Real Estate Rental Business Seeking Loan in Port Moresby, Papua New Guinea
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 3 thousand |
Run Rate Sales | USD 3 thousand |
EBITDA Margin | 40 % |
Industries | Real Estate Rental |
Locations | Port Moresby |
Local Time | 5:18 AM Pacific / Port Moresby |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Most reliable and affordable rental rooms in Port Moresby NCD.
- Rental options for rooms, and self-contained units.
- Currently, 1 standby water tank available, ensuring 24-hour water supply.
- Electricity is consistent, but a standby generator is not yet in place.
- Ample parking space with round-the-clock security on-site.
- Total room are 3 and 1 self contained unit.
- 30 years of industry experience for promoters.
- Exciting new projects on 43 acres of acquired land.
- Seeking a loan to build a mini-mart, tyre service, and for commercial purposes.
- Prime location near the airport with excellent potential for commercial establishments.
- Anticipated revenue to cover interest payments on the loan.
3 rental rooms and 1 self contained unit in Port Moresby NCD.
Customers are locals.
43 acres of land, 3 rooms, 1 self contained unit with furniture and fixtures.
All our assets are illiquid, hence require funds for expansion.
The 43 acre land and the other property are for 99 year lease with an annual payment of PGK 125.
The area of the self contained unit is 6m*6m, and the rooms are 4m*3m* each.
They are located close to the international airport of Port Moresby NCD.
Sole shareholder.
Self funded business.
No loans or debts.