Koro Sun Resort
$23,500,000
- 19
- 18
Resort/Hotel
Koro Sun Resort, Savusavu, Northern
-Award Winning Resort with 43 Bungalows & Villas (4.5 star Resort) offered with Vacant Possession
-Over (150 acres) 60 hectares of freehold land - a rarity in Fiji
-Stunning waterfront location fronting Koro Sea with Brand new Edgewater Lagoon development
-10 Bures with direct water access, a waterfront wet edge pool and swim up bar
-Additional development potential
The award winning Koro Sun Resort is a scenic 15min drive from colourful Savu Savu. With extensive shore access to the tranquil Koro Bay Lagoon, the 43 rooms include 10 stunning new Edgewater Bures and a further 6 villas with direct lagoon access.
Currently operating with a positive income stream, it has strong potential for further development, with approximately 30 acres of Resort land, plus 13 lots, and 90 acres of undeveloped rainforest land there is plenty of opportunity for future growth or to expand the existing operation. Koro Sun Community sub-division offers electrical, water, roads
and 24 hour security to home sites. 13 Villa lots remain for sale in phase I. There is also
an additional 90 acres of undeveloped rainforest land, with a preliminary government
approved plan for 64 additional luxury lots.
Koro Sun is located in a TFR or Tax Free Region which is a rarity in Fiji. This opportunity
offers exemptions from income tax for 13 consecutive fiscal years with capital
investment above FJD$2,000,000. This applies to any newly incorporated business.
Property Information
- Property Type: Resort/Hotel
- Beds: 19
- Baths: 18
- Property ID: 6885
- Original ID: 10000704
- Price: $23,500,000
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Location Profile
Overview Savusavu is known as Fiji’s “hidden paradise”, and is a quaint township famed for its hot springs, pearl farming, scuba diving and high-end resort properties with some of Fiji’s most naturally stunning vistas. The CBD is nestled on the shores of a deep ...
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Property Price
$23500000
Deposit
$2350000
Rate (APR)
4.5%
Term
20 years
Repayment $500 / week
Contact Agent
Koro Sun Resort, Savusavu, Northern
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