Tropicana Resort and Appartments - High Yield Lagoonfront Resort Asset in Port Vila, Second Lagoon

Description

VUV 250,000,000 | Net Profit: VUV 32.6M (13% Net Return) | ROE: 17% | Valuation: VUV 323M An exceptional opportunity to acquire a fully operational, high-yield beachfront resort on the tranquil Second Lagoon, just minutes from the heart of Port Vila. Property Highlights 18 self-contained apartments across two modern concrete buildings  • 12 beachfront studios  • 6 two-bedroom lagoon-view apartments Overwater restaurant seating 40 guests Swimming pool, private beach, jetty, reception & lounge 12 on-site car parks and dedicated storage/laundry areas Location Advantages Direct lagoon frontage with panoramic views Across from the national sports complex Walking distance to ABM Supermarket, PVIS & USP Only 5 minutes to downtown Port Vila via public transport Performance & Market Position Net Profit (2023/24): VUV 32.6 million ROI: 13%+ | ROE: 17%+ Valuation (2023): VUV 323 million Preferred accommodation for corporate travellers, NGOs, and government clients Strong occupancy via OTAs and wholesalers in Australia, NZ, and New Caledonia Lease Details Leasehold title : 2,164 m² (Titles 11/OD52/025 & 11/OD52/026) Term : 75 years (commencing 25 August 1995) Total building area : approx. 1,500 m²