SECOND LAGOON

Property Type: Apartment

Price: AUD 595,000

  • 6
  • 7
  • 0
  • 4771 sqm
26346505

Exciting Renovation Opportunity in Second Lagoon, Port Vila, Efate, Vanuatu

Price: Offers on VUV 47M | AUD 595,000
Beds: 6
Baths: 7
Car: 1
Land: 4771 Sq. M

Unlock the potential of this deceased estate-a character-filled family home with three charming garden bungalows, all nestled in the heart of Second Lagoon. This property is a renovator's dream, offering a highly profitable opportunity for those with a vision.

With mostly superficial work needed, you can transform this gem into a lucrative investment. Expected renovation costs have been projected at AUD 200,000, making this a cost-effective project with significant upside. Once completed, the estimated rental income could reach 600,000 VT per month-that's an impressive 7.2M VT annually!

Currently valued at VUV 47M/ AUD600,000 in its present condition, the post-renovation value is assessed at a whopping VUV 92.8M! Whether you're looking to invest, flip, or create your dream home, the possibilities here are endless.

Plus, with flexible settlement terms potentially available, securing this opportunity could be easier than you think.

Don't miss out on this rare chance to capitalize on a property with enormous upside potential. Contact us today to explore this fantastic opportunity!

26346505

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