Real Estate Rental Business Seeking Loan in Port Moresby, Papua New Guinea
Experienced promoters seeking loan to develop 43 acres of land into commercial units near airport.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 2.9 thousand |
| Run Rate Sales | USD 2.9 thousand |
| EBITDA Margin | 40 % |
| Industries | Real Estate Rental |
| Locations | Port Moresby |
| Local Time | 8:51 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
24 thousand
for
10.0%
annual interest,
6
years
(Native Currency: PGK 100,000)
Reason: Development of land into a commercial unit.
Collateral Available: USD 72 thousand
Includes physical assets worth
USD
2.4 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Land Deed
(45.1 KB)
Land Title
(1.3 MB)
Business Overview
- 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.
- 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.
Products & Services Overview
3 rental rooms and 1 self contained unit in Port Moresby NCD.Customers are locals.
Assets Overview
43 acres of land, 3 rooms, 1 self contained unit with furniture and fixtures.All our assets are illiquid, hence require funds for expansion.
Facilities Overview
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.
Capitalization Overview
Sole shareholder.Self funded business.
No loans or debts.
Tags:
Newly Established Real Estate Rental Business Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Newly Established Real Estate Rental Business in Port Moresby, Papua New Guinea
·Newly Established Real Estate Rental Business Seeking Loan
·Lend to Newly Established Real Estate Rental Business
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