Belbarav subdivision offers 38 rural residential lots, is situated just off the main highway from Luganville towards the International Airport, on the road to Million Dollar Point just outside Santo CBD. The drive into town is not more that a few minutes.
The southerly facing site slops gently towards the waterfront with some large trees and offers water views from the majority of the generous plots which do vary in size but average around 4000m2.
As you would expect there is a covenant in place to protect against over development and the future value of your investment. The m2 price compares favorably to the price of lunch in town.
Fifteen blocks have direct and private water frontage overlooking the channel and islands, despite their great location and plot sizes, they represent great value for Santo.
The remaining 22 residential blocks enjoy the use of a boat ramp and a good community maintained road system; these blocks are available at an m2 price not more than two bottles of local beer in today’s market.
There are 2 Commercial lots at the entrance to the estate which enjoy main road exposure, perfect for a commercial centre or Bar/Restaurant.
This subdivision represents outstanding value per m2, is one of the few fully serviced projects available in Santo today. Anyone looking to relocate, build a retreat, holiday home or benefit from the obvious growth is guaranteed to see positive value in the long term. The rental market is set to grow as more and more companies and agencies setup shop, maybe you have the idea to retire in a few years buy now put Belbarav at the top of their list of possibilities.