Prime Commercial Property For Sale in Harare CBD

Harare City Centre, Harare CBD, Harare

$1,700,000

Harare City Centre, Harare CBD, Harare

2,084 m²

892 m²

Description

Size of stand: 892 square meters
Total net lettable area: 2084 square meters
This property comprises 2 buildings which are connected and offers good road frontage.
Square meters of lettable area is approximate: Shop 1: 250sq m. Shop 2: 160sq m
Studio and stores: 100sq m. Mezzanine floor: 230sq m. Manufacturing area: 60sq m. 1st Floor offices: 300sq m. Tea Terrace: 300sq m. 2nd Floor: 170sq m. 3rd Floor: 173sq m. 4th Floor: 178sq m. 5th Floor: 163sq m
There are 7 parking bays at the back of the building. The property boasts its own substation and has no power cuts. There is municipal water available.
The front building to the road has foundations set for 8 stories and the building is ready to be extended. All tenants on short term leases
The property is owned by a company the shares of which can be sold. The only asset in the company is the property and its only income is the rent earned from the property. The property is vat registered so if the purchaser does not want to buy the shares but rather take transfer of the property, then vat will need to be added to the asking price.