Strategic Asset Opposite Warwick/Le Lagon Hotel
Pango, Port Vila, Efate IslandBasics
- Date added: Added 2 months ago
- Category: Commercial (Sale), For Sale, Land (Sale), Residential (Sale)
- Type: Land - Commercial, Land - Residential
- Status: Active
- Floors: 2
- Lot size: 1746 m²
Description
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Description:
Prime Land Banking asset, Close to Pango, Port Vila. Commercial or residential use potential.
Premium Investment Opportunity: Corner Lot on Pango Road, Port Vila
Strategic Asset Directly Opposite Warwick/Le Lagon Hotel
Investment Overview
This prime corner lot, located on Pango Road in Port Vila, Vanuatu, presents a rare opportunity for astute investors seeking a high-potential asset in a rapidly appreciating market.
Its unparalleled position directly opposite the renowned Warwick/Le Lagon hotel guarantees superior visibility, optimal accessibility, and significant growth prospects. Properties of this calibre and location are in extremely short supply, intensifying the long-term value proposition.Residential Renovation Potential
The property comprises a solidly built concrete structure, which provides a robust foundation for value-add renovations or redevelopment. While the building requires substantial upgrades—including new electrical, water, and roofing systems—the underlying structure enables cost-efficient transformation. Additionally, a large concrete swimming pool can be revitalised with a new pump system, representing further upside for investors seeking to maximise returns.Commercial Re-Development Upside
Strategically situated for high-impact commercial or tourism developments, this corner lot is ideal for ventures such as a boutique hotel, restaurant, or other hospitality-focused businesses. The site’s exceptional exposure and ease of access make it particularly attractive for enterprises targeting both local and international clientele. Investors may also opt to clear the existing improvements, maximising the site’s development potential and unlocking further value through a premium new build project.Key Investment Highlights
• Land Size: 1,746 sqm – ample space for significant development
• Price: Inviting all offers & expressions of interest
• Lease Extension: Already paid and extended to 75 years (1994-2069, 44years remaining), reducing upfront capital outlay and providing certainty for long-term planning
• Ownership Structure: The lease is held by a dedicated limited company, simplifying acquisition and offering potential tax and administrative efficienciesInvestment Rationale
• Scarcity of prime, high-exposure sites in Port Vila’s most desirable precinct
• Direct frontage to a luxury hotel ensures high demand and strong tenant or business appeal
• Existing improvements offer immediate value-add opportunities or a clean slate for new projects
• Long-term lease security supports capital appreciation and facilitates financing
• Corporate ownership structure streamlines due diligence and transfer, reducing acquisition frictionNext Steps
To capitalise on this exceptional investment opportunity, interested parties are invited to contact the exclusive agent iProperty, to schedule a site inspection.
Secure your foothold in Port Vila’s premier property market and unlock significant long-term returns with this rare offering.Scott@iProperty.vu / +678 560 29 68
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