TAGABE

Property Type: Business

Price: VUV 112,000,000

  • 2472 sqm
31102496

Prime Commercial & Residential Opportunity - Riverfront Property in Manples

Property ID: 31102496

Ray White Vanuatu is pleased to present this outstanding investment opportunity in one of Port Vila's fastest-growing commercial zones. Positioned on a generous 2,472sqm riverfront allotment in Manples, this modern mixed-use property offers exceptional flexibility, income potential, and long-term value.

Constructed in 2022, the two-storey building features two ground-floor retail units and two upper-level residential apartments (each approximately 100sqm), catering to both commercial tenants and long-term residents. A recently completed 58sqm storage/machinery shed (built in 2024) further enhances the site's usability.

With over 400sqm of net lettable space, 14 on-site parking bays, and secure gated access, this property is well-equipped to support a range of business and residential uses. The land boasts 88 metres of river frontage and is connected to all mains services.

Currently generating strong returns, the property has an estimated market rental income of VT 721,897 per month, with additional potential to increase value through lease class conversion from residential to commercial.

Property Highlights

Land size: 2,472sqm with 88m river frontage

Modern two-storey flex-use building (built 2022)

Two retail units on ground floor

Two large upper-level apartments (approx. 100sqm each)

58sqm storage/machinery shed (built 2024)

Over 400sqm of net lettable space

14 car parks, secure gated access, and mains utilities

Estimated rental return: VT 721,897/month

Scope to convert lease class for future commercial uplift

Located minutes from Port Vila CBD and the airport

Manples | Port Vila, Vanuatu
Whether you're an investor seeking high returns or a developer looking to unlock value in a growing commercial precinct, this property is a rare find.

Contact Sam Lewis at Ray White Vanuatu today to arrange an inspection or to request further details.

31102496

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