150 m²

7,927 m²

Description

Situated in the fast-expanding area of Hatfield, only 500 metres from Airport Road, this sizeable 7,927sqm property offers excellent potential for investors and developers alike. The property includes an older 5-bedroom house that requires renovation, though the structure remains solid. The home comprises a main bedroom with ensuite, spacious lounge and dining areas, fitted kitchen, scullery, walk-in pantry, storage section, and separate bathroom facilities.

There are also three additional cottage structures on the property, consisting of 1-room, 2-room, and 3-room units, together with a well, and the property is fully walled and gated for added security. With several cluster housing projects already established in the surrounding area, this property is well-positioned for redevelopment, subdivision, or conversion into a large private residence, making it a promising opportunity for long-term investment and capital growth.

Amenities

Staff Quarters

Tiled

Walled

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Average price by bedroom

Average price of properties in Hatfield

Type

Price

3 Bedrooms

$212,500

4 Bedrooms

$200,000

5+ Bedrooms

$215,000

Price Trends

The average price of a 5+ bedroom house for sale in Hatfield is $215,000

Frequently Asked Questions (FAQs)

Why is Hatfield a popular suburb to live in Harare?

Hatfield is a well-established suburb known for its affordability, accessibility, and proximity to the CBD and airport. It attracts families, professionals, and first-time buyers.

What are the average property prices in Hatfield Harare?

Property prices in Hatfield typically range from USD 80,000 to USD 250,000 depending on size, condition, and location. It remains one of Harare’s more affordable suburbs.

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What types of properties are available in Hatfield Harare?

Hatfield offers family homes, residential stands, and some townhouses. It is popular with homeowners and investors seeking value-for-money property.

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What is the importance of working with a registered real estate agent?

A registered agent helps verify listings, negotiate deals, and guide buyers through the process. This reduces risks and ensures professionalism.

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What financial planning is required when buying property?

Buyers should plan for the purchase price, additional costs, and financing options. Proper budgeting helps avoid financial strain.

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What are the warning signs of a risky property deal?

Red flags include missing documents, unclear ownership, and pressure to rush decisions. Buyers should verify all details carefully.