| 29 Nov 2000 - One of Vanuatu�s most loved island
resorts has sold to a professional baseball player, Troy Neel and his wife,
Jasmine. US and Canadian citizens, Troy and JJ are scheduled to return
to Japan in late January when Troy begins spring training. A former MVP,
Troy is a designated hitter, sure to take Erakor Island to new levels of
performance.
Created and developed by Sydney entrepreneurs� Michael and Di Nicholas
in |
Troy and
JJ Neel, Erakor Chief,
Mike & Di Nicholas
Photo credit: Karen Jeffery
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the early eighties, the property, under the Neel�s stewardship, is due
to undergo extensive renovation and expansion, including several new beachfront
bungalows, a sportsbar and spa. Plans also include six private villas to
be built on the sunset coast of the island and sold to individual investors.
Michael Dalke of Resource Pacifica will spearhead the effort to re-develop
and re-position the resort.
| The sale was brokered by Pacific Island Investments,
an international brokerage and consulting firm, based in Hawaii and specializing
in resorts and private islands throughout the South Pacific. PII, through
its local Vila affiliate, Island Properties, will handle the marketing
and sale of the villas.
The island is owned and leased by Erakor Village, which supplies most
of the resort�s employees. Andy and Haidee |
Erakor Island
Resort is a boutique hotel located on a pristine 16-acre island, surrounded
by white sandy beaches, floating in a breathtaking lagoon.
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Johnson of Australia are the resort managers and will stay on during the
construction and re-positioning phases.
Westpac Bank (Port Vila) financed part of the AUD$4.5 million package. |
