Independence Independence, Lae, Lae, Morobe

Seize this extraordinary opportunity to acquire two prime portions of state land, each with a secure 99-year lease, offering unparalleled potential for growth and development. Spanning a total of 10.01 hectares (100,100 m²), this unique package combines Portion 709 (4.88 ha) and Portion 710 (5.18 ha), strategically positioned within Lae’s thriving industrial sector. Whether you aim to subdivide or embark on large-scale commercial or industrial projects, the expansive size and prime location make this property an unmatched investment.

Situated just 15 minutes from the Port of Lae, this expansive land boasts effortless connectivity to key transport routes, including Lae CBD, Lae Main Wharf, and the Highlands Highway. Nestled within a dynamic industrial hub, you’ll be in good company with major players such as Ela Motors, Lae Biscuit Co., Chemica, and the University of Technology, enhancing the value of your investment. Full statutory services, including PNG Power, Water PNG, and Telikom, are already in place, ensuring the property is ready for immediate development.

With upcoming mining projects set to revolutionize the region, this land is primed for future expansion. Whether you are a seasoned developer or an investor seeking a long-term asset, this property opens the door to endless possibilities for growth. Featuring side access roads and ideally located at the heart of Lae’s industrial landscape, it offers a strategic advantage for businesses looking to establish a dominant presence in Papua New Guinea’s second-largest city.

Tenders close at 4:00 PM on November 29th, 2024. This is your chance to secure a significant piece of real estate with immense future potential. Please note that only tenders submitted on a complete Arthur Strachan Tender Form (astenderform2019), along with supporting financial documents (a letter from a registered PNG Financial Institution), will be considered. Contracts of Sale will be unconditional and “as is where is.” To obtain the Arthur Strachan Tender Form, please email [email protected].

Don't let this incredible opportunity slip away. Contact Paul Duffield or Derek Bacani today to arrange a site inspection and explore the potential of this remarkable property.

https://arthurstrachan.com.pg/files/documents/astenderform2019.pdf