Investment Opportunity - Fully Tenanted Residential Units

K4,000,000 Korobosea, Port Moresby NCD
Property Type : residential

Investment Opportunity - Fully Tenanted Residential Units

Korobosea, Port Moresby NCD
K4,000,000

3 Beds

1 Baths

0 sqm

6 Spaces

Description

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.

Amenities

Balcony/Patio/Terrace
Internal Laundry
Laundry
Living Area
Secure Car Park
Backup Electricity
Backup Water
Close to Health Centres
Close to Parklands
Close to Schools
Close to Shops
Close to Transport
Fenced
Fully Furnished
Gas Enabled
Hot Water System
Polished Timber Floors
Quiet Location
Solar Hot Water
Fully Fenced
Safe
24 Hour Security
Security Lights
Security Windows

Make An Inquiry

Ray Whitchurch
sales.ncd@theprofessionals.com.pg +67578923116

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