14 Bed, 2 Bath House for Sale in Gerehu
Gerehu, Port Moresby, NCD
For saleK850,000POA
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
Price: K850,000.00
Property Overview
Property type: House
Property ID: 1652
Original ID: 1492316
Listed: 11/02/2017
Updated: 07/08/2021
Features
BathClose To TransportFormal LoungeFurnishedPet Friendly
RenovatedSafeSecure ParkingSecurity Lights
Agency and Location Profiles

Century 21 Siule Real Estate Head Office
For Sale
158 Homes
For Rent
229 Homes
Area
NCD
Agent
25
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Gerehu
Buy
$715K - $2M
Rent
$0 - $0
For Sale
39 Homes
For Rent
24 Homes
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Loan Calculator

30%
%
years
K9,573/month
Property PriceK850,000
InterestK209,132
TotalK1,059,132