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residential House for sale in Gerehu ID 30794
For Sale

Opportunity Awaits: Run-Down House for Sale in Gerehu Stage 3

Gerehu, Port Moresby, NCD

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  • Experience the unique opportunity to transform a diamond in the rough into a shining jewel with this expansive property in the vibrant suburb of Gerehu Stage 3, Port Moresby, Papua New Guinea. For sale at a remarkable K550,000, this property offers a substantial area of 450 square meters - ample room for a creative vision that could mold it into a contemporary residential haven, a lucrative commercial set-up or a high-yielding multi-unit complex. The property's strategic location is one of its most significant advantages. Nestled amidst essential public amenities like schools, shopping centers, and medical facilities, and having easy access to transportation links, it truly embodies convenience at its finest. Balancing both residential calm and urban accessibility, it caters flawlessly to a multitude of living and lifestyle needs. In addition, this particular property sale presents an exciting opportunity for astute investors and developers due to its urgency. With a clear title on hand, the acquisition process is streamlined, facilitating a swift and smooth transaction. Furthermore, Gerehu Stage 3 is in the throes of rapid development, promising prospective owners the chance to leverage increasing property appreciation and rental market growth. Tapping into the potential of this property could be the key to unlocking significant long-term financial growth. So why wait? Dive in, seize this golden opportunity, and let your vision sculpt this prime real estate into a lucrative investment prospect. Connect with us today for more detailed information and to arrange a viewing.

K550,000

The real estate market in this region offers a diverse range of properties, catering to varying personal preferences and budgets. Potential homeowners have an assortment of choices, from charming traditional homes to modern architectures, from compact condominiums to expansive properties with vast acreage. This area suits a variety of lifestyle needs with properties located near downtown hustle and bustle for those who prefer an urban setting as well as more tranquil suburban localities for those who cherish quiet environments. There are several homes with beautiful mountain views, some near serene hiking trails and others that are waterfront properties providing stunning views of the water. In terms of investment, the real estate market here has consistently delivered solid returns over the years, thanks to a thriving local economy, improving infrastructure, quality schools, and efficient healthcare facilities. Whether the potential buyer is an investor looking for high ROI properties, a first-time homeowner, or someone looking for a luxurious retreat, this area promises to have something for everyone. The local real estate agents are well-versed with the market nuances and regulations, and stand ready to guide interested parties through a smooth purchasing process.