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Sawmill Assets for Sale in Madang, Papua New Guinea

For Sale: Sawmill with potential logging operations located on a leased property in Madang.

Ownership Duration 5-10 year(s)
Industries Sawmills
Locations  Madang
Local Time 4:50 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Asset Sale
Asking Price: USD 1.7 million (Native Currency: PGK 6,000,000)
Reason: To concentrate on the core business.
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Assets Description

- Situated on a 12 hectares leased land in Saba, Madang Province, the saw mill building is of 500 square meters with all saw mill facilities which are in operating condition.

- The land is leased for 50 years with a 48 years remaining term and option to purchase.

- Monthly rent of the property is USD 1,700.

- Powered by 2x genset, saw doctor facility, kiln dryer and timbers shed.

- Has camping house with a bore water supply.

- Possible renewal of expired logging permit.

- Location of the property is about 5km outside town of Madang, Papua New Guinea.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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