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Map of 7 mile, Port Moresby, NCD

7 Bed, 4 Bath Block of Units for Sale in 7 mile

7 mile, Port Moresby, NCD

K2,500,000K12,500per m² grossK3,571per land m²Priced lower than 82% of homes here

Listed 1 week agolast updated 10 hours agoReady to Move In

7 bedrooms4 bathrooms200 m² floorFaces E/SFloor 2

From the agency

About this property

Investment property for sale at Kennedy Estate

Looking for investment property with immediate returns? Well, here we have this ideal investment property for sale at Kennedy Estate.

Property consist of a huge 3 bedroom with master ensuite on the top level, fully airconditioned, currently owner occupies.
The bottom dualling consist of 2 x 2 bedroom self-contain units, constructed with brick and concrete, the interior is fully tiled and its very spacious.
Two bottom units are tenanted, generating K8,000 monthly or K96,000 per annum. Should the new owner decides to lease the top unit as well, it can easily fetch in K7,000- K8,000 monthly boosting the return on investment up to K192,000.00 annually.

Market intelligence

Where this home sits

From the 29 Block of Units for Sale in Port Moresby on the market right now

Asking pricehigher than 18%

cheapest heredearest here

K2,500,000 against a district median of K4,500,000. The middle 60% of the 29 Block of Units for Sale in Port Moresby that publish a price ask between K2,720,000 and K7,470,000.

K4.5MDistrict median
K2.7M–K7.5MThe middle 60%
29Listings in this market

K2,500,000 is priced lower than 82% of the 29 Block of Units for Sale in Port Moresby that publish a price. The median asks K4,500,000, and the middle 60% ask between K2,720,000 and K7,470,000.

29 of 29 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 29 in Port Moresby →

The home

What this offers

Amenities

Air ConditioningDeckLaundryLiving AreaPay TV Enabled

Features

Cable TVClose to ShopsFencedFully FurnishedGas Enabled

Views

City Views

Security

Fully FencedSafeSecurity Lights
Property typeBlock of Units
TitleHard Title
Property ID32145
Listed1 week ago
Updated10 hours ago

The neighbourhood

Location

7 mile, Port Moresby, NCD

The money

Plan the purchase

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

K750,000
9%
7 yrs
K28,156a 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.

Keep looking

Similar Block of Units in Port Moresby

Live listings the portal ranks closest to this one — prices as listed today

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K2,500,000