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 |
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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