7 Bed, 4 Bath Block of Units for Sale in 7 mile
7 mile, Port Moresby, NCD
Listed 1 week agolast updated 10 hours agoReady to Move In
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.
The property is fully furnished with white and brown goods.
-It has ample car park, and space for further development.
-Land size is 700 sqm
-Asking price is K2.5 million
Hurry whiles it last on the market! As its a rear commodity.
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.
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
Features
Views
Security
The neighbourhood
Location
7 mile, Port Moresby, NCD
The money
Plan the purchase
Typical bank terms to start from — drag them to your own
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.
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