Call Agent - Ponderosa Family Hotel!

Ponderosa - Allotment 14, 15 & 19 Section 78 Hohola,, Hohola, Port Moresby, Papua New Guinea

Jenny Melecio
72474240

Joe Holloway
72474240

Ponderosa Family Hotel!

Price On Application

  • 30
  • 30

residential

Ponderosa - Allotment 14, 15 & 19 Section 78 Hohola,, Hohola, Port Moresby, Papua New Guinea

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 Information

  • Property Type: Residential
  • Beds: 30
  • Baths: 30
  • Property ID: 773
  • Original ID: 3337248
  • Price: Price On Application
  • Floors: 1

Property Features

  • Barbeque
  • CCTV system
  • Fully equipped kitchen and cold room
  • Garden
  • Poker machine lounge
  • Secure Perimeter
  • Silenced 300KVA generator

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Location Profile

Port Moresby

  Port Moresby Overview Port Moresby is the capital of Papua New Guinea (PNG) and is the largest city in the Pacific Islands outside of Australia and New Zealand. It is located on the south-eastern coast of the Papuan peninsula on the shores of the Gulf of Papua on the island of New Guin...

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Property Price

K8035200

Deposit

K2410560

Rate (APR)

7%

Term

30 years

Repayment K500 / week

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Ponderosa Family Hotel!

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