These are low density residential stands whose sizes range between 1800m² to 3600m². These stands are located 7km from Gweru’s Central Business District along Gweru - Shurugwi Road.
The stands are being sold at the following prices:- $10/m2 for cash price exclusive of 15% VAT. A prospective client can pay the cash price up to a maximum of 12 months.
$12/m2 as a Mortgage Loan product exclusive of VAT. One has to put down a deposit of 15% and the balance of 85% will be given as a loan for a maximum period of 25 years.
Stand Size (m²) |
Cash Price ($10/m²) |
Home Loan Price ($12/m²) | Deposit required (25%) |
15% VAT | Loan amount (75%) | Monthly Repayment |
1800 | $18,000 | $21,600 | $5,400 | $2,700.00 | $16,200 | $368 |
2000 | $20,000 | $24,000 | $6,000 | $3,000.00 | $18,000 | $405 |
2500 | $25,000 | $30,000 | $7,500 | $3,750.00 | $22,500 | $497 |
3000 | $30,000 | $36,000 | $9,000 | $4,500.00 | $27,000 | $589 |