There are over 74 years left on the fresh lease for Erakor Island. The island is currently operating as a very profitable resort with an Associated business license for Erakor Island Resort. A great addition to the property, a beautiful 10.6 acre waterfront parcel is available for an additional US $900K.

The island includes 22 bungalows (70+ pax) plus dormitory(sleeps 32). The property could be turned into a conference facility. The resort saw 75% occupancy over the last 3 yrs. Included is an over water restaurant - one of the premiere dining areas in Vanuatu - with a seating capacity of 100. Two jetty's, 2 vehicles, and ferry included. Fully trained resort "team" with sale.

The optional 10.6 acre parcel is on the main island of Efate, and would be an excellent way to expand the existing resort facilities. It has 430 feet of beachfront, and is just a short ferry ride to Erakor Island.

LAND BANK: 30 x freshly strata titled lots. Site plans/map. Architectural plans for suggested dwellings. Estimated section value $250 AUD per lot. Sections about to be marketed by First National Vanuatu. Strata title was past last year by parliament.