The Smart Money Is Looking Beyond Borrowdale
September 25, 2025
Issue #02
Welcome back, Boulevardiers.
For years, Borrowdale has been shorthand for “prime property” in Harare. But yields are compressing, land is scarce, and prices often outrun fundamentals. Investors with sharper pencils are now looking beyond it: into logistics corridors, accessible entry points, and redevelopment plays that still deliver clarity and upside.
That’s why this week’s brief is about range:
a serviced industrial stand minutes from the airport,
a deeded residential stand with flexible development paths,
and a prime Greendale parcel ready to be reborn
We’ve combed the market to bring you only what’s worth seeing.
With that, this week’s Boulevard is open. Step in:
THIS WEEK’S FEATURED DEAL
Arlington Industrial Land. Source: Agent
Arlington Industrial Stand, Harare South
5,012 m² | Serviced Industrial Stand | Seke Rd Frontage
Why we love it
Frontage on Seke Road, minutes from the airport, makes Arlington one of Harare’s most strategic logistics addresses. With ZESA, water, sewer, and tarred access in place, it’s not speculation; it’s a serviced platform ready for warehouse or yard development. In a corridor where demand is being driven by logistics, distribution, and airport-proximate operators, Arlington offers scale, utilities, and visibility that few competitors can match.
💵 Price: $451,000 ($90/m²)
📐 Size: 5,012 m²
📍 Location: Arlington, Harare South
📑 Status: Title deeds confirmed
🏗️ Play: 1,800 m² warehouse development
Projections
Est Monthly Rent: $11,700
Vacancy & Costs: $3,900
Projected NOI: $94,000/yr
Projected Net Yield: 5.7% (baseline) → 7% (upside)
Payback: 11–12 yrs
Want the full breakdown?
See cashflow assumptions, sensitivity analysis, and modelled yield scenarios.
Prefer to take the next step? Next Steps →
THIS WEEK’S ANALYST’S PICK
Sunway City Stand. Source: Agent
Sunway City, Harare East
2,550 m² | Residential Stand | Title Deeds Confirmed
Why we love it
At just $27/m², this deeded stand is priced well below Harare North alternatives. The 2,550 m² footprint allows multiple plays: build-to-rent, multi-unit infill, or simply land-bank while Harare East matures. For diaspora buyers, it’s a secure entry point with flexibility baked in.
💵 Price: $68,000 (~$27/m²)
📐 Size: 2,550 m²
📍 Location: Harare East
📑 Status: Title deeds confirmed
🏗️ Play: Build-to-rent, multi-unit infill, or land-bank
Projections
Est Build Cost (200 m² home): $80,000
Est Monthly Rent: $800
Projected Net Yield: 4.7% baseline → 6–7% upside
Payback: 20–24 yrs
Want the full breakdown?
See cashflow assumptions, sensitivity analysis, and modelled yield scenarios.
Prefer to take the next step? Next Steps →
THIS WEEK’S CURATOR’S PICK
Greendale Coronation Rd Stand. Source: Agent
Greendale, Harare East
3,690 m² | Teardown Parcel | Coronation Rd Frontage
Why we love it
Coronation Rd transforms this stand into a prime business corridor play. With title deeds secured and a derelict structure ready for demolition, it’s a redevelopment canvas: boutique offices, multi-tenant block, or subdivision. For investors seeking USD cashflow in one of Harare’s most liquid corridors, this is location-as-strategy.
💵 Price: $220,000 (~$60/m²)
📐 Size: 3,690 m²
📍 Location: Coronation Rd, Greendale
📑 Status: Title deeds confirmed
🏗️ Play: Demolish + redevelop into 400 m² office block
Projections
Est Build Cost (400 m² office): $180,000
Est Monthly Rent: $4,800
Projected Net Yield: 10.2% baseline → 11–12% upside
Payback: 9–10 yrs
Want the full breakdown?
See cashflow assumptions, sensitivity analysis, and modelled yield scenarios.
CHECKING OUT
That’s this week’s Boulevard — three very different plays, each showing why the smart money is looking beyond Borrowdale.
From airport corridor industrials to accessible entry stands to prime business redevelopments, the thread is the same: clarity, yield, and optionality in a market often clouded by noise.
If any of these deals fit your goals, don’t wait. Opportunities like these move fast. Tap Next Steps or just hit reply, and we’ll walk you through the next steps.
Here is to the dawn of a smarter way to invest in Zim property!
— Team onBoulevard
PS:
We are just getting started. If this issue helped you see the market a little clearer, share it with a friend who has been struggling to make sense of Zim property.
Let’s build this market together.
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