Shop for Sale in Harare City Centre: Prime Commercial Investment

June 5, 2024

Shop for Sale in Harare City Centre: Prime Commercial Investment

Select Homes Pvt Ltd

Summary: This prime shop for sale in Harare City Centre offers an 18 m² commercial unit in Zimbabwe's bustling capital, listed at USD 55,000 (Propertybook). Strategically positioned near landmark retail blocks such as the Eastgate Centre—one of the world's first naturally cooled malls—this street‑level shop benefits from constant high foot traffic (Harare Guide). Equipped with reliable prepaid ZESA power, a fully tiled interior, and a dedicated office/study bay, it's turnkey-ready for retailers, consultancies, or creative studios (Propertybook). As the heart of Zimbabwe's commercial activities, Harare City Centre draws locals, tourists, and business travelers alike, ensuring steady customer flows and strong investment upside (Zimbabwe Tourism).

Property Overview

Prime Location Benefits

  • National Capital: Harare is Zimbabwe's capital and largest city, with over 2.4 million residents in the metro area, providing a vast local customer base (World Population Review).
  • Retail Landmark: Eastgate Centre, designed by Mick Pearce, is steps away—drawing shoppers and office workers daily (Architectural Digest).
  • Legal District: Proximity to Rotten Row—home to the High Court and major law firms—means consistent weekday foot traffic from professionals (Zimbabwe Legal Directory).
  • Tourist Attractions: Nearby cultural sites like the National Gallery and Cathedral of St Mary and All Saints attract visitors year‑round (Zimbabwe Tourism).
  • Event Draw: The Harare International Conference Centre hosts major regional conferences, boosting business tourism and daytime visitor numbers (HICC).
  • Diverse Appeal: The city centre mixes cultural institutions, specialty exhibition halls, and historical landmarks—across retail, dining, and nightlife—ensuring a broad customer demographic (Lonely Planet).

Investment Potential

  • Strong Yields: Commercial shops in Harare City Centre typically command rental yields of 8–10%, driven by high demand and limited available space (Zimbabwe Investment Guide).
  • Low Vacancy Risk: Continuous inflows of office workers, government staff, and tourists minimize downtime between tenancies (Commercial Property News).
  • Capital Growth: Scarcity of street‑level retail premises in the CBD has led to average annual value appreciation exceeding 12% over recent years (Real Estate Market Analysis).

Features & Specifications

| Feature | Detail | | | -------------- | --------------------------------- | ------------------------- | | Floor Size | 18 m² | (Propertybook) | | Price | USD 55,000 (negotiable) | (Propertybook) | | Power | Prepaid ZESA | (Propertybook) | | Interior | Fully tiled, includes office bay | (Propertybook) | | Layout | Open-plan shopfront, street-level | (Propertybook) | | Access | Secure block, high visibility | (Propertybook) |

How to Enquire

Select Homes Pvt Ltd Website: https://www.selecthomes.app Contact: +263 777 918 118