Source: Aspindale to develop 1 200 houses – DailyNews Live
BUSINESS WRITER 7 June 2017
HARARE – Property development firm, Aspindale Park, is constructing over 1
200 high-density houses in Harare, in a move that is expected to ease the
country’s housing backlog that is estimated to be over 1,25 million.
The company’s financial advisor, Bianca Swan, said majority of the houses
– to be built on a scheme modelled along South African urban settlements –
range from 200 square meters up to 350 square meters.
“This is our first property development but we are determined for it to be
the best high density housing project in the country. Phase 1 of
development has commenced and we hope to complete all 3 Phases by the end
of this year,” she said during a tour of the area last week.
Swan noted that the company will also develop two schools, three churches,
a clinic, retail space, two fuel filling stations and a small-to-medium
enterprises zone on the 56-hectare land at the junction of High Glen Road
and Kambuzuma.
The property will have all the desired services and amenities, in addition
to durable roads, water, electricity and sewer connectivity the stands
will be provided with solar-powered streetlights and high-speed fibre
Internet connectivity.
“Small and medium enterprises will be established in the development to
provide access to shops, markets and suppliers within walking distance of
the residences. These amenities will create massive scope for employment
and economic development as well as investment opportunities creating a
community like no other,” she said.
Aspindale Park, which has vast experience in operating businesses in
Zimbabwe and southern Africa, was cleared by the City of Harare as well as
the Environmental Management Authority to continue with the ambitious
project.
Swan further indicated that the company is also currently building a three
bed-roomed show house which is 94 square metres on a 200 square metre
stand.
“The show house has so far received very good feedback from all our
visitors and we believe it is helping to demonstrate the high quality of
the development and give our customers real understanding of what it will
look like once completed,” she said.
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