Two-Title Property with Development Potential in Bellevue 2, Port Vila

Description

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Located in the established residential area of Bellevue 2, Port Vila, Vanuatu, this property presents an excellent opportunity for buyers seeking a home with additional land, renovation potential and scope for future development. The property is held across two separate land titles, offering valuable flexibility for future use. One title contains the existing residential improvements, while the second title is predominantly vacant land, providing excellent potential for the construction of an additional residence, rental accommodation or other future development. The existing improvements are of concrete construction and positioned toward the boundary of the developed title, leaving a generous amount of open space available for further improvements or expansion. The property currently comprises a four-bedroom, two-bathroom main residence, together with a separate studio, offering practical options for extended family, guest accommodation, a home office or additional rental income. The residence would benefit from some renovation and refurbishment, but with the right improvements it could readily be restored to a very good standard. This also gives a new owner the opportunity to modernise the property and add value according to their own requirements. Surrounded by established homes and mature greenery, the property offers the advantage of being within a recognised residential neighbourhood while still providing substantial space and future development potential. Property Highlights: - Located in Bellevue 2, Port Vila - Property held across two separate land titles - One title includes vacant land with future development potential - 4-bedroom, 2-bathroom main house - Separate studio accommodation - Solid concrete construction - Existing buildings positioned to maximise remaining usable land - Generous open areas for possible future development or additional improvements - Property requires some renovation and refurbishment - Opportunity to renovate, develop and add significant value - Established residential neighbourhood - Suitable for owner-occupiers, investors or developers For buyers searching for Bellevue real estate, a Vanuatu property investment, or a residential property offering both an existing home and future development potential, this is an opportunity well worth considering. Contact us today for further information or to arrange a site inspection. Boundary lines are indicative only.