NADI, WESTERN DIVISION, FIJI 679 - $ 8,139,519 CLICK HERE for a Virtual Tour

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PROPERTY#:11598292

$ 8,139,519

Sonaisali Nadi Western Division Fiji 679

Nadi

     An incredible opportunity for investors and astute developers to acquire 28 executive villas and 8 standard villas on approximately 40 acres zoned for hotel, integrated residential, and commercial development. The majority of the development is on Crown Land with a 99-year lease and 12.78 acres is on Native Land that will entitle the developer to a 99-year lease on settlement. The Site The offering also includes 40 subdivided lots fully approved “integrated resort development “subdivision which allows for hotels, residential subdivision, commercial recreation, marina, and other resort-commercial enterprises. The property also possesses a vast array of features and land-forms that would ensure privacy and retreat for a discerning individual or group as well, the property offers easy access to water for fishing, water-related sport activities, and easy access to surf spots, and yachting to mention a few. The owners are retiring due to age and health, which presents an opportunity for a vibrant developer. The Villas There are 20 executive self-contained villas (concrete building ) ( what parcel ) and an additional 8 wooden villas with a swimming pool and provision for restaurant and dining. The Land The subject site consists of 2 main parcels of land 1) Crown Land – approx. 30.132 acres - Lot 2 Restaurant & Swimming Pool - Lot 3 & 4 Bay view Cove Resort that has (20 Strata Titles x 2 Bedrooms) + 8 Additional Villas - Lot 5 - Proposed Waterpark - Lot 6 - Proposed Waterpark or Retail - 23 Special use lots [Lot 1 to 23] (1141qm - 1424sqm) 2) iLTB Land The proposed subdivision of land known as Nukuvou is approved for Twenty (20) residential Lots. It consists of approximately 12.78 acres with proposed lots ranging from 1123 sqm – to 2058 sqm. A development lease has been granted for 10 years effective 1st of July 2019 The proposed “Bay View Cove” Development consists of the following. -Hotel room and approval to build more - Private gated residential - Commercial & retail zones - Hotel & Resort zones - Marina & Foreshore - Special zones - Restaurant, Bar, Kitchen, Swimming Pool - Proposed Water park - Each of the 20 villas has an Air-condition and Ceiling Fan, Fridge, Dish Washer, Washing Machine, M/Oven - Onsite sewer treatment system - Backup Generator, Water Tank - Swimming Pool - Private Jetty/Ramp
 

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