An outstanding opportunity for investors or retail business owners seeking secure storage, strong cash flow, and future flexibility in one of Luganvilles' most practical and high-demand locations.
Positioned on a 935m² allotment in the Sarakata area, this solid block and concrete 3-bedroom residence is paired with substantial purpose-built storage facilities—an increasingly scarce and sought-after asset in Luganville.
Income & Investment Highlights:
• Approx. 290m² total rentable storage space
• Large 190m² concrete storage shed - currently leased at VT 200,000 per month
• Two additional smaller storage units -available for leasing once vacated by the owner
• Strong ongoing demand from retailers, trades, wholesalers, and logistics operators
• Durable block construction ensures low maintenance and longevity
Residential Component:
• Well-constructed 3-bedroom home
• Ideal for owner-occupation, staff housing, or residential rental
• Secure, functional site with excellent vehicle access
Rental Potential:
• Combined rental income from house + all storage units estimated at VT 4.44 million p/a
• Represents an attractive 11.5% approx. gross return at the asking price
• Immediate income in place with clear upside through leasing remaining sheds
Asking Price: VT 39,000,000
A rare opportunity to secure a high-performing, multi-income asset in Luganvilles' growing commercial environment.
Contact us today for further details or to arrange an inspection.