Total Project Development Opportunity in beautiful Vanuatu - Efate Island
Total Project Development Opportunity and Branding Rights for Government Approved Beachfront Project Havannah Harbour, Vanuatu - Efate Island..
Designed by TPG Architects, one of Queensland’s leading, award winning architects, The Frangipani Beach Pavilions will provide a secure and exclusive 5 star waterfront complex with top facilities.
Eco friendly, the Frangipani Pavilions will embody sustainable materials and features to complement the traditionally influenced design. These include solar systems throughout and state of the art reverse osmosis water filtration systems. Situated 25 km north of Port Vila, the resort will be accessible by Efate’s sealed ring road, providing picturesque scenery, access to the resort and around the island.
This property has government approval for strata titling the villas which provides the developer with the opportunity to sell to investment owners and then leaseback for 5 star holiday accommodation. Return to owners anticipated as 20% on purchase price. A Queensland commercial building/
construction company with offices in Cairns/Brisbane/Gold Coast has registered an Expression of Interest to build the Project, however this is flexible. Registered Expressions of Interest have also been received from operators who are highly experienced in event marketing for all restaurants, cafes, bars and the convention centre. Butler assisted ‘’Silver Service’’ is available for fine dining. Vanuatu is a tax free haven, has no corporate tax or income tax and no capital gains. Strata titles for the new Villas would come with a new strata lease of 75 years. Confidentiality conditions apply.
Net Profit: $3,700,000
Hotel InformationTotal Rooms: 33Stars: 5Restaurant Facilities: YesLiquor Licence: YesRestaurant: YesLease: -Lease Term: 75 years