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Waterfront Resort with Lake Kariba Water Frontage and Access

$2,990,000

Lake Drive, Kariba, Mashonaland West Province 1551, Zimbabwe

Active
Last Updated: 12/28/2025

8

Cash-on-Cash

123,650.85

NOI

Details:
Cash-on-Cash:    8%
NOI:    $123,650.85
Building Size:    57,371.71 sqft
Lot Area:    139,931 sqft
Keys:    45
Star Rating:    2
Management:    Unencumbered
Price Per Sqft:    $21.36
Year Built:    2022
Average Room Size:    258 sqft
Price Per Unit:    $66,444.44
ADR:    $120
Floors:    2
Seller Financing:    No
Parking Spots:    48
Year Last Renovated:    2024
Construction Status:    Completed
Parking Ratio:    11
Roof:    Metal
HVAC:    Yes
Floor:    Tiles
Restrooms:    2
CeilingHeight:    7.36
Investment Strategy:    Value Add
Highlights:
  • Lake Kariba Water Frontage Private Shoreline
  • Unique Sandy Beach Area in front of Hotel
  • M.I.C.E. Designed for Developing Kariba Tourism Market
  • Turnkey Investment with minimal touchups required
  • Significant Revenue Growth Potential
Description:

Licensed, Operational, recently constructed and opened in 2022; Hotel and Resort which is in pristine condition with Lake Kariba Water Frontage (located right next to Lake Kariba).

A well maintained Sandy Beach area on the shoreline in front of the hotel is ideal for private weddings, events or guests. Guests can walk straight from their rooms and dip their toes in Lake Kariba while keeping an eye out for Hippopotamus, Nile Crocodile, Elephants and other wildlife offering an Armchair Safari.

The hotel has got 45 rooms which are divided into
• Large Spacious Suites
• Executive Rooms
• Family Rooms
Room division can always be adapted to suit market conditions.

Other Facilities on the property include:
• Restaurant - 1

• Bar area - 1

• Flexible conferencing facilities with 2 separate locations sitting a total of 120 delegates indoors and up to 3000 delegates outside.

• Swimming Pools - 2

• Zip-line

• Shop and Tour Operators' spaces (who offer activities like boat cruises & game drives)

• Water for maintaining the yard & Gardens is pumped straight from Lake Kariba

• Ample space to increase room numbers or install a solar energy system to harness the plentiful Kariba sun.

Other general hotel amenities are available in rooms which include tea and coffee making facilities, bar fridge, WiFi, satellite television. Laundry and baby-sitting services are also available at the hotel.

Map:
Location
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