Property Type: Apartment
Price: AUD 1,175,000
Lagoon-Front Investment with Immediate Returns & Development Potential
Comprising:
3 x Fully Furnished 2-Bedroom Cottages
1 x Spacious 3-Bedroom House
Prime Waterfront Land for Future Development
A Rare Dual-Income & Growth Opportunity
Perfectly positioned on the edge of beautiful Erakor Lagoon, this 3,193sqm leasehold property offers the ultimate blend of secure rental returns and future upside. Just minutes from Port Vila CBD and close to shops, supermarkets, and cafés, it's a location that ensures strong tenant demand and long-term capital growth.
Currently 100% leased with quality tenants on written long-term leases, the property delivers stable, immediate income from day one. The three fully furnished cottages are separated by landscaped hedges for privacy, while the larger three-bedroom home sits in a private garden setting-perfect for families or corporate accommodation.
Property Features:
All dwellings connected to mains power & water
Private driveways & parking for each home
Fully fenced site with electric gate access
Landscaped grounds & lagoon frontage
Immaculately maintained and move-in ready
Future Potential:
The sale also includes a lagoon-front parcel of undeveloped land-ideal for up to two additional dwellings or one grand waterfront residence. With elevation, frontage, and access already in place, the possibilities for expansion or boutique short-stay development are endless.
Why We Love It:
Instant, reliable income stream
Waterfront position in a sought-after area
Expansion-ready site with services in place
Strong capital growth potential in a prime Port Vila location
This is a rare chance to secure a high-yield investment in one of Port Vila's most desirable lagoon-side locations-ready to generate returns today and grow in value tomorrow.
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