30 Bed, 30 Bath Bedsit for Sale in Hohola

Ponderosa Family Hotel Hohola,, Hohola, Port Moresby, NCD

For salePrice On Application
30Bedroom
30Bathroom
1Floors

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.

ACCOMMODATION DETAILS

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

HOTEL FEATURES

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.

Property Overview

Amenities

Air ConditioningBarbeque
Security Lights

Features

CCTV systemGardenGarden ShedintercomPoker machine lounge
SafeSecure PerimeterFully equipped kitchen and cold roomSilenced 300KVA generator

Agency and Location Profiles

PNG Concrete Aggregates

PNG Concrete Aggregates

For Sale

For Sale

2 Homes

For Rent

For Rent

3 Homes

Area

Area

NCD

3

Agent

9

Port Moresby

Buy

Buy

$850K - $5M

Rent

Rent

$1K - $2K

460

For Sale

460 Homes

For Rent

For Rent

1018 Homes

Loan Calculator

BSP Bank
30%
%
years
K3/month
Property Price
K300
Interest
K74
Total
K374