Vanuatu Property Sales
FLYING FISH LODGE
Waterfront Apartments, Havannah Harbour
USD $1,595,000
One Bedroom Apartments x 2
The one bedroom apartments are compact but perfectly formed. They have a fully functional kitchen with Ceaserstone counter tops, dishwasher, oven, cooktop, microwave, full size fridge/freezer and a combined washing machine/dryer. The separate bedroom has a ton of wardrobe storage, a king size bed and a luxury ensuite with a spacious shower. The glass doors from the living area open onto a large balcony with exceptional views.
Property Facts & Features
Listing Details
PROPERTY TYPE
Commercial
LEASE START DATE
1st November 2006
UNEXPIRED TERM
60 years
LAND RENT
40,000 Vatu per annum
FEATURES
Water View, Ocean View, Private Beach
Utilities & Building
YEAR BUILT
2021
BUILDING
680 square metres
LAND
4,069 square metres
UNELCO POWER
Yes
All apartments individually metered
Interior
LAYOUT
2 Storey
4 x 2 Bedroom Apts
2 x 1 Bedroom Apt
BATHROOMS
10
BEDROOMS
10
FURNITURE
Furnished
Extras
OTHER IMPROVEMENTS
Glass Balcony Railings
8 x Exterior Solar Lights on poles
12 x Solar Hot Water Heaters
Water Tank + 6 Pressure Pumps
Cement Driveway
Crim-Safe Entry Doors
Double Glazed windows & doors
Cyclone roller shutters on entry
Motorised roller Sun-Screens on Verandahs
Overview
Havannah Harbour is one of the most prestigious locations in Vanuatu and now it has six upmarket apartments on its beachfront. Recently completed with high quality finishes, Flying Fish Lodge is the perfect commercial investment for an owner/occupier looking to live in one apartment and rent out the other five, a tourism operator or an offshore investor looking for solid financial returns in a tax haven.
Location
Havannah Harbour is an easy 20 minute drive North-West of Port Vila airport on a sealed road. It is an idyllic location without the hustle and bustle of Port Vila. Expatriate homes dot the sheltered harbourside coastline with stunning views over the calm harbour waters to Hat, Lelepa and Moso Islands. Diving and snorkelling activites thrive in the crystal water of Havannah Harbour amid stunning coral reefs. Local residents are mostly keen swimmers, fishermen or boaties who cannot resist the lure of the harbour and offshore waters.
Outdoor Setting
Flying Fish Lodge is situated on the beach of one of the most protected bays in Havannah Harbour where passing yachts frequently take a spell from offshore weather. The beautiful beach gently gives way to deep water which is ideal for swimming. A few hundred metres up the beach, the tranquil water is home to a major reef that attracts snorkelers and divers. The exceptional view from the apartments overlooks three offshore islands, passing boats and stunning sunsets. Early morning sightings of turtles swimming off the beach are quite frequent.
Financial Returns
Flying Fish Lodge is the only block of apartments in Havannah Harbour. It would be an excellent long term investment for an owner occupier who could live in one apartment and rent out the other five, or for the onshore or offshore investor looking for good returns in a country with no income tax.
Holiday Rental
The apartments are situated in one of the most advantageous holiday destinations in Vanuatu. The beachside location gives immediate access to local boats, and their Ni Vanuatu owners, who will happily take holiday makers sightseeing, snorkeling, fishing and diving as well as giving them access to their local villages and islands.
As a guide holiday rental returns could be as follows:
1 Bedroom: AUD $100 to $150 per night
2 Bedroom: AUD $150 to $250 per night
Permanent Rental
The apartments were built with sufficient space and storage and furnished with permanent tenants in mind. As a guide, a landlord could budget for the following approximate monthly rental returns for each apartment:
1 Bedroom: 135,000 to 145,000 Vatu per month x 2
2 Bedroom: 185,000 to 195,000 Vatu per month x 4
Interior Layout
Flying Fish Lodge is comprised of three ground floor apartments and three first floor apartments. The layout is identical on both levels; A two bedroom apartment on either end and a single bedroom apartment in the middle.
Two Bedroom Apartments x 4
Walking in the front door of the 'Hampton' inspired 2 bedroom apartment there is a spacious hallway leading to the waterfront living areas. The master bedroom, guest bedroom, laundry and second bathroom all lead directly off the hallway. Both bedrooms have king size beds and purpose built wardrobes with plenty of storage. The 2 bathrooms were designed to be exceptionally spacious with large showers, modern vanities, luxurious Carrara marble style tiles, contemporary fittings and ample storage.
These apartments are brand new with modern open plan kitchen, dining and living areas that open onto waterfront balconies. The smart kitchens have white Ceaserstone bench tops, soft close purpose built cupboards and drawers and all the modern appliances you would expert in a first class apartment. The new furnishings are in keeping with the apartments' excellent decorative finishes including designer mouldings, architraves and cornices.
