VT 110,000,000

Ideally located in Second Lagoon directly opposite Korman Stadium, this rare 2,290 m² lagoon-front leasehold property enjoys both main road frontage and direct lagoon access, placing it in one of Port Vila’s most strategic and recognisable commercial-residential corridors. The property is improved with a flexible mixed-use complex comprising a road-front retail shop, a two-bedroom residence with large, covered living areas, two self-contained studio units, and a partially completed concrete building, offering multiple income or redevelopment configurations. The land benefits from excellent exposure, accessibility, and proximity to Au Bon Marche and PVIS. With significant undeveloped yard space and strong future upside subject to lease extension and zoning approval, this property presents an outstanding opportunity for investors, owner-occupiers, or developers seeking a landmark holding in a high-growth location.