Vt. 67 Million
NEW INSTRUCTIONS from the Vendor - this house must be SOLD.
Now listed well below valuation, the new selling price of VT 67 Million is based on Walk In Walk Out and includes all furniture and equipment. This opportunity is outstanding and presents extremely good value for your VATU.
Invest in this house and make the most of the great rental return. Demand for rental properties of this caliber is very high!
Without doubt Peacock Manor has some of the best views in Port Vila. Overlooking the harbour and Port Vila town centre it enjoys the cooling breezes of Fatumaru Bay with the hot afternoon sun setting behind. And it’s only 8 minutes drive to town or airport.
The whole building has been fully renovated and extended to its current layout which comprises of 2 modern quality homes with each comprising 3 bedrooms and 3 bathrooms.
The whole of Peacock Manor is currently rented at AUD$9,000 per month to a Construction firm from Queensland, Australia. The rental agreement started on 1st April 2016 and continues till 30 September 2017 with an optional 6 months extension. If required, the rental agreement can be broken with 2 months’ notice from either party.
UPPER LEVEL HOME (Area 485sqm) 3 bedrooms, 3 bathrooms. All bedrooms have air-conditioning and the master bedroom has exceptional views, parents’ retreat, over-sized en-suite and walk-in robe. A large open office, huge lounge/dining with 2 air-conditioners, guest lounge, spacious and modern kitchen and separate ironing and laundry areas complete the interior. There’s 135sqm of under-cover balcony sited to capture the best of the views and a large 50sqm double carport. Total internal living area is about 300sqm.
LOWER LEVEL HOME (Area 288sqm) 3 bedrooms, 3 bathrooms. All bedrooms have air-conditioning and the master bedroom also has exceptional views with generous walk in robe. Large lounge/dining, spacious modern kitchen with separate pantry, ironing/laundry areas and a 1.5sqm concrete steel walled walk-in safe. There are both indoor and outdoor patio areas, both covered. It has its own 29sqm separate covered carport and entry. Total living area is about 213sqm.
Peacock Manor comes with a swimming pool, 2 separate workshops, shutter shed, garden shed, emergency generator shed and tool shed. All sheds have power. Each house level has separate power, water and gas meters and separate security alarms systems.
Peacock Manor is owned by Oceanic Investments Limited as the Registered Lessee of title number 12/0911/052 (“Title 052”) covering 1088 m2 of land. Lease continues to 2055.
Property outgoings to Ifira (Lessor):
Ifira Trustees Ltd - lease rent: 16,998vt every 6 months. (approx $210)
Ifira General Services - rubbish collection: 16,875vt every 6 months. (approx $200)
ASKING PRICE: Vt. 67 Million