Dream home in Zimbabwe

Date: 2008-04-13 21:19:16

Property ID:   157

Country: Zimbabwe

Name: John Holland

City: Harare South

Tel: none

Price, euros: 120000

Email: webmaster@property.htmlplanet.com

 

PICTURES

Property Details:
Mansion For Sale in Harare South, Mashonaland Zimbabwe Postcard – Perfect, With A Majestic View Asking Price: US$ 120000 (Negotiable) Secure, Problem Free Property On 50 Arable Acres Main Residence 2 Large living rooms (upstairs and downstairs) With black marble fireplaces, plaster featured ceilings, 6 Double bedrooms with built-in wardrobes etc. 4 Bathrooms (three with bath, one with shower), Large dining room, Large modern office/ study, Fitted Kitchen, Laundry room and double garage with Italian marble tiled floors, lots of fitted cupboards, feature hallway and staircase with bar facilities. Fitted carpeting in living rooms, Parquet flooring through-out other rooms. White marble windowsills. Lots of fitted cupboards throughout. * Managers/ Guest three bedroomed residence * 2 Double bedrooms, Single bedroom, Kitchen, Large bathroom, Separate toilet, Livingroom. * Hall * Huge main room (has been used for entertaining, dancing, and as a chapel.), * Ladies and Gents bathrooms, catering room. (ALL THE ABOVE UNDER TILE AND PROFFESSIONALLY BUILT.) * Indaba room under thatch * Old house Converted to Dairy could be converted back to three bedroomed house. * Flour mill building complete with equipment. * Stables/ Piggery Needs attention, originally built to house three hundred pigs. * Worker accomodation - ten houses. FACILITIES Spring water, 4 boreholes, well, small dam (needs to be deepened for fishing), recently professionally installed irrigation system, Three phase electricity supply/ transformer and an abundance of spring water (Approximately 4 metre water table on self-draining sandy loam soils.) quality water. LOCATION Approximately 45 minutes drive from the city centre and international airport on tarred roads to the main entrance. Uninterrupted views to the horizon of indigenous forest with orchids and other tropical flowers growing wild. Experience the tropical sunsets over the forests and rising sun at dawn with the waking of the wild. POTENTIAL Excellent investment opportunity, Tourism/ Game ranching, Horticulture/ seed production, small scale farming, commercial (subdividing, and building houses/ factories.). For Sale By: Owner Extra Amenities : * Maid's Quarters * Maid's Bathroom * Laundry Room * Studio Room * Patio * Majestic Views MORE ABOUT THE POTENTIAL AND AREA TOURISM / GAME RANCHING The natural surroundings of indigenous trees and vegetation coupled with the existing wildlife, make it a natural setting for game ranching or the tourist industry. The abundance of grazing and unlimited supply of fresh water would cater for most game or wild life. There is additionally a large adjoining area ( at least a thousand hectares ) of indigenous woodland with streams and a large dam ( approximately a kilometre wide by 4 to 5 kilometres long fed by two rivers ). It is a particularly attractive dam with treed islands and in places sandy beaches. The writer is informed that the Ministry of Tourism would support an Application to lease this land on a 99 year lease at a nominal amount for the purposes of a Game Park - this would include ownership of at least two thirds of the dam water area. With the above, this would make it by far the most attractive Game Park of its size in the country and lend itself to the upmarket tourist industry being just 45 minutes from the International Airport. The infrastructure of the existing property lends itself to this Application. HORTICULTURE A combination of good soils, an abundance of water and excellent climate in conjunction with its closeness to the City and the International Airport make this a very viable proposition. The infrastructure is existing where with underground irrigation the entire 50 acres can be irrigated all year round. ( Note : even during a nation-wide drought which lasted for 7 years water was being pumped 24 hours a day without shortages - there normally is a 3 to 4 metre water table throughout the year ). VEGETABLES A large range of vegetables have been already grown, it was once one of the largest producers of tomatoes all grown without the use of greenhouses. Locally vegetables are grown, packaged and exported to various parts of the world, even directly to large supermarket chains in the United Kingdom. It would be viable with a good manager that could be sourced locally to make a lucrative living doing the same thing. Due to the opposite seasons with Europe premium prices could be obtained concentrating on winter supplies to Europe. Greenhouses can be sourced locally for high production and the Hall could be utilised as a packaging room with cold rooms installed in the old house/dairy. There is additionally an chance of obtaining a further adjoining 100 acres for this purpose, currently stateland. Labour is in abundance and also an opportunity to operate a co-operative with locals, supplying seeds on a buy back basis to supplement production. FLOWERS Flowers are exported to various parts of the world, Tulips and Roses to Amsterdam, Europe, America and Australia. Climatic conditions are ideal and the business is highly profitable, with the right manager it would be normal to realise 100% return on capital . Greenhouses are obtainable locally. ESSENTIAL OILS Another exceptionally viable export proposition with the advantage of being specialised. COMMERCIAL Planning permission is not generally a requirement and the property deeds are unrestricted making the property a valuable asset for a whole range of commercial uses. Additionally being 45 minutes drive from the City centre (20 minutes from the main container base ) and with low overheads, unlimited supply of electricity ( overhead link Electricity Lines pass directly over the property, with your individual transformer which can be upgraded with ease ) and water gives any commercial enterprise a head start. FARMING Suitable for intensive farming - the writer currently is almost self sufficient with fresh vegetables, milk ( butter as well ), meat, fruit and flour. Could produce sunflower oil with ease as well. INVESTMENT OPPORTUNITY OF NOTE It is a real opportunity to achieve 100% return on capital as a minimum, annually. In fact most of the above could be done in harmony with each other. SECURITY AND LEGAL SECURITY Security of ownership Land is not subject to the land reform program currently being implemented, being purchased from the Zimbabwe Government in 1998 with, in terms of the title deeds no restriction over use. This makes it an extremely valuable property locally from the viewpoint of security of ownership alone. General security Good, no problems at all. LEGAL Transfer of the property can be effected in two ways :- 1. Share Transfer As the property is currently owned by a non-trading company ( The deeds are registered in its name ), it is possible to do a simple share transfer whereby the potential owner would own all shares in the company thereby owning the property. This is by far the most attractive way of effecting purchase from the point of view of no legal costs and transfer fees/taxes. It is also the fastest method where the transaction could be effected in less than 24 hours - naturally the accountant ( either the current accountant or one of the purchasers choice ) effecting transfer would draft the appropriate share sale agreement for the purchasers protection . 2. By the standard Deed of Transfer This would be transacted via the normal property transfer route, where the property would be transferred via a Legal Practitioner and duly registered in the purchasers name. This route is costly and lengthy. Property is freehold Current certificate of no interest available FINANCIAL Based on the current parallel rate of exchange US dollar to local currency . CURRENT NORMAL OVERHEADS Annual rates payable to the Local Council, slightly under US$ 12.00c ( Twelve ) per annum. Electricity currently averages US$ 100.00c per month. Water - nil ( own supply ).Water recently tested for the purpose of bottling and export and achieved spring water status test results. Diesel fuel US$ 0.50 cents approximately per litre. Labour rates average between US$ 12.00c and US$ 20.00c per month per person or US$ 0.80 cents per day per person. The above facts enhance the investment potential as an offshore investment.The ideal situation would be to employ a local manager with appropriate expertise.