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Freshwater 1 – 2,462 m² Corner Property with Commercial & Residential Buildings

C-0447

Sale Price: VUV 50,700,000

4 Bedrooms

2 Bathrooms

2462 m² Land Size

10 Parking

fenced

Commercial

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

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Former Secret Gardens – A Landmark Opportunity in Mele Maat

C-0449

Sale Price: VUV 47,000,000

8 Bedrooms

8 Bathrooms

10373 m² Land Size

10 Parking

Near CBD

pool

fenced

Commercial

Set on 10,373 m² of flat tropical land at Mele Maat, the former Secret Gardens offers an opportunity to revive a recognised destination or create something entirely new.

Quiet since 2020, the property retains mature gardens, established trees and an existing hospitality footprint. Two road frontages, with main access directly off the Efate ring road, provide convenient access approximately six kilometres from Port Vila.

The improvements include a 415 m² treehouse restaurant built around two enormous living trees, with a mezzanine lounge, kitchen, bar, storage and guest amenities. Nine guest bungalows each offer living space, a private terrace and a bathroom. A swimming pool with spa and a separate shop building complete the existing facilities.

Services include Unelco mains electricity, bore water supplied to a storage tank, septic drainage, and Vodafone and Digicel coverage.

The buildings require substantial renovation, including work to roofs, timber and fittings. For a purchaser with vision and a considered renovation budget, the former Secret Gardens could be brought back to life as a boutique retreat, restaurant and accommodation destination, wellness centre, or wedding and events venue, subject to relevant approvals.

Located within easy reach of Hideaway Island, Mele Cascades and Vanuatu Jungle Zipline, the property combines a spacious site, established tropical surroundings and a memorable history.

Expressions of Interest. Inspections strictly by appointment.

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Active Commercial Wharf with Deepwater Frontage

C-0436

Under Contract

Sale Price: VUV 259,000,000

900 m² House Size

1654 m² Land Size

18 Parking

Near CBD

waterfront

Commercial

An exceptional opportunity is now available to secure one of the most active commercial wharf properties in Paray Bay.

Positioned on approximately 1,654m² of leasehold waterfront land, this established commercial wharf offers roughly 38 metres of waterfrontage and benefits from deep-water access, making it a rare and highly strategic asset in the area.

The property is already used for active commercial operations and includes multiple existing structures currently utilised for office space, storage, and operational support. With ongoing commercial activity already in place, this is not just a vacant waterfront parcel, but a functioning commercial site with real utility and strong future potential.

Deep-water waterfront properties in South Paray Bay are extremely limited, and this is understood to be the only deep-water commercial wharf property currently available on the market in South Paray. For buyers seeking port, marine, logistics, storage, fisheries, transport, or commercial waterfront use, this is an opportunity not to be missed.

The lease is a 75-year lease commencing from 2012, providing long-term tenure for the incoming purchaser.

The property has been valued at VT 259,000,000 and is offered for sale at VT 259,000,000 plus VAT.

The current vendors are genuine, motivated, and ready to sell, making this a rare chance to acquire a significant commercial waterfront asset in one of Port Vila’s key marine activity zones.

For further information or to arrange an inspection, please contact us.

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Waterfront Commercial Strata Title - Starfish Cove Ready to Develop

L-0895

Under Contract

Sale Price: VUV 37,000,000

897 m² Land Size

waterfront

fenced

Waterfront Land

Land

Commercial

The property comprises Lots 10 and 11, a commercial strata title with 55 years remaining on the lease. Together, the two lots provide a total land area of 897 m², consisting of Lot 10 (382 m²) and Lot 11 (515 m²).

The property boasts an impressive 43.6 metres of direct waterfront frontage, making it an exceptional opportunity for a wide range of commercial developments and investment opportunities.

The registered annual land rent is VT 100,198 per title.

The site is fully serviced and development-ready, featuring a poured in-situ concrete seawall, along with mains electricity and water connections already in place. Much of the essential infrastructure has already been completed, allowing the new owner to focus on bringing their vision to life.

Under the current Body Corporate rules, the approved uses include hotels, restaurants and recreational facilities.

One of the major advantages of this commercial strata title is its flexibility. Should a purchaser wish to change the permitted use, amendments to the Body Corporate rules can generally be approved through a single Body Corporate meeting, subject to the required approvals of the owners. This is significantly simpler and faster than rezoning a conventional land title, which typically requires a formal government planning and rezoning process. This flexibility provides investors and developers with the opportunity to adapt the property to future commercial opportunities more efficiently.

For further information or to arrange a private inspection, please contact us.

