Property Description
Five Mile area is fast developing with the new freeway under construction.
The value of the vicinity would increase; as nearby streets have been sealed complementing new properties been built. It is within this vicinity, that this potential sale is worth the inspection; it’s currently been leased generating an income of K260, 000.00/annum for the 2×3 bedroom and the 2×2 bedrooms generating K52, 000.00/annum; collectively would be K130, 000.00 gross income per annum.
This a must for any investor / developer who would appreciate the returns and capitalize on the demand for units. The property overlooks the new 5mile-6mile freeway; has stonewalling in place, with cemented drive-way and ample car-parking area. With very easy access to Gordons Commercial hub, 6 mile, 5 mile and Boroko areas via Henao Drive, this buy is a must to consider.
Address Map
Papua New Guinea
National Capital Distric
National Capital District, Papua New Guinea
E147° 12' 50.8''
S10° 33' 44.3''
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3 Bedroom Apartment

National Capital District, Papua New Guinea

3 Bedrooms
1 Bathrooms
0 Sqft
Listing ID #18211
Basic Details
Property Type : Apartment
Listing Type : For Sale
Listing ID : 18211
Price : US$772,203
View : Garden
Bedrooms : 3
Bathrooms : 1
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 0
Lot Area : 0 Sqft


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