FOR SALE: Prime Investment! Four Modern 3-Bedroom Townhouse Flats (Master Ensuite) | Meanwood Ibex (Road Frontage) | K12,000,000

K12,000,000/$517,964

Overview

Property ID: HZPFRM-08019

Residential, Single Family Home
Property Type

3
Bedrooms

2
Bathrooms

Description

An exceptional investment opportunity awaits in the highly sought-after Meanwood Ibex area! This property features four modern 3-bedroom townhouse flats, each meticulously designed with high-end features and located on a prominent corner plot with tarmac road frontage. The entire complex is available for sale at K12,000,000, offering excellent value for either individual units or as a complete investment.

Property Overview

This offering consists of a block of four independent townhouse flats, ensuring privacy and spacious living for each resident. The design is modern, catering to contemporary tastes and needs.

3 Bedrooms: Each flat comprises three well-proportioned bedrooms.
Master Bedroom Self-Contained (MSC): The main bedroom in each flat features its own en-suite bathroom, providing a private and luxurious space.
Modern Fittings: High-quality, contemporary finishes throughout the flats, indicating a superior build.
Three Door Outlets: This unique feature likely refers to multiple access points or exits for each unit, enhancing convenience and flow.
Spacious Parking Lot: Ample parking space is available for residents and visitors.
Electric Fence: Provides enhanced security and peace of mind for the entire complex.
Ten Thousand Litres Tank & Tank Stand: Ensures a reliable and consistent water supply for all units.
Automatic Gate: Offers secure and convenient entry and exit to the property.
Paved Yard: A neatly paved yard contributes to the aesthetic appeal and ease of maintenance.

Location: Meanwood Ibex, Lusaka

Meanwood Ibex is one of Lusaka’s most rapidly developing and desirable residential areas, known for its well-planned infrastructure and modern homes.

Plot Size: Situated on a substantial 50m x 40m plot (2000 square meters), which is generous for four townhouses, allowing for comfortable spacing and amenities.
Corner Plot & Road Frontage Tarmac: This is a highly valuable feature, providing excellent visibility, easy access, and potential for future commercial consideration, given its strategic position directly on a tarred road. This significantly enhances the property’s value.

Sale Price

Total Price for 4 Flats: K12,000,000 (Zambian Kwacha)
Price Per Flat (Individual Estimate): K3,000,000 (Implied, as K12M / 4 flats)

Investment Potential

This property presents an exceptional investment opportunity for several reasons:

High Demand Area: Meanwood Ibex is a sought-after location for rentals and property purchases, ensuring good occupancy rates and potential for capital appreciation.
Modern Features: The newly built status and modern amenities make these flats attractive to a wide range of tenants or buyers.
Multiple Units: Owning four units allows for diversified income streams or accommodation for a large extended family.
Prime Location (Road Frontage): The tarmac road frontage and corner plot position add significant value, offering excellent accessibility and visibility, and could potentially hold future commercial zoning appeal.
Competitive Pricing: Compared to some standalone houses or individual modern flats in Meanwood Ibex (some properties listed for K3.5M for a single 3-bed flat), acquiring four modern units for K12M, or K3M each, presents a compelling proposition.