Business Reporter
ZIMBABWE’s property market game changer, WestProp Holdings Limited continues to score firsts in the development sector after revealing plans to kick start the construction of a five star Apartment Hotel early next year.
For the first time the development will introduce apartment unit owners into the hospitality industry on the back of plans to complete the hotel’s construction in 24 months.
The company says the apartment block will have 148 stylishly designed individually owned units modelled along the Michael Angelo Towers in Sandton, Johannesburg South Africa.
According to CEO, Mr. Ken Sharpe, “Millennium Heights Apartment Hotel will be a game-changer for Harare.
This iconic development will offer unparalleled luxury, convenience, and investment opportunities, cementing Harare’s position as a premier business and tourism destination.”
He described the apartment hotel as the “heavy-weight” distinguishing from the other middle and lightweight developments that have so far taken place at the Millennium Estate.
The news of the apartment hotel has been received with a lot of excitement by the market with inquiries already flooding the company’s sales team.
Mr Sharpe says the apartment hotel will have 150 units, five star hotel amenities that include a rooftop pool, gym and restaurant, club house, state of the art conference and meeting facilities, exclusive retail spaces and secure parking 24/7.
The project will create jobs both in construction and hospitality employees and will contribute to Harare’s Gross Domestic Product, boost tourism and increase accommodation options for the discerning customers.
“This project demonstrates WestProp’s commitment to Zimbabwe’s economic development. Millennium Heights Apartment Hotel will attract foreign investment, stimulate local economic activity, and showcase Harare’s potential as a world-class city.”
Apartment owners will enjoy attractive returns through rental income and capital appreciation, hotel room investment and guaranteed rental income through WestProp’s hotel management arm.
Construction is slated to begin in Q1 2025, with completion expected within 24 months. As Harare continues to grow and develop, Millennium Heights Apartment Hotel promises to be a shining example of luxury, innovation, and economic progress.
