Where investors choose the playbook: hold, subdivide, or redevelop. Coronation Rd frontage turns choice into strategy.
Greendale Redevelopment Stand. Source: Listing Agent
Price: USD 220,000 ($60/m²)
Property Type: Residential Stand (low-density)
Specs: 3,690 m² parcel with dilapidated house in situ
Status: Title deeds confirmed
Location: Greendale, Harare
Amenities: Established suburb, water, sewer, tarred access
PROPERTY DESCRIPTION
3,690 m² parcel with full title deeds and a dilapidated house already in place. Priced at USD 220,000 ($60/m²), it sits in one of Harare’s most established low-density suburbs, set directly along Coronation Road, one of the suburb’s main arteries, fully serviced with water, sewer, and tarred access. The scale of the stand opens multiple investment paths: demolish and rebuild a modern residence, develop duplexes, or subdivide into smaller parcels for resale. With title security and location strength, it’s a redevelopment play with flexibility baked in.
WHY WE LOVE IT
Greendale’s 3,690 m² parcel isn’t about what it is today—it’s about what it can become. With title deeds secured and a dilapidated house already on-site, this is raw material for reinvention. Demolish and replace with a modern duplex scheme, carve it into smaller stands, or transform it into a flagship family residence. The Coronation road frontage amplifies its potential: visibility for a high-end residence, accessibility for tenants, or marketability if subdivided into smaller parcels.
For investors, the attraction is location + scale + flexibility. Greendale remains a preferred address for families, businesses, and expats. Layer in the Coronation Road frontage and redevelopment upside, and this becomes a platform for value creation—where early movers set the benchmark that others will follow.
💡This is not a “sleep-at-night” yield play—it’s a value-add project. Investors trade simplicity for flexibility: higher upfront spend and execution risk in return for multiple exit doors and stronger ROI optionality.
THE BREAKDOWN
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