Rented Commercial Property for Sale in Honiara, Solomon Islands
Owned Honiara real estate portfolio generating rental income, with a 9‐unit residential complex for sale.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 700 - 800 thousand |
| Run Rate Sales | USD 750 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Commercial Real Estate + 1 more |
| Locations | Honiara |
| Local Time | 7:48 AM Europe / London |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
9 million
(Native Currency: USD 9,000,000)
Reason: The business is being offered for sale due to family reasons and the promoter’s retirement plans.
A...
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Includes physical assets worth
USD
9 million
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Business Name
Not disclosed
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Documents
Business Registration Certificate
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Business Overview
• Real estate business owning multiple properties, including a commercial building, a warehouse and a residential property in Honiara, generating stable rental income.
• All properties are fully owned and operated under a valid city council license.
• Operations supported by contract-based employees.
• Promoter is currently based in the UK, with on-ground assets already leased or ready for monetization.
Property 1 – Commercial building:
• Mixed-use commercial property comprising retail shops, offices, conference rooms, hotel space, and parking.
• Hotel located on the third floor with offices on the ground floor.
• Built-up area of approximately 1,560 sq. ft.
• Generates around USD 55,000 in monthly rental income.
Property 2 – Residential apartment complex (newly constructed):
• Four-floor residential building with 9 units: two 2-bedroom flats, five 1-bedroom flats, and two studio apartments.
• Total built-up area of approximately 720 sq. meters.
• Ready for immediate sale or leasing.
• Potential rental income of approximately USD 22,000 per month.
Property 3 – Warehouse:
• Large warehouse facility with a built-up area of approximately 2,600 sq. meters.
• Currently leased to a corporate tenant.
• Generates rental income of around USD 7,500 per month.
• Lease terms across all properties are set at two years, extendable. The lease agreement includes a three‑month notice period for vacating the premises.
• All properties are fully owned and operated under a valid city council license.
• Operations supported by contract-based employees.
• Promoter is currently based in the UK, with on-ground assets already leased or ready for monetization.
Property 1 – Commercial building:
• Mixed-use commercial property comprising retail shops, offices, conference rooms, hotel space, and parking.
• Hotel located on the third floor with offices on the ground floor.
• Built-up area of approximately 1,560 sq. ft.
• Generates around USD 55,000 in monthly rental income.
Property 2 – Residential apartment complex (newly constructed):
• Four-floor residential building with 9 units: two 2-bedroom flats, five 1-bedroom flats, and two studio apartments.
• Total built-up area of approximately 720 sq. meters.
• Ready for immediate sale or leasing.
• Potential rental income of approximately USD 22,000 per month.
Property 3 – Warehouse:
• Large warehouse facility with a built-up area of approximately 2,600 sq. meters.
• Currently leased to a corporate tenant.
• Generates rental income of around USD 7,500 per month.
• Lease terms across all properties are set at two years, extendable. The lease agreement includes a three‑month notice period for vacating the premises.
Products & Services Overview
Leased commercial spaces, warehouse rentals serving businesses, tenants, and institutional occupants in Honiara.The company also owns a newly built residential complex, which is ready for lease or sale.
Assets Overview
Tangible assets include the commercial building valued at USD 4.75 million, a warehouse valued at USD 1.55 million, and the residential apartment property valued at USD 2.7 million.
Facilities Overview
All the properties are owned and are located in Honiara:* Property 1:
- Commercial building with shops, offices, conference rooms, a hotel, and parking.
- Hotel located on the 3rd floor; office on the ground floor.
- Built‑up area: 1,560 sq ft.
- Rental income: ~USD 55,000 per month.
* Property 2:
- Residential apartments (Newly Constructed)
- 9 units: 2 × 2‑bedroom flats, 5 × 1‑bedroom flats, 2 studio apartments.
- Built‑up area: 720 sq m across 4 floors.
- Ready for sale or lease.
- Potential rental income: ~USD 22,000 per month.
* Property 3:
- Warehouse.
- Built‑up area: 2,600 sq m.
- Currently leased to a company.
- Rental income: ~USD 7,500 per month.
- Lease term for all the properties: 2 years, extendable with 3 months’ notice.
Capitalization Overview
The company has an outstanding bank loan of USD 1.9 million, which can be cleared. Ownership is structured between two directors holding 90:10 equity. All properties are consolidated under the same company entity.
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