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Residential Development Investment Opportunity in Highlands
Residential Development Investment Opportunity in Highlands
Residential Development Investment Opportunity in Highlands
Residential Development Investment Opportunity in Highlands
Residential Development Investment Opportunity in Highlands
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$2,200,000
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Location Highlands, Harare North, Harare
Bedrooms 3
278 m²
Land area 278 m²
HSP REALTY is pleased to present Grosvenor Road, a boutique six-unit residential development in Highlands, offered for acquisition as a single investment opportunity.

The project is currently approximately 80% complete, with each residence providing around 278 m² of accommodation.
The scheme comprises six contemporary homes incorporating three bedrooms, study space, staff accommodation, generous living areas, covered verandas, private outdoor space and parking.

From an investment perspective, the opportunity is particularly compelling because the purchaser acquires control of the entire development, rather than a single unit within a larger complex.

This creates several potential exit strategies, including completion and resale, long-term residential leasing, corporate accommodation or retention as a residential investment portfolio.
The development is not being offered as individual units.

6 residences

Amenities

Borehole
Borehole

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Average price by bedroom

Average price of properties in Highlands
Type
Price
3 Bedrooms
$550,000
4 Bedrooms
$395,000
5+ Bedrooms
$675,000

Neighborhood

* Approx. location of property

Frequently Asked Questions (FAQs)

Why is Highlands considered a desirable suburb to live in Harare?

Highlands is a well-established and leafy suburb known for its spacious properties and peaceful environment. It attracts families and professionals seeking convenience and proximity to key business areas.

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What are the average property prices in Highlands Harare?

Property prices in Highlands typically range from USD 180,000 to USD 700,000 depending on property size, condition, and location. Well-maintained homes and townhouses often achieve higher values.

How accessible is Highlands from Harare CBD and surrounding areas?

Highlands is approximately 10–15 minutes from Harare CBD via Enterprise Road and other major routes. Its location makes commuting convenient.

Is Highlands a safe and family-friendly suburb?

Yes, Highlands is considered a safe and family-friendly suburb with quiet streets, established communities, and private security in many areas.

Are there new developments or property projects in Highlands Harare?

Highlands has seen new townhouse and cluster developments in recent years. These projects attract buyers seeking secure and low-maintenance living.

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What is the difference between a titled property and a cession property in Zimbabwe, and which is safer?

Titled properties offer ownership registered at the Deeds Office, while cession properties are transferred through council or developer records. Titled property is generally more secure.

What is the typical estate agent commission in Zimbabwe and who pays it?

Estate agent commission is usually around 5% of the sale price and is typically paid by the seller after transfer is completed.

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