Five Bedroom Three Bathroom Family Villa Only Minutes From Golf Course & Resort Hotel Facilities.

Large 385m2 home set in a fully fenced 1,793 m2, elevated site facing the cooling south easterly trade winds. All hardwood cabinetry and doors. Local hardwood kitchen. Extensive terracing. Established residential area. Adjoins a large designated “green space” ideal for children. Only a few minutes drive to Port Vila’s CBD. Entrance into this exclusive suburb (where the Chinese and New Zealand embassies are located) has a sealed road and attractive street lamps up to and past the property. This executive home is located opposite the new European Union Embassy House and is surrounded by other executive properties. All bedrooms are air conditioned. Concrete driveway and parking courtyard. Indoor laundry and storage cellar. The seller is a local company therefore the buyer’s costs are reduced by 3% by purchasing the company shares.

Sale Price $A 800,000

Investors
Currently tenanted at 300,000vt (approx $A3,750) per month on 12 month lease from 1/1/09.  This represents an excellent 5.6% return on investment.

Owner Occupiers
3 month’s notice required for vacant possession