Chiyangwa’s US$75 000 houses

chiyangwa_phillipHARARE - Prominent business mogul, Phillip Chiyangwa (pictured), is selling three bedroomed houses at his Pamvura Sunset Bluff Hill cluster development for a staggering US$75 000, The Zimbabwean can reveal.

The properties are being sold under Chiyangwa’s Pinnacle Property Holdings Limited (Pinnacle) which the goon intends to list on the lacklustre Zimbabwe Stock Exchange (ZSE).

However, according to an advert appearing in the local press, customers can get the same house for a cash price of US$60 000 at a time when most Zimbabweans are seriously cash-strapped. Civil servants desperately need accommodation in Zimbabwe because the government stopped building houses and flats for them, but on a monthly salary of US$130 none could afford these prices.

A sales lady for Pinnacle this week told The Zimbabwean that terms include US$75 000 with a deposit of $25 000 and the balance over six months.

“The houses are still available,” she said in an interview. “The development at The Grange known as Chisora Village is also available.”

Chisora is the first name of one of Chiyangwa’s sons.

Post published in: Mining

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