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3* Modern African Styled Boutique Hotel For Sale Near the Victoria Falls

$2,730,000

Syringa Road, Bulawayo, Bulawayo Province 649, Zimbabwe

Active
Last Updated: 01/01/2026

15

Cash-on-Cash

425,000

NOI

Details:
Cash-on-Cash:    15%
NOI:    $425,000
Building Size:    16,145.87 sqft
Lot Area:    21,527.82 sqft
Keys:    21
Star Rating:    3
Management:    Unencumbered
Price Per Sqft:    $169.08
Year Built:    2023
Average Room Size:    215 sqft
Price Per Unit:    $130,000
ADR:    $200
Floors:    1
Parking Spots:    25
Year Last Renovated:    2025
Construction Status:    Completed
Parking Ratio:    11
Freight Elevator:    No
Roof:    Metal
HVAC:    Yes
Floor:    Tiles and Polished Concrete
Restrooms:    2
CeilingHeight:    8.2
Investment Strategy:    Core
Highlights:
  • Victoria Falls is a UNESCO World Heritage Internationally recognized site
  • Average Victoria Falls Room Occupancy Rates are above 50%
  • The Hotel is well known and established in the Victoria Falls Tourism Market
  • The Hotel is Located only 2kms from the Victoria Falls and Town Centre
  • The Hotel is Located near the main Highway to the International airport
Description:

• Operating, Licensed Turnkey 21 room African Style Boutique Hotel
• Rooms are divided between double and family rooms
• Rooms are spacious and come with standard general hotel amenities that include ceiling fans, satellite TVs, in-room safe, bar fridge, desk and chair, HVAC and very comfortable beds
• Onsite kitchen/restaurant with a dedicated dining space to accommodate up to 60 guests
• Swimming pool - rectangular
• Solar geysers and Solar power as backup are available
• Located 2kms or 4 minute drive from the Victoria Falls and Town Centre
• Well known and established in the Victoria Falls Tourism Market which means the new owner will benefit from existing relationships for bookings and for guest activities like guided tours of Victoria Falls and Zambezi River cruises
• Established clientele attracting international guests

Map:
Location
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