The Mall at Vava’u, Tonga

Neiafu Main Street
Neiafu, Vava'u Island Group
Summary
Property Categories: 
Type of Contract: 
Bedrooms: 
14
Floor: 
3

Description

Half interest is available in the profitable and rock solid built “Gutenbiel Plaza” mall overlooking the sea in Vava’u; the only mall in Vava’u and 100% rented out at this writing is being offered at below replacement cost. Half ownership for just $233,000 USD is a bargain in this expat preferred and growing area of Tonga. There have been over 100 residential lots recently sold in Vava’u with expectations of an influx of new expats who bring in foreign capital and serve to create economic growth when most places in the world are on the decline. Just as it is now this investment will earn a net of 10% return on your investment, plus appreciation and increased earnings as rents naturally go up.

Half interest is available in the profitable and rock solid built “Gutenbiel Plaza” mall overlooking the sea in Vava’u; the only mall in Vava’u and 100% rented out at this writing is being offered at below replacement cost. Half ownership for just $233,000 USD is a bargain in this expat preferred and growing area of Tonga. There have been over 100 residential lots recently sold in Vava’u with expectations of an influx of new expats who bring in foreign capital and serve to create economic growth when most places in the world are on the decline. Just as it is now this investment will earn a net of 10% return on your investment, plus appreciation and increased earnings as rents naturally go up.

The mall was offered at over $600,000 USD until recently when one of the two partners preferred not to sell while the other needed to consolidate and is therefore selling his half. The advantages of buying half of this investment are many with the main one being; the partner staying in was the builder of the mall and he manages the mall. He is an Italian fellow of high integrity and held in high regard in Tonga. He is the perfect partner for anyone who might either not be able to become active in the running of the mall or who prefers just to remain passive. There isn’t a lot of work managing the mall in any event given its maintenance free construction and the low cost of labor in Vava’u Tonga.

This investment has been providing its owners a fine income for over 8 years now. These numbers are available to qualified buyers. Just ask and we can sort out these details.

All you need is $233,000 in cash to buy in for fifty percent ownership of “THE MALL” in this growing northern territory of Vava’u in the Kingdom of Tonga. With this pricing there is a 10% ROI the first year, and moving up each year.

As the owner of “The Mall” you are the significant investor in Vava’u and the owner of the landmark building in town. The investment qualifies you for your business investment residency visa, which is your ticket to live in paradise and to start a new and secure kind of lifestyle. Due to the low cost of labor you can have domestic help for a fraction of what it costs in most places in the world. Your chauffeur will cost you less than $20 per day. Your cook and housekeeper even less if you provide housing for them. It is hard to imagine that overnight, literally, you can transform from whatever is bugging you now into living the storybook life where fortunate people live well, enjoying life to its fullest.

Speaking of living well, the owner of the mall is also selling his large and impressive home by the sea. The combination is the total dream really. The house price came down from $500,000 USD to just $335,000 USD. Two bargains here for the person with the cash to become an instant BMOC in this small ocean side town.

MORE ON THE MALL- The Mall consists of 14 rental units plus a small apartment in a 3 story reinforced concrete building, rising from the marina in the main harbour up to the main street in the heart of the main town. The Mall is the first-class building with the prime tenants. There are two thriving restaurants, one down by the water below and the other overlooks the harbour above. The rest of the tenants are business offices and small shops over the 3 floors.

Location is prime too, right in the heart of town on the main road on the sea side of the road and all the way down to the waterfront. The construction is virtual maintenance free reinforced concrete and cement block, tiled and decorated for permanency.

For more information qualified enquirers may contact this site for the details, please email: info@southpacificrealestate.to

Amenities

  • Air Conditioning
  • Roof fan
  • Central Heating
  • Balcony
  • Roof Terrace
  • Use of pool
  • Beds
  • Cleaning Service
  • Towels
  • Smoking allowed
  • Coffee Pot
  • Dishwasher
  • Fridge
  • Grill
  • Hairdryer
  • Iron
  • Juicer
  • Lift
  • Microwave
  • Oven
  • Parking slot
  • Parquet
  • Toaster
  • Cable TV
  • Internet Access
  • Radio
Price: 
$233 000USD