Building a place that makes it easy to create the home you have always imagined. Premium low to medium density stands in the City of Kings!
Bulawayo has a rich, well-documented cultural heritage that is embodied in its brand as the City of Kings. And on that backdrop, Radar Holdings Limited, through its Property development unit, Radar Properties is building a city within a city, an upmarket premium residential estate known as Kings City. The estate is a 2000 hectare multi-use property with potential for over 9000 low and medium- density residential stands. Located only 8km from Bulawayo city center, Kings City is perfectly placed for accessibility to existing local amenities such as NUST University, Petra College, Christian Brothers College, School of Mines, and several others.
The planning for Kings City speaks to its high standards and vision. It is designed to support its community of residents through commercial property that will enable the construction of business facilities, shopping areas as well as recreational spaces. There is also provision for industrial property and social amenities within the estate. This naturally opens up opportunities for corporates and real estate investors to build corporate structures, shopping complexes, and recreational facilities that bring an extra layer of convenience and experience to the estate. Radar Properties extends the invitation to corporate players and banks alike to take advantage of the 14 commercial stands covering a total of 41 hectares, 60 institutional stands totaling 247 hectares in size, and426 hectares dedicated to light industrial property development.
Radar Properties has to date invested upwards of US$3.5 million in servicing more than 500 low-density residential stands excluding the value of the land itself. Focus currently is driven towards rolling out the medium-density phase with residential stands ranging from 600 to 1 000 square meters. This is an exciting development that should satisfy the increasing need for smaller stands evidenced by the number of inquiries against them. Currently on offer are low-density residential stands starting from 2000m² going up. The development has seen speedy progress with almost 500 fully serviced stands being developed in just over a year at premium market standards. Radar Properties has ensured of this consistent with their vision through several measures that serve to establish the quality, upmarket standard and consistency in the long term. There are systems built into the development processes and architecture recommended to homeowners as well as an architectural committee that oversees the standard for homeowners.
There are also synergistic partnerships that have been formed to facilitate development and ease of business on the customer’s end as well as compliance. The contractor of the project is APG Contractors while conveyancers are Kantor & Immerman. Radar Properties has gone the extra mile in ensuring a seamless customer experience for both local and diaspora clients through their partner Ore And Tar building a network of touchpoints to simplify communication and availability of information and digitization.
To fully realize the vision, there are provisional house plans that will be availed to set the standard for homeowners. These, together with the architectural committee should serve as a benchmarking index for quality builds commensurate with the royal building standards expected within the estate. The generous stand sizes offer an opportunity for every homeowner to fully express themselves with quality interior and exterior spaces. Combined with provisional plans and architectural guidelines, the building standards are a direct conveyor towards an upmarket, prestigious real estate investment that continues to grow in value for all stakeholders.
Homeowners in Kings City also beneft from brick supply advantages that are created by the connection between Radar Properties and Macdonald Bricks. The two companies are both operated by Radar Holdings Limited and this should enable them to anticipate construction requirements in the development and allow homeowners preference in procuring the much-needed construction element. There is also a recommended supplier list to enable homeowners access to high-quality construction materials across the board. To enable access to a wider customer base, inline with their vision of providing affordable property solutions, potential homeowners can purchase land within Kings City on practical terms that allow for a minimum deposit of 10% with the balance payable over 18 months. This naturally avails the opportunity of premium property to a much wider group at a lower investment value, which is a unique proposition. The stands are well priced at only $13.65 per square meter which should see a standard 2000 square meter stand going for a reasonable price of $27 300, a bargain when compared to the standard market rates in most developments around the country.
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Jonathan Thompson is the founder and director of Thompson Properties (Pvt) Ltd. He grew up in the United States of America, working at his own businesses from the age of 11 years old. He loves business and has always excelled at sales. Jonathan worked in construction industry from the age of 16, and throughout his time at university. Shereen Thompson, a director of Thompson Properties, was born in Zimbabwe, before living in the United States for 13 years. She attended university in Rhode Island, where she met Jonathan. After university the two were married in Mwenezi, Zimbabwe in 1990.
From 1990-1999, Jonathan and Shereen Thompson managed an apartment complex in Tulsa, Oklahoma. In that time, the complex hit record occupancy rates and rental collection rates. While working at Utica Manor, Jonathan started Thompson Imports, an import/export company. Jonathan and Shereen Thompson moved to Zimbabwe full time in 1999. They worked together in Chipinge as the pastors of Chipinge Community Church. They spent time with local orphanages and ran feeding programs for the needy.
In 2006, they moved to Bulawayo where they opened businesses and assisted churches and orphanages. In 2011, Jonathan began working for R.E.D. Property. While there, Jonathan was the leading sales person each year. Jonathan re-built R.E.D. Property’s property management portfolio.
He then opened R.E.D’s second Real Estate branch in Ascot, Bulawayo, and then later their third branch in Bradfeld.He passed the EAC (Estate Agents Council) Real Estate exams in 2014. He became a Registered Agent with EAC in February 2015, with the Registered Agent’s number of #916.The Thompsons are optimistic about Zimbabwe’s future, and want to help others in securing that bright future.
Thompson Properties (Pvt) Ltd opened its doors on the 1st of June 2016. Thompson Properties was founded on the principles of specialization and excellence. Unlike other frms, there was the conscious decision to limit the areas of Real Estate that the company would participate in, to sharpen its focus and to excel in its performance. With this concept, Thompson Properties decided to pinpoint on the areas of Property Development and Property Management. We felt like these two areas were generally neglected in the Bulawayo area. In a short time the company has hit targets that far exceed the average in Bulawayo, both in occupancy and in rental collection. Thompson Properties has worked with a local development called “Hopeville”. “Hopeville” has an amazing public image, and has surpassed the expectations that public generally has for property developers.
We are proud to work with Hopeville, assisting with this quality development. Thompson Properties believes in the principles of hard work, integrity, honesty, and customer relationships. Being exposed to the industry in Zimbabwe as well as in the frst world has given Thompson Properties the unique ability to work locally, but with the mind-set to expect frst world customer service and quality. Our goal is to deliver above and beyond our client’s expectations.
To assist families in achieving secure futures through the obtaining of Real Estate, by creating property opportunities for everyone, where families can secure a place for themselves and for their children.
To become the leading positive influence on the Real Estate Industry in Bulawayo, Zimbabwe, and throughout Southern Africa
We believe that there is nothing more important than a good name and a great reputation.
We believe that business, frst of all, is about people.
We believe in working smarter.
We strive to deliver all that we promise.
We believe that anything we do, can be done better.
We believe that hard work and effort will always achieve results.