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Property description
Mixed-Use Riverside Property with Strong Returns in Manples Commercial CorridorWarehouse + Offices + Apartments
This modern riverside asset offers an outstanding opportunity to secure a flexible, income-producing property in one of Port Vila’s fastest-growing commercial zones. Located along 88 metres of river frontage in the emerging Manples precinct, it sits just minutes from both the CBD and Bauerfield International Airport.
Built in 2022, the site spans 2,472 square metres of level ground and is approved for mixed commercial and residential use. The main building comprises 436 square metres of gross floor area, including two fitted ground-floor office or warehouse spaces, each with a separate street-facing entry, and two upper-floor residential apartments, each around 100 square metres in size. The apartments enjoy river views and offer excellent rental appeal.
A secure 58-square-metre shed, constructed in 2024, provides additional space for storage, equipment or amenities.
The property also includes 16 on-site car parks, gated access, and lighting infrastructure to support tenant or customer use. It is fully connected to mains power and water, with individual metering installed, making it ready for immediate occupancy or leasing.
Current projections estimate a total monthly rental income of VUV 721,897/yr, offering a solid yield in a high-demand commercial area. There is further upside through subdivision or converting the full site to commercial use, where premium lease rates may apply.
This asset is ready to be leased immediately. Its flexible layout suits a wide range of uses, including short-stay accommodation, office suites, boutique retail or long-term rental. Investors also benefit from Vanuatu’s favourable property conditions, with no capital gains tax and low holding costs.
This is a rare opportunity to acquire a mixed-use riverfront holding with income, future development potential, and a strategic location in one of Vanuatu’s key growth zones.
Get in touch with the First National Vanuatu team to arrange a viewing or request further information.
Current projections estimate a total monthly rental income of VUV 721,897/yr, offering a solid yield in a high-demand commercial area. There is further upside through subdivision or converting the full site to commercial use, where premium lease rates may apply.
This asset is ready to be leased immediately. Its flexible layout suits a wide range of uses, including short-stay accommodation, office suites, boutique retail or long-term rental. Investors also benefit from Vanuatu’s favourable property conditions, with no capital gains tax and low holding costs.
This is a rare opportunity to acquire a mixed-use riverfront holding with income, future development potential, and a strategic location in one of Vanuatu’s key growth zones.
Get in touch with the First National Vanuatu team to arrange a viewing or request further information.