Income-Generating Property for Sale: 3 x 2-Bed & 4 x 1-Bed Houses + Development Potential | Chongwe (Chikondwa Area, Near Great East Road) | K2 Million

Description:

Fantastic Investment Opportunity! Acquire a property with a solid existing rental income and significant potential for future growth in the rapidly developing Chikondwa area of Chongwe District, less than 400 meters from the Great East Road. This property features a mix of completed and partially completed residential units, offering immediate returns and exciting development possibilities.

Imagine: Earning a reliable monthly income of K17,000 from the existing seven rental units while also having the opportunity to complete two additional 2-bedroom houses to further increase your revenue stream. Benefit from essential infrastructure already in place, including borehole water and ZESCO power.

Property Highlights:

• Existing Income Generation: Currently generating a total rental income of K17,000 per month.
• Mix of Completed Units:
  • Three (3) well-maintained 2-bedroom houses.
  • Four (4) comfortable 1-bedroom houses.
• Development Potential: Two (2) unfinished 2-bedroom houses, currently at wall plate level, offering the opportunity to customize and increase rental capacity.
• Prime Location: Situated in Chongwe District, Chikondwa area, less than 400 meters from the Great East Road, ensuring excellent accessibility.
• Essential Infrastructure: Benefit from a reliable borehole water supply and installed ZESCO power.
• Generous Plot Size: The property sits on a 35 x 70 meters plot.
• Investment Flexibility: Ideal for seasoned investors or those looking to enter the rental market with room for expansion.

Location: Chikondwa Area, Chongwe District (Less than 400m from Great East Road), Zambia

Price: K2,000,000

Total Monthly Rental Income: K17,000

Plot Size: 35 x 70 Meters

Contact: [Insert Contact Information Here – Original extract was missing this]

Don’t miss this unique opportunity to acquire an income-generating property with significant development potential in a strategic location! Contact us today for more details and to arrange a viewing.