, Konedobu, Port Moresby, NCD

Property Overview:
We are pleased to present an exceptional investment opportunity in the heart of Konedobu. This well-maintained property features a total of 8 rental units, comprising 6 spacious 2-bedroom units and 2 cozy 1-bedroom units, all situated within a secure compound. This fully tenanted property generates an impressive monthly rental income of approximately K30,000, making it a lucrative addition to any investment portfolio.

Property Details:
- Location:* Konedobu, a highly sought-after area known for its accessibility and vibrant community.
- Unit Composition:
- 6 x 2-bedroom units
- 2 x 1-bedroom units
- Monthly Rental Income: Approximately K30,000
- Total Asking Price: K1.6 million (negotiable)
- Security: The property is located within a secured compound, providing peace of mind for tenants and ensuring a safe living environment.

Investment Highlights:
- Fully Tenanted: The property is currently fully occupied, ensuring immediate cash flow for the new owner.
- Strong Rental Demand: Konedobu is a popular area with consistent demand for rental properties, making this an attractive investment.
- Potential for Growth: With ongoing developments in the region, there is potential for rental increases and property appreciation over time.
- Low Maintenance: The property has been well-maintained, reducing the likelihood of unexpected expenses.

Location Benefits:
Konedobu is strategically located, offering easy access to essential amenities, including schools, shopping centers, and public transport. Its proximity to the city center enhances its appeal to potential tenants, ensuring high occupancy rates.

Conclusion:
This investment property in Konedobu presents a rare opportunity to acquire a fully tenanted, income-generating asset in a prime location. With a competitive asking price of K1.6 million, which is negotiable, this property is ideal for investors looking to expand their portfolio or enter the real estate market.

Don’t miss out on this fantastic opportunity! For more information or to schedule a viewing, please contact us today.