Investment Property For TENDER SALE

Location: LAE CITY

Property for SALE BY TENDER

The subject property is set on a dual level configurations that contains 2x3 Bedroom Units on the Top level with well maintained living/dining, kitchen and bathroom/toilet/laundry area.
The Bottom level consists of 4x2 Bedroom self contained units and communal laundry area. Carpark area is set on concrete hardstand whilst the back yard is an uneven lawn. The compound has additional back up water tanks and back up power generator.

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 tenders to be sent in a sealed envelope marked TENDER 15/19 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.