PORTION 100 SECTION 242 - LAE

Ideal Investment Opportunity for Superannuation Fund, Landowners Groups,

Mining Contractors and Property Investors.

• Property currently consists of:
• Total Land Area: 8806sqm2
• 20 x 3 Bedroom Townhouses (Units)
• Units are furnished.
• Playground for Children,
• Security Fenced, Security Guard House,
• Fire Hydrants Installed,
• Current Rental Income:- K684,000.00 Per Annum - Occupancy 95%+ Per Annum
• Land Lease: 25th of June 1980 (99yrs)
• Zoning: Residential
• Separate Ezipay Meters Installed, Separate Water Meters Installed,
• Land Tax: K730.00 Per Annum
• Land Rent: K1,250.00 Per Annum
• Further Development Opportunities (Vacant Land)
• Ideal for middle management staff
• Secure Undercover Parking
• Open Plan Living
• Walking Distance to Schools - IEA, Lae High
• Walking Distance to Shopping Centers - Andersons, Pelgens, Papindo

Price: K6.2 Million

Location Map - PDF

Improvements are subject to GST.

For Inspection please contact Paul Duffield, Oswald Duncan or Joe Tupana

Phone: 675-4721255, Fax: 675-4721103, Email: sales@arthurstrachan.com.pg ,