14 Bed, 2 Bath House for Sale in Gerehu

Gerehu, Port Moresby, NCD

Sale priceK850,000
14Bedroom
2Bathroom
1Floors

S6618 - Investment property on sale - C21

This property consists of 14 rooms on the top floor and 8 rooms on ground floor totalling 22 units with common kitchen, laundry, shower/ toilet and dining area. Current landlord meets the cost of electricity, water, up-keep of the common areas, Hitron (only in the dining area) and security. Extras landlord provides are a bar-fridge and TV monitor in the 8 units downstairs only. Each unit on the top floor is fetching K200 per week while the units at the bottom are fetching K225 per week each. Property is fully tenanted with and annual income of K239,600.00. Vendor has just dropped the price from K1.8 million to K850,000.00.

Price: K850,000.00

Property Overview

Features

BathClose to TransportFormal Loungepetfriendly
RenovatedSafeSecure Parking

Amenities

Fully Furnished
Security Lights

Agency and Location Profiles

Century 21 Siule Real Estate Head Office

Century 21 Siule Real Estate Head Office

For Sale

For Sale

697 Homes

For Rent

For Rent

342 Homes

Area

Area

NCD

342

Agent

31

Gerehu

Buy

Buy

$230K - $1M

Rent

Rent

$5K - $5K

131

For Sale

131 Homes

For Rent

For Rent

69 Homes

Loan Calculator

BSP Bank
30%
%
years
K9,573/month
Property Price
K850,000
Interest
K209,132
Total
K1,059,132

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