This 2,000sqm half-acre stand in the affluent Greystone Park corridor is a high-visibility development asset. Situated in a secure close with main road frontage, the property guarantees maximum accessibility and long-term capital preservation in a mature, high-demand northern suburb. The immediate proximity to premium retail hubs and schools ensures high resale liquidity for any future structural development. Existing staff quarters provide an immediate operational baseline, solving the logistical bottleneck of housing on-site security and construction teams during the initial build phase. One side of the perimeter is already walled, marginally reducing initial CAPEX.
The legal reality of this transaction is that the subdivision permit is still in progress, backed by a verifiable Parent Deed. This administrative lead time is exactly why the $180,000 asking price is negotiable and short payment terms are accepted. This presents a critical financial lever for a decisive investor to lock in prime Harare North acreage at a discount before the permit drops and the market value self-corrects upwards. This is a strategic acquisition for a buyer with the capital to secure the position now. Contact us immediately to audit the parent deed and submit an aggressive offer.
This 2,000sqm half-acre stand in the affluent Greystone Park corridor is a high-visibility development asset. Situated in a secure close with main road frontage, the property guarantees maximum accessibility and long-term capital preservation in a mature, high-demand northern suburb. The immediate proximity to premium retail hubs and schools ensures high resale liquidity for any future structural development. Existing staff quarters provide an immediate operational baseline, solving the logistical bottleneck of housing on-site security and construction teams during the initial build phase. One side of the perimeter is already walled, marginally reducing initial CAPEX.
The legal reality of this transaction is that the subdivision permit is still in progress, backed by a verifiable Parent Deed. This administrative lead time is exactly why the $180,000 asking price is negotiable and short payment terms are accepted. This presents a critical financial lever for a decisive investor to lock in prime Harare North acreage at a discount before the permit drops and the market value self-corrects upwards. This is a strategic acquisition for a buyer with the capital to secure the position now. Contact us immediately to audit the parent deed and submit an aggressive offer.
The tenure, deed and zoning rules in plain language. Confirm specifics with your conveyancer before signing.
Instead of a Title Deed for a specific flat, you buy shares in a private company that owns the entire apartment block. Your share certificate grants you the exclusive legal right to occupy a specific unit. Transferring ownership is fast and avoids Deeds Office backlogs, but getting a mortgage is extremely difficult because banks cannot register a bond against company shares.
This is the overarching Title Deed for a massive piece of land before it is chopped up into individual stands or sectional units. When you buy into a new development, the developer holds this document. You cannot secure a mortgage against your specific portion until the local authority approves the subdivision, issues a Certificate of Compliance, and a separate Deed of Transfer is registered in your name.
These are properties in affluent or spacious suburbs (like Borrowdale, Greendale, or Highlands). Stands are typically large, ranging from 1,000 square meters up to several acres. Municipal by-laws strictly regulate how much of the land you can build on to maintain the spacious character. These properties often attract higher municipal rates and require significant investment in independent utilities like boreholes and solar due to their size.
Our commitment: Propertyzone permits listings only from estate agents and agencies that are registered with the Estate Agents Council of Zimbabwe (EACZ). We operate in alignment with applicable Zimbabwean laws and regulations, including but not limited to Estate Agents Act and EACZ regulations, Regional, Town and Country Planning Act, Deeds Registries Act, local authority bylaws and planning requirements
Important notice:
While Propertyzone verifies that agents and agencies are duly registered with the EACZ, the platform does not currently verify individual property ownership, agent mandates from property owners, title deeds or deed numbers, municipal rates clearance certificates, approved building plans, accuracy or completeness of listing information. Accordingly, no representation or warranty either express or implied is made regarding the accuracy, legality, completeness, or reliability of any listing.
Users are solely responsible for conducting independent due diligence before entering into any property-related transaction. This includes, at a minimum verifying title deeds and ownership at the deeds registry, confirming municipal rates clearance and compliance, reviewing council approved plans and zoning, inspecting the physical property, confirming the agent's valid written mandate, seeking independent legal, financial and valuation advice.
Nothing on the Propertyzone platform constitutes legal advice, financial or investment advice, a recommendation or endorsement of any property or transaction. All decisions are made at the user's own discretion and risk. Property transactions are governed exclusively by the laws of Zimbabwe.
Propertyzone maintains a zero-tolerance approach to money laundering, terrorism financing, fraud, and related financial crimes. Users, agents, and agencies are strictly prohibited from using the platform to conceal or disguise the origin of funds, engage in suspicious, fraudulent, or unlawful transactions, circumvent KYC or AML requirements. Propertyzone reserves the right to request additional verification or documentation, suspend or terminate accounts involved in suspicious activity, report suspicious transactions to relevant authorities in accordance with the Money Laundering and Proceeds of Crime Act [Chapter 9:24] and the Cyber and Data Protection Act.
