Property for Sale

2 Properties found
For Sale
Investment Opportunity - Fully Tenanted Residential Units Korobosea, Port Moresby BlockOfUnits ID (31378) 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.

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