Property details

6

4

?

Beds

Baths

Garage

Parking

Rooms

Swimming Pool

Garden

Furnished

Restaurant

Pet Friendly

Alarm

Guest Rooms

Wheelchair

Wireless

Aircon

Spa

Elevator

Conference Facilities

Erf size:
1,599 m²
Energy Supplies:
Other,

Features

6 bedrooms (2 en suite) / 4 bathrooms / semi-detached

GREAT INVESTMENT OPPORTUNITY

Investment Property Listing in Ibex Hill, Lusaka **Exceptional Investment Opportunity in the Heart of Ibex Hill, Lusaka** Discover the ideal investment in the serene and sought-after area of Ibex Hill, Lusaka. This unique property not only offers a substantial income potential of ZMW20,000 to ZMW30,000 monthly but also boasts additional space to expand, providing an unparalleled advantage for the astute investor looking to maximize their returns. **Property Highlights:** - **Location:** Nestled in the prestigious neighborhood of Ibex Hill, this property guarantees a blend of tranquility and accessibility, making it a coveted spot for tenants. - **Current Units:** The property currently houses two meticulously designed units, each reflecting a blend of comfort and style, aimed at attracting premium tenants. - **Expansion Potential:** With ample space available, the property offers a rare opportunity to construct two additional units, further enhancing its income-generating potential. - **Income Potential:** With the existing units and the opportunity for expansion, anticipate a monthly income range of ZMW20,000 to ZMW30,000, scaling up as you develop the property further. **Investment Details:** - **Asking Price:** ZMW3,300,000 - **Projected Monthly Income:** ZMW20,000 - ZMW30,000 - **Additional Units:** Space for 2 more units within the lot ** With the additional two units ZMW 40,000- ZMW 60,000 ### Investment Return Calculation: For simplicity, let's assume an average monthly income of ZMW25,000 after adding the two additional units (mid-range of the projected income). **Monthly Income:** ZMW50,000 **Annual Income:** ZMW50,000 x 12 = ZMW600,000 To recover an investment of ZMW3,300,000: **Excluding construction cost** **Recovery Period:** ZMW3,300,000 / ZMW600,000 = 5.5years This calculation does not account for potential increases in rental income over time, maintenance costs, or initial investment for constructing the two additional units. However, it provides a baseline for understanding when you could expect to recover your initial investment under consistent conditions. **Why Invest?** This property not only stands as a beacon of potential for immediate rental income but also as a testament to long-term growth opportunities within the booming real estate market of Lusaka. With the added benefit of expansion, you are not just investing in a property but in a future of financial prosperity. Seize this unparalleled investment opportunity in Ibex Hill, Lusaka, and embark on a journey of lucrative returns and sustainable growth.

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