Lagoonfront Property With Dual Water Frontage and Large Land Ideal for Development, Second Lagoon
Description
Set on over 3,600 square metres of prime waterfront land in a secluded but convenient area, the property offers both lifestyle and investment value. With dual frontage to the Second Lagoon and Tassiriki Canal, the property provides privacy, natural outlook, and easy access to nearby amenities such as supermarkets, restaurants, petrol stations, hardware and cleaning suppliers. Key Features: Land area: 3,667 m² 50-year lease Dual lagoon and canal frontage Quiet location set back from the road Walking distance to PVIS and just 5 minutes from town Improvements: Large 2-bedroom main house with hardwood interior, open-plan living, high ceilings, and upper-level lounge Approx. 350 m² internal space Self-contained 1-bedroom unit approx. 150 m² Separate 65 m² studio Private landscaped garden (optionally maintained by current staff) Currently main house is letting This property is ideal for an investor seeking income with long-term capital growth, or for a buyer looking to live and rent simultaneously in a quiet and highly desirable neighbourhood. Reccomended to be bought alongside a neighbouring well established resort https://islandproperty.com/property/C-0341 Contact Island Property Today!
What's on near Second Lagoon
10/01Port Vila RodeoPort Vila · Efate10/01Wala Island Canoe Race and Cultural Festival
Wala Island10/10Manaro Volcano Run
Manaro · Ambae10/16Fest’Napuan
Port Vila
Climate · Port-Vila
Station: PORT VILA BAUERFIELD · 4.2 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 31 |
| Feb | 31 |
| Mar | 31 |
| Apr | 30 |
| May | 29 |
| Jun | 27 |
| Jul | 27 |
| Aug | 27 |
| Sep | 28 |
| Oct | 29 |
| Nov | 30 |
| Dec | 31 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 312 |
| Feb | 291 |
| Mar | 368 |
| Apr | 264 |
| May | 241 |
| Jun | 195 |
| Jul | 86 |
| Aug | 105 |
| Sep | 114 |
| Oct | 126 |
| Nov | 148 |
| Dec | 221 |
Getting there
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How this one compares
6 similar properties on the island advertised at within 25% of this price with a similar number of bedrooms. Their median asking price is VT 80,000,000 — this one is asking 3% more. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| Waterfront Compound For Sale | — | 4 | VT 82,500,000 | same |
| Undine Bay Magic – Modern Tropical Living with Marina and Mountain Views | North Efate | 3 | VT 80,000,000 | -3% |
| Exclusive to C&K-Stunning 3-bedroom House! | Tassiriki | 3 | VT 85,000,000 | +3% |
| 'Boaties Paradise' - ID: 344476 | Undine Bay | 3 | VT 80,000,000 | -3% |
| Marina Living Starts Here – Waterfront Home with Private Canal Access – Undine Bay, Vanuat | Undine Bay Marina, (4709) Vanuatu | 3 | VT 80,000,000 | -3% |
| Bellevue Family Homes x2 | — | 4 | VT 80,000,000 | -3% |