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Newly Built 4 Bedroom House in Gated Community



Publication date21 December 2020 at 15:58


This four year young, 4 Bedroom, air conditioned, high-end house which is on the market for the first time. Only a short, 15 minute drive from town, and less than a 1 min walk to the beautiful black sand beaches overlooking Hideaway Island, this residence epitomises tropical island living. Overview This 4 bedroom, 2 bathroom residence is located in Mele Bay, with South West views. The registered land area is 1097m² on a Residential leasehold title.  Property Walk-through This property is set on a 1,097m² block of land in the Mele Cove gated Estate. It presents itself as a practical family home for the holidays or for long term residence. The house is solidly built, connected to all the mains in town with a lease term of 75 years issued in 2007. This property is currently being rented long term. Based on the current asking price, the current rental income and considering costs of management, maintenance and rent tax, this property is generating a comfortable 7,5% NET return today! Nearby Points Of Interest. Port Vila Airport 7 km. CBD 9.5 km. Central Hospital Port Vila 10 km. Private Hospital 11 km. Nearest Supermarket 6 km. University South Pacific 10 km. Holiday Inn 10 km. Contact Island Property Today! |


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