FOR SALE BY TENDER - OPPORTUNITY TO AQUIRE OVER 40 ZONED ACRES with 28 VILLAS SONASALI NADI
- 20
- 1424m2
Resort/Hotel
Sonaisali, Nadi, Western
Property for Sale by Tender!
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
Property Information
- Property Type: Resort/Hotel
- Beds: 20
- Property ID: 20599
- Land Area: 1424.00sqm
- Title: crown
Property Features
- Air Conditioning
- Close to Parklands
- Close to Schools
- Close to Shops
- