Prime Investment Property on Port Vila’s Deep Water Paray Bay Featuring Three Individual H, Port Vila City
Description
This brand new property comprises three individual residences, each with their own private plunge pool with safety fencing, and each with direct access to a deck and waterfront barbecue area. The 1,585 m² title is zoned "Commercial" and the property comes with four moorings, each with their own power point, and berthing facilities at the seafront deck. Visiting crew members have access to a shower and toilet block and a roofed waterfront barbecue area. The views of sunset and the yacht filled bay are fabulous and ever changing. Overview This 9 bedroom, 6 bathroom parcel is located in Port Vila, with West views. The registered land area is 1585m² commercial zoned title. Property Walk-through The upper two homes have three bedrooms and two bathrooms and have never been occupied. The waterfront residence has been used briefly by the owners, however, it is also "as good as new." All of the materials used in this quality construction were imported from New Zealand. Every room has air conditioning and ceiling fans. The design and use of high ceilings and carefully placed louvred windows helps keep the houses cool. There is a small caretaker's home on site as well as a tool shed and a concreted parking area. The driveways are also concreted and there is a network of carefully planned underground drainage designed to carry rainwater into the harbour. This is an ideal rental investment, with additional money to be earned from renting out the berthing areas and moorings. It could also be home base for an extended family wanting to live near to each other. Properties along Paray Bay rarely come on the market and this is a genuine opportunity to buy into Vanuatu real estate's "Golden Mile." Contact Island Property Today!
Where it is
What's on near Port Vila City
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
Something wrong on this page? Tell us · How this page is put together
Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| Prime Nambatu Leasehold – Suburban Opportunity with Commercial Upside Anabrou | 7 min walk | 4 | VT 68,000,000 |
| Port Vila's Prime Landmark Development Land Port Vila City | 10 min walk | — | $3,200,000 |
| Active Commercial Wharf with Deepwater Frontage Nambatu | 10 min walk | — | VT 259,000,000 |
| Retreat Bar – Iconic Seaside Sports Bar & Prime Commercial Offering on the Main Lagoon First Lagoon | 10 min walk | — | $2,800,000 |
| Premium City Centre Office, Tenanted & Ready to Go Port Vila City | 1.0 km | — | VT 31,500,000 |
| First Lagoon Development Site First Lagoon | 1.1 km | 10 | VT 638,000,000 |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth
How this one compares
3 similar properties on the island advertised at within 25% of this price with a similar number of bedrooms. Their median asking price is VT 210,000,000 — this one is asking 19% more. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| PRIME Waterfront Property - 3 residences | Paray, (4220) Port Vila, Vanuatu | 9 | VT 250,000,000 | same |
| Villa Champagne – Luxury Estate | Narpow Point, Efate | 8 | VT 210,000,000 | -16% |
| High-Exposure Commercial Site in Freshwota, Vanuatu | Freshwota, (4650) Port Vila Vanuatu | 9 | VT 195,000,000 | -22% |