2 Bed, 1 Bath Block of Units for Sale & Rent in 5 mile

A solid income-generating investment opportunity located in a well-established neighborhood in 5 Mile, Port Moresby. The property sits on 0.090 hectares of land and features a fully furnished 3-unit duplex setup, making it ideal for investors seeking steady rental returns.

The property is fully tenanted, providing immediate income from day one.

Property Features
• Land Size: 0.090 Hectares
• 3 Units in total
• Unit 1 & 2 – 2 Bedroom Units
• Unit 3 – 3 Bedroom Unit
• Fully Furnished
• Backup Generator, Water & Security
• Fully Tenanted

📍 Prime Location
Only 2 minutes walking distance to Port Moresby Business College, with easy access to nearby shops, schools and public transport.

Investment Snapshot
• Current Rental Return: K204,000 per year
• Asking Price: K3,200,000 (ONO)
• Return on Investment (ROI): approx. 6.38% per annum

This property offers stable rental income with long-term investment potential in one of Port Moresby’s established residential areas.

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