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Map of Murray Highway, 5 mile, Port Moresby, NCD

Apartment for Sale in 5 mile

Murray Highway, 5 mile, Port Moresby, NCD

K20,000,000Leased — no longer available

Listed 4 years, 2 months agolast updated 2 years, 1 month agoworth asking whether it is still availableUrgent Sale

Floor 2

From the agency

About this property

Lakatoi Apartments

Located in 5-Mile, opposite Jack Pidik Park on the Hubert Murray Highway, is Lakatoi Apartments. Conveniently close to Boroko. Take advantage of this property, located in a prime residential area, with benefits to nearby amenities, Business Houses, Schools and sporting venues. With its ideal location, and the versatility to what can be archived, is unlimited.

The large compound comprises of 20 units, each with two bedrooms and one bathroom, along with a private front court. All units are currently undergoing full refurbishments. With saying that, the property has so much potential for investment and development.

Market intelligence

What homes here sell for

This home is no longer on the market — so here is what the 34 Apartments and Condos for Sale in Port Moresby ask today

5 mile has only 1 of this kind listed, so this compares against Port Moresby.

K1.6MDistrict median
K1.1M–K2.6MThe middle 60%
34Listings in this market

The seller has not published a price, so this page says so rather than hiding the row. What it can give you is the ground you are negotiating on: across the 34 Apartments and Condos for Sale in Port Moresby that do publish one, the median asks K1,600,000 and the middle 60% ask between K1,060,000 and K2,640,000.

34 of 34 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 34 in Port Moresby →

The home

What this offers

Features

Backup ElectricityBackup WaterClose to Health CentresClose to ParklandsClose to SchoolsClose to ShopsClose to TransportFencedFully FurnishedGardenGas EnabledHot Water SystemLawnPolished Timber FloorsQuiet LocationSolar Hot WaterStorage Area

Amenities

BalconyBalcony/Patio/TerraceCourtyardInternal LaundryLaundryLiving AreaSecure Parking

Security

Fully FencedGated CommunitySafe24 Hour SecuritySecurity LightsSecurity Windows

Views

Views
Property typeApartment
TitleHard Title
Property ID29736
Original IDLakatoi Apartments
Listed4 years, 2 months ago
Updated2 years, 1 month ago

The neighbourhood

Location

Murray Highway, 5 mile, Port Moresby, NCD

The money

Plan the purchase

Typical bank terms to start from — drag them to your own

K6,000,000
9%
7 yrs
K225,247a month over 7 years

An indicative repayment at the deposit, rate and term you set here. It is not an offer, and it leaves out bank fees, insurance and transfer tax.

K20,000,000