30 Bed, 30 Bath Apartment for Sale in Hohola
Ponderosa Family Hotel Hohola,, Hohola, Port Moresby, NCD
Ponderosa Family Hotel!
Located on allotment 14, 15 and 19, Section 78, Hohola, Port Moresby, National Capital District, Papua New Guinea, Ponderosa is a well established Family Hotel boasting 36 executive rooms and 48 budget rooms.
Catering to local and international tourists, Ponderosa sprawls across a land area of 0.7511 hectares and will be sold as a going concern. The majority of existing Ponderosa clientele are government departments, corporate businesses (FIFO) and local and international tourists.
Being less than 2 kilometers or 6 minutes away from Jacksons International Airport , the Ponderosa Family Hotel is an ideal and affordable solution for travelers.
36 x Execuve Rooms —Avg Return K350+GST per night.
AT 80% OCCUPANCY POTENTIAL MONTHLY GROSS RETURN K312,480+GST
48 x Budget Rooms—Avg Rental Return K300+GST per night.
AT 80% OCCUPANCY POTENTIAL MONTHLY GROSS RETURN K357,120+GST
POTENTIAL ANNUAL GROSS RETURN AT 80% OCCUPANCY = K8,035,200+GST
70 pax Restaurant and outdoor living Beer Garden with BBQ facilities, Poker machine lounge with 17 poker machines and adjoining bar. It has Secure Perimeter, main gate and walkway lighting throughout. Not to mention Fully equipped kitchen and cold room.
CCTV system in main office, administration and restaurant areas. Silenced 300KVA generator (Cummins engine), beautiful Landscaped gardens with flora and fauna from all over PNG. Large car park with potential for further development.
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