THREE VANUATU APART-HOTELS RETURNING OVER 21% INVESTMENT | Resort Brokers ID : FH007404
$8,600,000
Motel (Freehold) hospitality, Port Vila OFFSHORE
This trio of business accommodation assets, located on the tropical island of Vanuatu in and around Port Vila, presents an astute investment for any seasoned operators looking to capitalise on this tax-free haven, just 3 hours flight from Brisbane.
Tropicana Resort -3-star beach-front complex on Emten Lagoon, 5 minutes’ drive to Port Vila and a short walk to local supermarkets.
- Ideal for short-stay guests or corporate travellers
- Total of 12 studios and 6 two-bedroom self-contained apartments
- Private beach, outdoor pool, on-site bar with lounge and 40-seat restaurant
- Est. NOP under management of $415,561
Ocean View Hotel Apartments - established complex located above Port Vila’s newest shopping centre Tanna Russet Plaza
- Strong performance history with incredible returns.
- 24 modern studios to 2-bedroom apartments with bay views
- Swimming pool and two on-site restaurants
- Est. NOP under management of $447,089
- 24-hour security and fully serviced for short-term or corporate clients
- Additional approved DA for 5-storey building offering 22-room hotel and lift access
Coco Beach Resort - ocean-front property in Paradise Cove a 10 minutes' drive to Port Villa.
- Total of 15 studio bungalows with modern decor& A/C with private beach
- Upgraded lobby, water-front restaurant and bar / new kitchen
- Est. NOP under management of $320,360
- Newly refurbished swimming pool and timber deck
Date updated: 21 Apr 2024 23:00:03
More Information
- Total Purchase Price: $8,600,000
- Net Income: $ 1,183,010
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?