NewsDay (Zimbabwe)

WestProp changing the property landscape in Zimbabwe

- Marilyn Mosha – Chief Marketing and Sales

West Property Company's mixed-used developmen­ts aims to meet the current needs of its clients without compromisi­ng the ability of future generation­s to enjoy the legacy of our footprint. Our mission is to delight our customers with the latest sustainabl­e innovation incorporat­ing modern designs in our residentia­l and commercial offerings in Zimbabwe.

West Prop is achieving its objectives, by making the upmarket areas affordable to the middle income class. We are therefore offering exceptiona­l housing developmen­ts which densify the land, offering affordable prices while not compromisi­ng on the quality of these developmen­ts.

Our current model is on the premise that we are offering property in up market areas at affordable prices, and this is where we believe the future must go and we are leading the way. All the while, we are delivering this by having quality factor as a priority. A good example, is our properties currently on the market which are available at lock-up shell level for Millennium Heights Apartment Estate and Pokugara Residentia­l Estate Townhouses in Borrowdale. This is where we complete the exterior of the developmen­ts to the highest of standards and leaving the interior completion to the owners taste and at his own time, therefore by pricing our units at affordable pricing and in turn enabling the middle income earner the affordabil­ity to invest in our developmen­ts in the up market areas of Harare.

With this kind of mind set, we looked at Pomona City Estate and believed that this is the start of the next stage of affordabil­ity. Pomona City will be a secure gated community and estate comprising predominan­tly of residentia­l stands, shopping centre, primary and secondary schools, recreation­al park, club house, creche and church avenue. One can buy with cash and build, or can get a 10 year Mortgage then build which makes it affordable.

What is really a game changer is something that we are revolution­izing Zimbabwe with, that is the Leasehold concept offered in Pomona City. Especially in Harare where the land values are high and only getting higher, leasing the land makes it signiöcant­ly more affordable to home developmen­t and thus ownership. The difference between the Freehold and Leasehold is the saving of the upfront capital to be able to build your dream home. The Leasehold on offer has transferra­ble rights of the developmen­ts made, therefore leaving a legacy that beneöts your family and can be sold.

To this end, West Prop Zimbabwe wants to leave a beneöcial legacy that has positive environmen­tal impact and a return on investment­s to all Zimbabwean­s. We remain committed to working towards Zimbabwe's bright future in line with vision 2030.

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