Located in the established Stade and Freshwota 1 area of Port Vila, this substantial corner property presents an attractive opportunity for strategic investors, developers or buyers seeking a sizeable landholding with potential for refurbishment, redevelopment and long-term capital appreciation.

Occupying approximately 2,462 m² of leasehold land, the property benefits from a prominent corner position with three road frontages, providing excellent accessibility, visibility and flexibility for future development.

The property comprises an established roadside convenience store, commonly known as Parity Store, together with a main residential dwelling and a separate accommodation building.

The main residence includes multiple bedrooms, living areas, a kitchen, bathroom and covered verandahs, while the secondary building provides additional accommodation space.

While the buildings are aesthetically dated and require considerable refurbishment and modernisation, their underlying structures are fundamentally sound, providing a solid foundation for investors seeking to enhance the property's presentation, functionality and overall value. The secondary accommodation building also requires further improvements and completion works.

The existing convenience store benefits from its prominent roadside position within a populated residential neighbourhood, offering potential for continued commercial use, subject to the purchaser's arrangements and relevant approvals.

The relatively level grounds feature established trees, open yard areas, fencing and vehicle access. With three road frontages and a generous land area, the property offers considerable scope for reconfiguration, additional accommodation, commercial improvements or a broader redevelopment project, subject to the necessary approvals.

Conveniently situated within walking distance of Au Bon Marché Freshwota, schools, shops, sporting facilities and public transport, the property is approximately ten minutes from central Port Vila.

For a strategic investor prepared to undertake refurbishment and improvements, the combination of substantial land area, existing structures and prominent road exposure offers an interesting opportunity to unlock the property's longer-term potential.

Property Features:

• Approximately 2,462 m² of leasehold land

• Prominent corner position with three road frontages

• Established roadside convenience store (Parity Store)

• Main residence with fundamentally sound underlying structure

• Aesthetically dated buildings requiring refurbishment and modernisation

• Separate accommodation building requiring improvements

• Existing commercial and residential structures

• Relatively level grounds with established vegetation

• Fenced compound with vehicle access

• Mains electricity and water

• Convenient location near shops, schools and public transport

• Potential for refurbishment, repositioning or redevelopment, subject to approvals