Gordons 5, National Capital District , Papua New Guinea

MLS#: 4765770

$1,361,752 USD

PGK5,500,000

Type
Apartment
Bedrooms
3
Bathrooms
2
The details

Property features

Date Updated: Oct 1, 2022

Other features

Property features
Balcony
Storage Space

Area

Bedrooms
3
Bathrooms
2
Total rooms
5

Description

Ideally located in one of the most desirable residential suburbs of Port Moresby, are these 8 x 3 bedroom well-presented residential apartment block meets the requirements of most executive residential units. The property also comes with a 1x 1 bedroom standalone unit (Currently used as an office). All units are fully furnished with basic white goods and furniture and have air conditioning installed. Each unit has undercover parking for 2 vehicles and the compound comes with back-up water and power facilities. Also available on the property is a 1 bedroom unit that can serve as an onsite office or residence for a caretaker. Given the complex’s current affordable rental rates and the fact that it is always fully tenanted there is room for an increase to bring the rates in line with the current market conditions. This property has the potential to be a vital part of any serious investor’s investment portfolio.

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Location

Gordons 5, National Capital District , Papua New Guinea
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