3 Bed, 2 Bath Apartment for Rent in Town
Kermadec Street Sec 24, Lot 15, Town, Port Moresby, NCD
Listed 1 year, 8 months agolast updated 1 year, 8 months agoworth asking whether it is still available
From the agency
About this property
FOR LEASE : Port Moresby's finest apartment is located in Kermadec Street, Ela Beach, Town. (KER)
Port Moresby's finest apartment is located in Kermadec Street, Ela Beach, Town.
32 units of 3 & 2 bedrooms with master ensuites
Modern style lounge with comfortable sofa.
Large kitchen with oven, fridge, dishwasher and microwave oven.
Spacious balcony with excellent views of the Harbour
Clean, safe and fully secured compound with Diplomatic level of security, electric parameter fence, CCTV and 24 hr Security Guards on duty, Australian Security Standards
Safe units with security doors and locksets to all doors within the units
Laundry area and cabinets
Spacious parking area for tenants and visitors
Fully equipped gym
Access to swimming pool with bar, entertainment area with BBQ, fridge and sink
Back up Generator power and standby water tanks
Rental Rate : K3,700 per week + GST
Market intelligence
Where this home sits
From the 73 Apartments and Condos for Rent in Town on the market right now
Weekly renthigher than 50%
cheapest heredearest here
K3,700/wk against a district median of K3,500/wk. The middle 60% of the 73 Apartments and Condos for Rent in Town that publish a rent ask between K2,200/wk and K5,000/wk.
Spacelarger than 18%
smallest herelargest here
100 m² — larger than 18% of the 24 Apartments and Condos for Rent in Town that publish both a price and a floor area. Of the 73 that publish a price, 49 publish no floor area at all. The median is 130 m², and the largest tenth start at 500 m².
Put those two together and the price makes sense: it asks less because there is less of it, not because it is good value for what it is. Per square metre this home works out at K37 a month against a district median of K30, which is above 72% of the 24 Apartments and Condos for Rent in Town that publish both a rent and a floor area. That is 17 of them asking less per square metre than this one, and 6 asking more.
Rent per m² a month, against the district
Every figure here is a monthly asking rent divided by a floor area, across the 24 Apartments and Condos for Rent in Town that publish both.
The wider market
The same measure — monthly rent divided by floor area — across this district, the one above it and the city.
73 of 73 listings carry a price · the per-m² figures use the 24 that also publish a floor area; 49 publish none · These are asking prices on live listings, not sold prices — Papua New Guinea has no public record of what homes actually sell for · See all 73 in Town →
The home
What this offers
Amenities
Security
Features
Views
The neighbourhood
Location
Kermadec Street Sec 24, Lot 15, Town, Port Moresby, NCD
District guide
Port Moresby
Across every residential property in this area, not only this kind. The ranges are the middle 60% of asking prices — the same measure the market figures above use, over a wider set.
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