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Port Vila Expansion Zone – Major Landholding Opportunity

L-0825

Sale Price: VUV 195,000,000

117400 m² Land Size

Near CBD

fenced

Land

Commercial

This premium 11.74-hectare parcel of prime development land is strategically located on the immediate edge of Port Vila’s urban zone, offering one of the most compelling large-scale opportunities currently available on Efate. The property benefits from an impressive 220 metres of direct tar sealed road frontage onto the Efate Ring Road, providing outstanding access, visibility and connectivity. As the largest vacant development block adjoining the Port Vila Municipal boundary, the site represents a rare chance to secure a major landholding in a high-growth location. The gently sloping 29-acre hillside terrain is ideally suited for subdivision or mixed-use development. A draft subdivision layout has already been prepared, proposing 50 residential lots ranging from 1,500 m² to 2,000 m², each designed to capture panoramic lagoon and ocean views. The property is equally well suited to alternative concepts such as premium resort and hotel development sites with expansive coastal outlooks, elevated hospitality projects with sweeping sea views, or high-end tourism accommodation benefiting from commanding scenic vistas. Mains power and water are readily available, further enhancing the development potential. This property offers immense long-term possibilities including residential housing, apartments, eco-tourism projects, commercial facilities or specialist agricultural ventures. With its scale, location and flexibility, this is a premier investment opportunity with strong potential for staged future development. The advertised property price is VAT inclusive.

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Income-Generating Corner Block with Redevelopment Potential

R-1159

Sale Price: VUV 42,000,000

1575 m² Land Size

Near CBD

fenced

Commercial

Income-generating corner property in a frequented and highly accessible location, situated next to the LDS Church in Simbolo and positioned along a busy main backroad. The property offers a total land area of 1,575 m² with excellent visibility and dual road access. The main shopfront faces a sealed road and benefits from being in a common bus stop area, providing strong exposure and regular foot traffic. The site currently includes a retail shop, several permanent and semi-permanent rental units, and a communications tower, all of which generate reliable monthly income. The combined revenue from these assets provides a healthy return of VT 280,000 per month, making this an attractive investment opportunity with immediate cash flow. Although the property is presently zoned residential, its established commercial use and strategic position make it highly suitable for rezoning, subject to the necessary approvals. The layout, location, and access make it ideal for future repurposing or further commercial development. This is a versatile and well-positioned asset with strong income performance and excellent long-term potential.

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Side River Luganville Commercial Lease

R-1157

Sold

Sale Price: VUV 14,000,000

1180 m² Land Size

Near CBD

Commercial

Commercial leasehold property with a 75-year lease from 1995, located on the Santo side river in Luganville, next to Santo Engineer and behind the first commercial area after Srakata Bridge, offering a land area of 1,180 m².

The property sits just behind the main roadside commercial area, making it a strategic location ideal for storage, warehousing, light commercial use, or future development.

The land currently includes some semi-permanent structures, which can be cleared if required, providing flexibility for redevelopment.

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Teouma Reef Resort - 5 Self-Contained Villas by Pristine Blue Waters

C-0445

Sale Price: VUV 78,000,000

7 Bedrooms

8 Bathrooms

232.55 m² House Size

7874 m² Land Size

20 Parking

pool

waterfront

fenced

Waterfront Land

Commercial

Teouma Reef Resort is a unique leasehold investment property located on the east coast of Efate, offering a peaceful beachfront-style setting with pristine blue waters and excellent potential as a boutique resort or tourism business. The property features five self-contained bungalow villas, each with its own bedroom, kitchen and bathroom, set within spacious grounds of 7,874m². The resort also includes a saltwater swimming pool, restaurant and bar area, making it ideal for guest accommodation, retreats, Airbnb operations or small-scale commercial hospitality. The lease is 75 years from 2005 with approximately 55 years remaining, and the property is presented in good condition with further potential for expansion or development.

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Premium City Centre Office, Tenanted & Ready to Go

C-0443

Sale Price: VUV 31,500,000

1 Bathrooms

92 m² House Size

Commercial

This freshly renovated office space offers an ideal investment in the heart of town, positioned within a well-maintained strata complex and featuring a secured tenancy agreement

With a generous floor area, the layout provides flexibility for professional use, offering multiple work zones and direct access from the main hallway.

Key Features

  • Approxation 92m² internal area.
  • 3 private office rooms
  • 1 fully renovated bathroom
  • 1 kitchen alcove with upgraded fittings
  • 2 access doors from the main hallway
  • Air-conditioning and ceiling fans
  • Window overlooking the seafront providing natural light

Recent Renovations

  • Bathroom fully modernised with new tiles, toilet, vanity, and mirror
  • Kitchen upgrades including re-oiled bench, new sink, and tap
  • All lighting and light covers replaced
  • Conduits hidden for a cleaner, modern finish
  • Old cyclone shutter removed and new electric shutter arriving end of this month
  • Power points replaced in the second office

Investment Highlights

  • Strong rental return with a tenant already in place
  • Low maintenance, modern interior
  • Highly sought-after commercial location
  • Ideal for investors or owners seeking a secure office space in town

For more details or to arrange a viewing, feel free to contact us Jean Claude on 7772027 or by email at jean-claude.emelee@islandproperty.vu

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Stella Marie Versatile Triple Block Ideal For Commercial Development

L-0988

Sale Price: VUV 128,000,000

10633 m² Land Size

Land

Commercial

Stella Marie triple block for sale, roughly 1 hectare with 128m frontage. The land is versatile with a flat top, a gentle slope, and a flat bottom, offering multiple development options. Located directly behind a new retail and wholesale outlet under construction, this site is positioned for growth in a slowly expanding part of Vila. The lease term is 75 years with 47 years remaining. There is a partially built structure on site that can be reused, reducing initial setup costs. The land is suitable for hardware, depot, or other creative developments and presents a rare opportunity to secure a large block in a strategic location.

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