MOTEL & APARTMENTS

Motel for sale, Port Vila, Vanuatu.

This is a solid investment for anyone wanting to enjoy a great income with a laid back lifestyle in a tax haven country.

How good can life be!

Great business working at a great occupancy level, with the last four years showing an average occupancy rate over 80%.

The motel & apartments sits on 2,107m2 and is conveniently located. Minutes from the airport & minutes from the town center.

The premises consist of 10 large self contained apartments with private balconies, two bedrooms cottage plus the Manager's apartment. Cable TV systems installed plus a DVD channel and a large comprehensive DVD library (no rental) all of which is controlled from the manager's residence adjacent to the main office. Everything has been renovated, all timber has been replaced with the best quality Vanuatu hardwood, new furniture, new linen, new gas stoves, new fridges, new split system air con, complimentary wireless Internet, new everything.......

All maintenance carried out has been to the best standards.

Foreign Investment approval is in place for a restaurant & bar facility which the current owners have, to date, chosen not to expand into. They also have approval for seven two level, one bedroom apartments to be built strategically behind the existing apartments in terrace style.

A new lease extension from 50 years to 75 years has been issued to the current owners by the Government Lands Department.

Price includes land, buildings, stock, back-up replacement stock, plant, equipment & extensive goodwill associated with the motel which will enable the new owners to continue without any big financial outlay after purchase.

Walk-in-walk-out, running smoothly with substantial and ongoing forward booking.

Don't miss this fantastic opportunity!  Come along, be captivated, be convinced. You can own this!

Listing Price AUD2,081,000.00

Please Contact Catherine at tppc@vanuatu.com.vu or call +678-7741057