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Mixed-Use Plaza for Sale – High-Income Asset in Zanzibar | $1,999,999
zanzibar
  • $1,999,999

Overview

  • Mixed Use
  • Property Type
  • 1,177
  • sqm

Description

Positioned at the heart of one of Zanzibar’s most vibrant coastal destinations,This Plaza is the first and only dedicated shopping plaza on the Coast, offering unmatched visibility, accessibility, and consistent year-round traffic.

🔹 Property Overview:

  • Total Land Size: 1,785 sqm (0.44 Acres)

  • Building Size: 1,177 sqm (12,665 sqft)

  • Zoning: Mixed Use – Retail (23%), Residential (58%), Services (19%)

  • Price: USD 2,000,000

  • Estimated ROI: 8%–10% annually

🏪 Retail Highlights:

  • 20 total shop units – 18 currently leased

  • Anchor tenants: Restaurant (Zanzibar’s top italian food outlet), large supermarket, currency exchange, boutiques, wellness center

  • Flexible shop sizes from 8–253 sqm

  • Strong tourism footfall and resort partnerships

🏡 Residential Units:

  • 6 fully furnished apartments with private gardens

  • Includes 1 x 2-bedroom unit (117 sqm), 4 large studios (45 sqm), and 1 medium studio (30 sqm)

  • Proven rental income from both short and long stays

🌴 Location Advantages:

  • Located on the main tarmac road

  • 5-minute walk to the beach

  • 450m from KUZA Cave

  • Rapidly developing tourism corridor

⚙️ Facilities & Infrastructure:

  • 88 KVA Perkins Generator

  • Private freshwater well & 16,000L water tank

  • ZECO electricity meters for each unit

  • Reliable 24/7 security & CCTV

  • Admin offices, public toilets, shaded parking, garbage rooms, and staff quarters

  • Branded sign visible from main road

🌟 Investment Highlights:

  • Fully operational, income-generating asset

  • High demand for commercial leasing

  • Expansion potential (e.g., rooftop lounge)

  • Significant capital appreciation upside

  • First-mover advantage in an undersupplied market

Secure a landmark asset in the heart of Zanzibar’s tourism boom.

  • Address zanzibar
  • City Zanzibar
  • State/county Zanzibar
  • Zip/Postal Code 72311
  • Country Tanzania

Details

  • Price: $1,999,999
  • Property Size: 1,177 sqm
  • Land Area: 1,785 sqm
  • Rooms: 26
  • Property Type: Mixed Use
  • Property Status: For Sale

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Naimah Kunambi
  • Naimah Kunambi

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