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Map of 2 Mile, Port Moresby, NCD

Commercial Land for Sale in 2 Mile

2 Mile, Port Moresby, NCD

K12,000,000K1,448per land m²Asks more than 80% of the land herePriced as a whole parcel

Listed 3 years, 5 months agolast updated 3 years, 5 months agoworth asking whether it is still available

8,290 m² land

From the agency

About this property

Prime Commercial Land Along Main Road 2 Mile

This commercial land has:

* 8290sqm of usable space for commercial use,
* NCDC approval for commercial development,
* is accessible to main freeway and all amenities,
* great location for service station, security base, motel or an opportunity for landbanking for future use.

Market intelligence

Where this parcel sits

From the 40 Land for Sale in Port Moresby on the market right now

2 Mile has only 2 of this kind listed, so this compares against Port Moresby.

Asking pricehigher than 80%

cheapest heredearest here

K12,000,000 against a district median of K3,600,000. The middle 60% of the 39 Land for Sale in Port Moresby that publish a price ask between K1,500,000 and K11,850,000.

K3.6MDistrict median
K1.5M–K11.8MThe middle 60%
40Listings in this market

K12,000,000 sits above 80% of the 39 Land for Sale in Port Moresby that publish a price. The median asks K3,600,000, and the middle 60% ask between K1,500,000 and K11,850,000.

39 of 40 listings carry a price · These are asking prices on live listings, not sold prices — Papua New Guinea has no public record of what homes actually sell for · See all 40 in Port Moresby →

The home

What this offers

Views

Sea / Ocean Views
Property typeCommercial Land
TitleHard Title
Property ID30240
Listed3 years, 5 months ago
Updated3 years, 5 months ago

The neighbourhood

Location

2 Mile, Port Moresby, NCD

The money

Plan the purchase

A repayment schedule at whatever terms you set. The defaults are this site's standard residential ones, not a quote for land.

K3,600,000
9%
7 yrs
K135,148a month over 7 years

The deposit, rate and term this starts from are the standard residential settings this site uses on every sale listing. No lender has quoted them for a land purchase, and land is financed case by case. Treat the figure as arithmetic on the terms you type in, not as an offer, and it leaves out bank fees, insurance and transfer tax.

Keep looking

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K12,000,000