Port Vila, Vanuatu
11.3% Yield | Apartment Hotel
VUV 300M | AUD 3.85M | USD 2.6M
Ocean View Hotel Apartments accommodates holiday guests as well as short- and long-term corporate clients.
The property achieved a net profit of VUV 33.9M in 2018/2019, resulting in an 11.3% net yield.
Features:
Planning approval is in place for a second 5-level, 22x apartment hotel building, along with additional parking for 14 cars, all on the same title.
The property is within walking distance of Port Vila Central and downtown shopping.
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