By using the platform, users acknowledge that Propertyzone acts solely as a digital intermediary. All engagements with listings are undertaken at the user's own risk. Propertyzone bears no liability for losses arising from reliance on listing information or third-party conduct.
We are actively developing enhanced verification, compliance and risk mitigation systems to strengthen market integrity and user protection. For more details, please visit our and our pages.
The government recently announced the restitution of 67 commercial farms to foreign white owners protected under Bilateral Investment Promotion and Protection Agreements (BIPPAs), alongside 840 locally-owned farms. Over the last two decades, corrupt "land barons" and informal developers illegally subdivided many of these peri-urban farms around Harare into residential stands.
If you purchase a vacant stand on one of these contested peri-urban farms (especially in the North and West of Harare), your "offer letter" or "cession" is legally worthless. The government is returning the master title to the original investors. Your investment will be wiped out without compensation. Never buy peri-urban land without your conveyancer conducting a rigorous Deeds Office history search to confirm the land is not subject to a BIPPA restitution claim.
Developers frequently advertise stands as "fully serviced" and sell them off-plan. Legally, a stand is not serviced until the City Council issues a formal Certificate of Compliance verifying the roads, water, and sewer infrastructure meet statutory standards.
If you buy a stand without this certificate, the Deeds Office will not issue your Title Deed, and the council will reject your building plans. You will be legally barred from building, living on, or financing the land. Never pay a deposit to a developer without your EAC-registered agent verifying both the subdivision permit and the Certificate of Compliance.
A cession is a contract, not a property right. When you buy under a developer cession, the developer retains the master Title Deed. If the developer goes bankrupt, engages in double-allocation fraud, or defaults on a bank loan secured by the master deed, the bank will seize your stand—even if you have already built a house on it.
The only secure form of land ownership is a registered Deed of Transfer in your name, verified digitally against the SI 76 of 2025 framework. If you are forced to buy under cession, your lawyer must review the developer's master title to ensure it is unencumbered before you deploy capital.
Commercial banks in Zimbabwe almost universally refuse to issue mortgages for vacant land due to extreme collateral risk. They will only finance land if it possesses a fully registered Title Deed and comes packaged with council-approved building plans ready for immediate construction.
Consequently, land acquisition is a hard USD cash game. While developers offer 12 to 24-month installment plans, these are unsecured, high-risk contracts. If you miss a single payment, developers routinely cancel the contract and seize your deposit. Do not commit to buying land unless you have the liquid cash to execute the transaction fully.
Buying a stand simply to hold it for years carries severe holding costs. Local councils penalize land banking by applying escalating, punitive municipal rates to undeveloped stands. These rates bind the land—you cannot eventually sell or transfer the stand without clearing this accumulated debt.
Additionally, if you buy in a gated estate, you are immediately liable for full Homeowners' Association (HOA) monthly levies regardless of whether you have built. You are also legally required to clear the stand of tall grass; if you fail, council contractors will clear it and bill the punitive costs directly to your rates account.
The only secure, bankable form of ownership in Zimbabwe is a registered Deed of Transfer (or Deed of Grant) recorded at the Deeds Office. However, the regulatory landscape has recently shifted. Under Statutory Instrument (SI) 76 of 2025, all traditional paper title deeds are undergoing a compulsory digital validation process. Before purchasing, your conveyancer must now verify that the seller’s paper deed has been validated or converted to a secure digital deed to prevent forged-document fraud.
The Cession Trap: Many new cluster developments and high-density stands are sold under "Cession." This means the developer or local council holds the master Title Deed, and you only own a contractual right to the property. You do not own the land. If the developer goes bankrupt or used the master deed as collateral for a bank loan that defaults, your property is at risk. Never buy a high-value property on cession without a conveyancer reviewing the developer's master title and subdivision permits.
Under the Regional, Town and Country Planning Act, a property’s zoning dictates its maximum yield, but the real market value is driven by commercial conversion potential and densification.
Commercial Conversions: Suburbs bordering the CBD (such as Eastlea, Milton Park, and Belvedere) command massive premiums because residential properties are being converted to commercial offices. However, operating a business on a residentially zoned stand without applying for "Special Consent" or a formal rezoning permit from the City of Harare is illegal. The council can issue enforcement orders forcing you to shut down. Do not pay a "commercial premium" for a residential property unless the agent can provide the approved commercial use permit.
Cluster Densification: In northern suburbs (Borrowdale, Highlands), large low-density stands are being bought for cluster housing. A seller cannot simply carve off a piece of their garden and sell it to you. A legal subdivision requires a Dispensation Certificate and a Certificate of Registered Title. If you buy an "unapproved subdivision," you will not be able to get a Title Deed or build legally.
More Serviced Lands like 2,000sqm Development Stand | Greystone Park | Main Road Frontage | $180,000 Negotiable
USD 120,000
Prospect, Harare
