Carrum Downs, Victoria
Wavi Island, Fiji - 1P5235M
Long Term Leasehold $2,000,000
Business Description
Expressions of Interest are sought from experienced accommodation business operators for sale of a long term leasehold interest in Lot 21 Wavi Island Fiji, being a 1.47 hectare lagoon water front site.
Wavi Island comprises a 22 lots and is accessed from the mainland by a fully constructed over the Water Bridge and roadway.
Improvements currently built on the subject lot 21 include a substantial guest arrival pavilion and lounge, guest amenities with showers and toilets, pool bar, kitchen (not fitted out), gym with change rooms, tennis courts, generator shed and more.
The owner / developer will construct 10 new 1 bedroom Bures, the guest swimming pool and complete the commercial kitchen fit out.
A new 5 year lease with 5 additional option terms each of 5 years (30 years in total)
Expressions of Interest are sought from experienced accommodation business operators for sale of a long term leasehold interest in Lot 21 Wavi Island Fiji, being a 1.47 hectare lagoon water front site.
Kevin Connolly ----------
Business Summary
Other Features / Notes
A:LEASEHOLD, B:MOTEL, B:OTHER OPPORTUNITYKey Investment Insights
1. Long term leasehold interest in a prime 1.47 hectare lagoon water front site on Wavi Island, Fiji.
2. Accessible from the mainland via a fully constructed over-water bridge and roadway.
3. Existing improvements include a guest arrival pavilion, lounge, amenities, pool bar, gym, and more.
4. Owner/developer will construct 10 new 1 bedroom Bures, a guest swimming pool, and complete the commercial kitchen fit out.
5. 5 year lease with 5 additional option terms, totaling 30 years.
6. Seeking expressions of interest from experienced accommodation business operators.
7. Opportunity to own and operate a resort in a highly sought after location.
8. Potential for further development and expansion on the site.
9. Close proximity to popular tourist attractions and activities.
10. Option to purchase additional lots on Wavi Island for future expansion.
