Ad ID: 46502 Inactive

Beach Resort development for sale Fiji for Sale Fiji

Beach resort developmentSale type: Investment (on leasehold land) Owners of the lease on Island are selling current lease which entrail approximately 13 acrres of beachfront land and some buildings that are partially completed.

Business for Sale Description

Beach Resort development for sale Fiji for Sale Fiji

The owners of the lease of property on this Island in Fiji called Matiki Beach are selling the current lease which entails 13 acres of beachfront land and some buildings that have been partially completed. It is only a 20 minutes boat ride from Pacific harbour ; remote but has easy access to the mainland.

The Island is the famous island where the Fijian Firewalkers live.

The developers have owed the property for 8 years but work stopped on the project a few years back.

They have not sold any land lots nor have they marketed the lots for sale other than on one web site that had minimal hit activity.  Stage 2 is another 40 acres is ready to commence if the new owner is looking at the subdivision as a business model.

According to the vendor the land owners are super, “ The most honest people you could come across and even when there has not been any activity for years, the resort development has been kept well by them.”

The Lease is a tourism lease, so some sort of tourism activity needs to be in place.

The yearly lease fee payable is currently $5500 FJD

The vendor with his brother as partner is selling the following facilities:

            * It is leasehold Land

            * It has an approved subdivision

            * It has a main complex built 600+ sq metres. needs completing.

            * Display villa, 3 x octagon quality 2 bedroom kit house from NZ  Mostly completed.

            * Two spring fed waterfalls 24/7 one on the beach.

            * Spring water in various locations on property

            * Option on lease to another 40 acres attached.

            * Current lease is prime long stretch of beach.

Business Resources

The vendor prefers to sell the entire project rather than selling individual land lots.

The following supporting documents are available for reference.

            *  Lease agreement

            *  Scheme plan of subdivision

            *  Scheme plan on subdivision with stage 2.

            *  Floor plan  of display villa.

I welcome your questions about this sale so please don't hesitate to contact me now.

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