Jubilee Farm, Luganville ,

Under Contract $180,000

Under Contract
  • 15 ha (approx) Land Area

Let The Rich Soil Provide Your Nest Egg!

Price slashed to Sell -your retirement plan - in Espiritu Santo!

Just 15 minutes from the main town this fertile block is 15 hectares with several hectares currently planted. The jewel is the kava - currently the most lucrative cash crop in the South Pacific.

Last year sandalwood and whitewood was being planted - which means more great great returns in around 15 years. What better way to invest for your retirement or nest egg!!

Sandalwood can yield up to $AUD1m per hectare at maturity - do your own investigation.

The remaining arable land has been fenced for grazing cattle and they are growing fat right now.

When the trees get big enough the cattle can graze beneath them also.

A manager lives on site so you don't need to do much to enjoy the fruits of this lovely property.

Power can easily be linked to the block and a water bore would provide more than enough irrigation if required - although rainfall here is excellent anyway.

The beautiful black soil will grow almost anything - suitable for pepper, turmeric, pineapples, ginger, pawpaws...... the list goes on.

A rare opportunity - the hard work has been done for you but there's plenty of room for expansion and now the vendor has committed to another project so has reduced the price and said - "bring me any offer!"

Call now to view or for more information.

Make enquiry

This property is proudly listed by:

First National Real Estate Santo Hotel Santo Building - Main Street LUGANVILLE Vanuatu

Open for Inspection

By Appointment

Additional information

Property Type Farming/Cropping
Property ID 31956110078
Price $180,000
Land Area 15 ha