INVESTMENT PROPERTY AT BELLEVUE
1,600 m² - Vanuatu
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.
- Listing ID : 1226
- Bathrooms : 4
- Land Size : 1,600 m²
- Pierre Taripu
- +678 7599002
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