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residential House for sale in Tokarara ID 29622
For Sale

PROPERTY ON SALE- K750,000 Section: 139 Lot: 65 Tokarara: Port Moresby

Tokarara, Port Moresby, NCD

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  • Welcome to Utuma Place Tokarara, a suburban sanctuary situated in the heart of Port Moresby, Papua New Guinea, offering an enviable lifestyle for a reasonable renting price of K800,000. This three-bedroom standalone house is nestled in a safe, secure, and serene neighborhood, making it an ideal place to raise a family. Location is vital, and this property is strategically positioned opposite Tokarara clinic and within walking distance to several significant amenities such as the Tokarara market, the bus stop, Tango shopping mall, and local schools. There's even a fuel service station and the vibrant Waigani market just a short drive away. Koura Way provides easy and sealed access to this property. This home offers excellent flexibility for its occupants. The current layout includes three bedrooms, a multi-use storage room that could easily be converted into another bedroom, a functional kitchen, and a bathroom. A welcoming verandah, connected to the main staircase, enriches the appeal of the house. But the star attraction is the expansive yard, a blank canvas promising endless potential for green-fingered tenants or savvy investors seeking to maximize outdoor living or planning for further improvements. This home represents a golden opportunity in the property market for first-time homebuyers and investors alike. Don't miss the chance to secure convenience, potential, and desirability in one package. Seize the opportunity — book your viewing today!

K800,000

In terms of residential real estate prices in Papua New Guinea, the price range currently stands between K800,000 and K3,500,000, encompassing a total of 170 properties. The median property price in this market segment is approximately K1,500,000. If we look at the types and characteristics of properties that are most popular, they are predominantly houses, apartments, block of units, and vacant lands. It is observed that these properties are in close proximity to schools, shops, transportation options, and are also generally fully fenced. Most of these homes tend to have around 3 to 4 bedrooms, with the three-bedroom configuration being the most commonly sought after in Papua New Guinea. On the amenities side, these properties frequently offer 1 to 2 bathrooms and provide an average of 2 parking spots each. As for property orientation, the majority of homes in this region favour a south-west exposure, however, north-east and south-east facing properties are also available. In terms of property size, residential assets in Papua New Guinea generally have an average floor area of about 111 square meters. The smallest properties start from approximately 100 square meters, increasing up to a sizable 216 square meters at the upper range. Please note that the most recent property listing was uploaded as recently as 1 day and 21 hours ago. Furthermore, several different agencies are operating in this area, among which DAC Real Estate Head Office and Professionals Real Estate are the most prominent. These details provide a comprehensive understanding of the real estate market scenario in Papua New Guinea, particularly in the residential segment, offering insights that are essential for potential investors and homebuyers.