£294,418

5 bed detached bungalow for sale

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Offers in region of

£294,418

US$375,000

5 bed detached bungalow for sale

Victoria Falls: Two Residences On One Title: Lodge Authorisation, Victoria Falls, Zimbabwe

5 beds
4 baths

Local area information

Property location

Nearby amenities

Features and description

  • Freehold

  • Available Now

  • Private garden
  • Off street parking
Imagine owning a property in the heart of Victoria Falls, Zimbabwe, an area brimming with natural beauty and a popular tourist destination. This property is not just residence, it's a carefully cultivated investment opportunity ready to be transformed into a lucrative business venture.

With two residences under one title on a spacious 2,165 m2 lot, this property offers a myriad of possibilities. Whether you're looking to establish a charming B&B, create a multi-residential rental opportunity, or revamp the existing structures for modern living, the potential for success is immense.

The property has already been registered in a company name and regularised for use as a guest house, setting the stage for a seamless transition into the hospitality industry.

Additionally, the existing infrastructure, which includes a main house and a cottage, provides a solid foundation to build upon. The main house boasts a lounge, dining area, three bedrooms, a kitchen, and versatile spaces like a dressing room/nursery. The cottage, with its two bedrooms and en-suite facilities, offers further potential for income generation.

The property is walled and gated, ensuring privacy and security. Covered carports for up to six cars and ample outdoor space provide convenience and flexibility for residents and guests. The availability of good municipal water as well as raw water enhances the property's appeal and functionality.

What's more, the property's strategic location and existing guest house status provide a significant advantage. Its proximity to Victoria Falls' attractions, combined with the potential to add more accommodations, presents an opportunity to capitalise on the growing tourism industry and cater to the increasing demand for quality lodging options.

From an investment perspective, the property's location, is exceptional. The potential return on investment is clearly evident. And with no transfer fees, a title deed, and registration in a company name, the property offers a hassle-free acquisition process.

The sheer potential for expansion and development makes this property a standout investment opportunity. The ability to modernise the existing residences and add more accommodations not only allows for creative expression but also positions the property as a versatile and dynamic investment.

In summary, this property represents a rare opportunity to enter or expand within the thriving hospitality and real estate market in Victoria Falls. Whether you are a seasoned investor with a keen eye for opportunity or an aspiring entrepreneur looking for a promising venture, this property offers the ideal canvas to create a successful and rewarding business opportunity in one of Zimbabwe's most coveted locations.

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