Available
Tenders Open

3 Bed, 1 Bath Block of Units for Sale in Korobosea

Korobosea, Port Moresby, NCD

For sale
K4,000,000Tenders Open
3Bedroom
1Bathroom
1257Land Area (m²)
SFacing
1Floor Level

Investment Opportunity - Fully Tenanted Residential Units

Secure a quality income-producing investment in one of Port Moresby's most sought-after residential locations. This well-maintained property comprises a block of four residential units, featuring two spacious 3-bedroom units and two comfortable 2-bedroom units, all fully tenanted under corporate lease agreements, providing immediate and reliable rental income.

Solid construction well maintained, the property also includes a self-contained domestic quarters and storage rooms with excellent potential to be converted into additional income-generating accommodation, further enhancing the investment return.

The property is fully secured with a perimeter fence and is equipped with a 25 KVA standby generator, reserve water tanks.

Ideally positioned in a highly desirable location, the property is within close proximity to Korobosea International School, Port Moresby General Hospital, and is only five minutes from the Boroko CBD, offering exceptional convenience for corporate tenants.

Property Features
* Block of four residential units - 2 × 3-bedroom units and 2 × 2-bedroom units
* Fully leased to corporate tenants
* Self-contained domestic quarters & storage rooms with potential for conversion into additional rental units
* 25 KVA standby generator
* Reserve water tanks and pressure pump
* Secure, fully fenced compound
* Solid construction and excellent condition
* Prime location close to schools, hospitals, shopping, and business districts

This is an outstanding opportunity for investors seeking a quality asset with established rental income, strong tenant appeal, and future value-add potential.

Inspection by appointment only. Contact us today to arrange a viewing and receive further investment information.

Property Overview

Features

Backup ElectricityBackup WaterClose to ParklandsClose to SchoolsClose to ShopsClose to TransportFenced
Fully FurnishedGas EnabledHot Water SystemQuiet LocationSolar Hot WaterClose to Health CentresPolished Timber Floors

Amenities

Balcony/Patio/TerraceInternal LaundryLaundry
Living AreaSecure Car Park

Security

Fully FencedSafe24 Hour Security
Security LightsSecurity Windows