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CORAL MOTEL & APARTMENTS NOW FOR SALE The Coral Motel is a "Gold Mine" for anyone wishing to enjoy a laid back lifestyle in a Tax Haven country (no personal income tax, no company tax, no capital gains tax, totally fantastic) located in the South Pacific country of Vanuatu, which close to Australia and New Zealand and is being sold on a "walk in, walk out" deal which will benefit the new owners immensely. Coral Motel and Apartments is now working close to full accommodation potential with the last two years showing an average occupancy rate of over 81%. The Coral is the preferred choice for a great number of people returning to Vanuatu and via referrals from our past guests, due to apartments being very large, kept extremely clean, self contained with full kitchen facilities and private balconies. Our emphasis is not so much from within the tourism industry from which we get plenty of bookings, but rather the extended stay and longer term guests such as business people, workers on employment contracts, religious groups, missionaries, etc. This shift has been a deliberate tactic by us, enabling us to move away from the “over servicing” of the tourist market and filling a void which we saw as evident from our first days in Vanuatu. This shift has seen a significant increase in occupancy which is averaging at 80% per annum. The Coral is conveniently located and the closest accommodation to the International/Domestic Airports and also within easy access of town and CBD. This is a great motivator for people to choose us ahead of other Budget Motels/Hotels. Coral Motel is a quiet place with no bar or restaurant to keep the guests awake late into the night with undue noise and disturbances. Although we have Vanuatu Investment Promotion Authority (VIPA) approval for both restaurant and bar facilities, we have chosen not to enter this field at this time. The Coral is in Cyberspace with its own website www.coralmotel.com and also listed with various other sights = www.vanuatutourism.com www.travelmaxia.com www.tripadvisor.com www.globetrotters.co.uk www.spto.org www.vanuatu-hotels.vu = which are adding greatly to our e-mail enquiries and bookings. We also take pride with numerous and continual repeat bookings and bookings from personal referrals. The Lonely Planet Guide has given us the “thumbs up” and we take bookings from Europe and USA due to this. We are popular with tourists heading to the outer Islands and returning, due to our convenient location to both Airport and CBD. Although we advertise a small fee for return airport transfers, we rarely charge this which is a significant bit of PR. We now have building plans drawn up, with development approval (from 5th August 2007) for seven two level, one bedroom apartments to be built strategically behind our existing apartments in “terrace” style. Currently, eight of the ten apartments have been freshened up with new paint, new furniture, new linen (Sheridan), new gas stoves, new 2-door fridges, new TV’s & new curtains. We have cable TV systems installed plus a DVD channel and carry an extremely comprehensive DVD library, all of which is controlled from the manager’s residence behind the main office. All kitchens are being replaced with full timber (Rosewood) on a room by room basis beginning mid 2007 with seven apartments completed to date (February 2008). All timber balustrades have been replaced with the best quality Vanuatu hardwood. During November 2008 new Fujitsu Inverter Split System Air Conditioners were fitted to the five Bay View (top floor) apartments, which has boosted occupancy further. All maintenance carried out has been to the best standards with a “replacement where possible” policy by us and all the staff. This policy has seen us progressively moving forward bringing the premises up to standard, rather than a “return to fix it again & again” mentality. We can be assured our guests have a stress free stay with us and possibly put us at the head of their list for their next visit, if they chose to return and also recommend us to their friends, family and business associates. As a little bonus, we are including our beautiful little wooden (NZ Kauri) yacht, built in 1960 at Smith’s Boatyard in New Zealand by Smith himself to one of his designs (resembles Hereshoff) and after launching, the yacht was reputedly sailed to Florida, USA then back to Fiji, New Zealand and followed up with a journey to Vanuatu, where she now resides. She is 26’11” in length 5’ draft with a full keel. Construction is of tongue & grooved Kauri Pine and with tiller steering. Has a mooring in Port Vila Harbor and can be enjoyed when taking a break from work. A property valuation has been issued as at 11th March 2008 which exceeds the asking price for this great business opportunity. A fresh 75 year land lease to be issued by Vanuatu Lands Department in April 2008. AUD $1,680,000 W.I.W.O. Please contact us for more information on this "once in a lifetime" opportunity.
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INVESTMENT MOTOR VEHICLE FOR SALE |
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SOLD = SOLD = SOLD = SOLD = SOLD
VINTAGE 1933 PACKARD V12 ROADSTER
SOLD = SOLD = SOLD = SOLD =SOLD VERY RARE, VERY DESIRABLE, VERY COLLECTABLE AND VERY MUCH AN INVESTMENT. AUD $350,000 =============================== |
VANUATU LAND FOR SALE 4000M2 A beautiful rectangular, fertile one acre block. Very gently sloping land with spectacular 160 degree open ocean views plus rural views. The cooling south easterly breezes are constantly drifting across the block just waiting for a lucky person to build their dream home in a tropical paradise. Power and water already at front boundary of block.
This magnificent block is only a short 10 minute drive south of Port Vila and for sale now for only AUD $75,000.
Contact owner direct now. Scroll down for more photos ------------
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