Investor’s Dream Prime Multi Tenant CBD Property

Chinhoyi, Mashonaland West

$2,000,000

Chinhoyi, Mashonaland West

1,100 m²

1,190 m²

Description

Chinhoyi Central Business District (CBD)

This is a rare chance to secure a fully tenanted, income generating landmark in the heart of Chinhoyis bustling CBD. Strategically positioned on a prime corner stand, the property combines retail, office, and residential tenants, ensuring diverse and steady cash flow from day one.

Originally designed as a banking hall, the property retains its solid structure and strongroom vaults, offering unmatched security and heritage appeal. While already profitable, it also presents a unique opportunity for modernization or redevelopment unlocking even greater long term value.

Investor Highlight: Immediate rental income today, with growth potential tomorrow through upgrades or strategic repositioning.

Property Overview
Land Size: 1,190 sqm (Prime corner stand maximum visibility)
Floors: 3 (All fully occupied)
ZESA: Separate meters for each unit
Water Security:

Equipped with water tanks

Ground Floor Retail Spaces
1. Furniture Retailer (Ex-Bank Hall, 100 sqm):
3 strongroom safes (vaults intact)
1 restroom, 3 storerooms, kitchen
Large open plan retail room
2. Major Shoe Retailer (80 sqm):
Prime sales floor + huge back storage
Private toilet
3. Pharmacy (60 sqm):
Reception area, changing room, storage, and private toilet
4. Additional Spaces:
Several smaller retail businesses (all leased)
4 staff quarters (potential to upgrade)
Playground area (redevelopment potential: outdoor caf, parking, or retail expansion)

2nd & 3rd Floors Offices & Residential
6 Office Units: Fully leased to established tenants
Residential Units (~18 tenants):
Configurations: 2 bedrooms + small room, kitchen, bathroom, balcony
Consistently high demand from professionals and families

Why Invest Here?
Price: $2,000,000 negotiable
Fully Tenanted Immediate Rental Income
Diverse Income Mix Retail, Office, and Residential
Historic Asset Former bank with intact vaults
Prime CBD Corner Unmatched visibility & accessibility
Solid Structure Ready to modernize and reposition

Why Chinhoyi?
Provincial Capital of Mashonaland West an expanding economic hub
Educational & Tourism City home to Chinhoyi University of Technology (CUT) and the world-famous Chinhoyi Caves
Strong Rental Demand driven by professionals, students, and corporate expansion
Strategic Gateway Location connects Harare to regional trade corridors

Contact us today for viewing and full financials.

Asking Price: $