Dugong Resort site is made up of two original titles, each of 4,000 m², for a total land mass of 8,000 m², with approximately 80 metres of absolute water frontage to Teouma Bay. The beach frontage consists of white sandy beach with an outlying coral reef, and the site, considered to be one of the best in the original land development, features extensive ocean views and easy access to Teouma Bay.
Development of the site was initially approved under Resort Strata Lease SP0043 and SP0138 by the Vanuatu Lands Department on 14 February 2014. Due to changes in Lands Department policy it was decided to phase out horizontal strata leases and to date no other such strata leases have been approved, making this site and proposed development quite unique.
Other improvements will include a sea deck with resort pool and lounge areas (for which extensive engineering plans have been completed), a boat ramp (which has been granted environmental approval), a resort pool and surrounding areas (to be located in the centre of the development and which will provide frontage to seven bungalows and the health facility/day spa and poolside bar building) and landscaping and privacy screens. The sea deck will extend over the coral reef providing easy access to the ocean and the offshore coral reefs and accompanying sea life.
Dugong Resort will be developed as a scuba divers themed resort and, whilst catering to all tourist sectors, it will specialise in the scuba dive tourism industry. The developers have entered into an agreement with Pro Dive Pty Ltd, the largest dive academy in Australia (established in 1980), which has over 400,000 divers trained and has taken in excess of four million clients on dive excursions.
The property is located within fifteen minutes driving time of Port Vila and some twenty minutes driving time of Port Vila Airport, which was recently upgraded to accommodate long haul international flights. Access to the property is via the tar sealed island ring road and Narpow Point Road, which is of coral shell base, but, as confirmed by the Vanuatu Infrastructure Department, will be tar sealed over the course of the next twelve months.
There are seven proposed developments, including two golf course developments, within the general locality which have been approved and expect to be completed over the next three to five years. Within one kilometre of the subject property is a US$300m tourism resort, under construction, with a completion date of 2021.
353.88m2 Commercial site with tourist resort reception and 40seat restaurant building;
279.057m2 Commercial site with a dive academy building;
122.759m2 Commercial site with a health facility/day spa and poolside her building;
Four absolute beachfront sites ranging from 109.301m2 to 216.824m2 each improved with a single bedroom tourism resort bungalow;
Seven pool front sites ranging from 109.068m2 to 194.963[112 each improved with single bedroom tourism resort bungalow;
Twelve garden view sites ranging from 176.539m5 to 212.478m’ each improved with single bedroom tourism resort bungalow.
Twenty-four-hour security will be provided by the property developers.