Prime Corner Development Site Opposite Warwick Le Lagon – High Exposure Investment

Description

Redevelop or Renovate – Rare Corner Opportunity in a Premium Locatio
Positioned on a prominent corner along Pango Road, this 1,746 sqm property presents an exceptional opportunity for investors looking to secure a strategic asset in one of Port Vila’s most sought-after areas. Located directly opposite the well-known Warwick Le Lagon – Vanuatu, the site benefits from outstanding visibility, steady traffic flow, and strong long-term growth potential.
Opportunities of this size and positioning are becoming increasingly scarce in this high-demand precinct, making this a compelling addition to any investment portfolio.

Residential Upgrade Potential
The property includes a solid concrete building that offers a strong base for refurbishment or redesign. While upgrades are required—such as electrical, plumbing, and roofing improvements—the existing structure allows investors to add value without starting entirely from scratch.
A large concrete swimming pool is also located on the site and can be restored with updated equipment, offering additional upside for those pursuing a premium residential or hospitality concept.

Commercial & Tourism Development Potential
Thanks to its prime corner placement and direct proximity to a major international resort, the property is ideally suited for commercial or tourism-related ventures. Possible concepts include:

•Boutique accommodation
•Restaurant or café
•Hospitality or mixed-use development
•Premium residential apartments
Developers may choose to renovate the current improvements or clear the site to maximise development flexibility and create a landmark project in a high-traffic location.

Property Highlights
•Land Size: 1,746 sqm
•Corner Position: Maximum exposure on busy Pango Road
•Lease Term: Extended to 75 years (1994–2069, 44 years remaining)
•Ownership: Held by a dedicated limited company, allowing for streamlined acquisition
•Price: VUV 75M – All serious offers considered

Why This Investment Stands Out
•Limited availability of prime roadside sites in Port Vila
•Directly opposite a luxury beachfront resort
•Flexible development options (renovate or rebuild)
•Secure long-term lease in place
•Strong potential for capital growth in a tightly held market