INVESTMENT PROPERTY AT BELLEVUE

1,600 m² - Vanuatu

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Property Description

GREAT INVESTMENT OPPORTUNITY!

MASSIVE PRICE REDUCTION… PRICE STILL NEGOTIABLE!

Presenting a well-maintained housing complex that currently offers a 10% net return with potential to increase.

Built in a prime location, this elevated property has a 180-degree uninterrupted views over the First & Second Lagoon.

Nestled among lush tropical gardens, with an area of 1600m2, this unit complex consists of 4 detached buildings, well maintained and fully tenanted.

The complex includes:

A small 18 square m. office at the entrance of the property, with a bathroom and a small kitchen, which can be turned into a small 1 bedroom unit;

A large 120 square m. two-story building: the ground floor includes two separate air-conditioned units, each with 1 bedroom, bathroom, kitchen, and living room, with an additional shared central kitchen and an outdoor covered veranda for comfortable outdoor living; the first floor is currently unused, offering flexibility for storage or future conversion into additional rooms or apartments; powered by a 1.7 million Vatu solar panel installation with Unelco grid power also  connected as a backup;

A 52 square m. house with one bedroom, a bathroom, kitchen and living room, also complete with an outdoor 18 square m. covered veranda;

A further 72 square m. house with a 6 square m. covered veranda with spectacular views, 2 bedrooms, 1 bathroom, kitchen and a living room, completed with a vegetable garden nearby.

All air-conditioned, these convenient accommodations are constructed with strong prefabricated galvanized steel structures designed for cyclone rating.

Offering a convenient and comfortable tropical island lifestyle, these units have high occupancy and the current rental rates are well below market price.

For further information call Pierre on +678 7599002.

 

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1226
Water Frontage : 0 m
Price : VUV 30,000,000
Bedrooms : 6
Bathrooms : 4
Carports : 0
Land Size : 1,600 m²
Rooms : 0
Building : 0 Sqft
Utilities
Electricity connection : UNELCO
Solar system
Water connection : UNELCO
Yearly Outgoing
Land rent : VUV 0
Property tax / rates : VUV 0
Body corporate fee : VUV 0
Features
Internet / WiFi
Airconditioning
Varanda / Deck
Views
Kitchen
Storage
Parking
Pet Policy : Allowed
Security screens/bars
Fully fenced and gated
Address Map
Country : Vanuatu
Residential For Sale
  • Listing ID : 1226
  • Bathrooms : 4
  • Land Size : 1,600 m²
VUV 30,000,000
Agent info
Contact Agent


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