Investment Property For TENDER SALE

Compound for Tender Sale

Still Open for Tender is this fantastic property off main Karius road, Gabutu. The subject property is located in a desirable high cost residential area of Gabutu within walking distance to shops, schools, churches and bus-stops and is less than 10 minutes-drive to Badili Industrial area, Koki Market & shops and to Down-Town Central Business District.

The property features an approximate 302 square meters 2 level 2X3 Bedrooms high cost residential units and 202square meter Office/self–contained Building plus other Improvements and situated on 800 square meters of residential allotment.

The sale is on “as is where is” basis. The highest or any other tender need not necessarily be accepted. Bidders are advised to inspect the property prior to submitting their offer. The successful tenderer must provide evidence of finance being available and will be required to
1. Pay the 10% deposit within Fourteen (14) days notification by Budget Real Estate Limited of acceptance of tender.
2. Enter into Contract of Sale under usual terms and conditions within fourteen (14) days of the contract being provided to the successful tenderer, failing which the deposit may be forfeited.
3. Pay the balance of the purchase price upon completion in cash or by Bank
Cheque.

All written tender offers to be sent in a sealed envelope marked TENDER 3/19 to the address below or hand delivered to the office of Budget Real Estate, Lawes Road
Terraces, Section 34 Allotment 20 Lawes Road, Granville, Port Moresby.