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Ad ID: 21067

Waterfront Hotel for Sale Vanuatu

Vanuatu - International Boutique Waterfront Hotel for Sale. FHGC AUD$6,250,000 + SAV & VAT if any. Get a foothold in one of the South Pacifics fast emerging tourist destinations.

Business Description

Waterfront Hotel for Sale Vanuatu

A fantastic opportunity to get a foothold in one of the South Pacific's fast emerging tourist destinations. This 20 room boutique international hotel sits on the water's edge on Fatumaru Bay just a five minute walk from downtown Port Vila. All rooms and facilities offer spectacular views of the bay. The hotel also features a well established and popular restaurant, a conference room, outdoor pool and lounge area and three commercial rental leases providing additional income. Manager's accommodation comprises a two-bedroom apartment with spacious living area. Full refurbishment of the hotel completed in 2010. This property has room for expansion with an adjacent vacant section also available for sale. Opportunity to also strata title the property with extensive work already completed and available to the purchaser.

Business Resources

A 75-year commercial land lease with the Municipality is in place with 71 years to run. Asking price of AUD$6,250,000 is based on market valuation conducted in 2010. (Approximately NZD$8,500,000.)

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