2 and 3 bedroom apartments available for sale immediately!

2 and 3 bedroom apartments available for sale immediately. Fully furnished with white goods!

Located on allotment 10, Sec on 14, Bombax Street, Hohola, Port Moresby, National Capital District, Papua New Guinea, Buena Vista Apartments were built in 2008 on a land area totaling 0.2056 hectares. Buena Vista is a brick structure comprising of 3 floors with 21 well-appointed apartments. Buena Vista will be sold as a going concern. The majority of the existing Buena Vista clientele are corporate tenants. The surrounding area of Waigani boasts some of the city’s latest constructions such as the Hilton Hotel (star Mountain project), The BSP Bank new head office, The Holiday Inn Express, Vision City Mall and Sir John Guise Sports Stadium all within 2 kilometers. This is a very central and convenient location.

ACCOMODATION DETAILS
• 9 x 2 bedroom apartments—Avg Rental Return K1,800+GST per week.
• 3 x 4 bedroom apartments—Avg Rental Return K2,400+GST per week.
• 9 x 3 bedroom—Avg Rental Return K2,200+GST per week.

POTENTIAL MONTHLY GROSS RETURN K187,200+GST

POTENTIAL ANNUAL GROSS RETURN K2,246,400+GST FEATURES

• Esi Pay meters for each unit plus common area meter
• Silenced 300KVA generator (Cummins engine)
• Perimeter lighting with daylight switches
• Security guard tower and office with CCTV system.
• Trim deck fence line with Razor wire surround
• Landscaped gardens containing plants from all over PNG.
• Large car park with lots of potential for further development. WHITE AND BROWN GOODS

Each unit is fully furnished with brown and white goods including:
• Electric 4 point stove and range hood.
• Microwave Oven
• Washing machine and tumble dryer
• 3 piece lounge suite and coffee table
• Dining table and chairs
• Single/Double beds in each respective bedroom