Prime Harbourfront Development Site on Main Street, Port Vila City

Description

Unlock the potential of one of the last remaining large development sites directly on Port Vila's harbor. This expansive 5,170 m2 property offers a myriad of development options, boasting direct main road access and absolute harbor frontage, opening doors to extensive possibilities in both commercial and tourism development. The property had plans approved for a multi-storey hotel and apartment complex. Situated directly opposite the thriving 'Tana Russet' Mall, featuring shops, a food court, and a movie theatre, the location promises high foot traffic and commercial vibrancy. Moreover, it is conveniently surrounded by popular restaurants and bars, creating a dynamic and attractive neighbourhood for both residents and visitors. Conveniently located on one of the main entry points into Port Vila, the property ensures high visibility and exposure, drawing attention from both locals and tourists alike. With nearly 50 meters of road frontage, this commercial haven is perfectly poised between the town center and the airport, offering an ideal balance of accessibility and scenic views of the picturesque Port Vila Bay. This rare gem presents an unparalleled opportunity for astute investors to shape the skyline of Port Vila. Seize the chance to own a piece of prime waterfront real estate and capitalize on the vibrant potential of this strategic commercial location. Sale Price 4,200,000 US Dollars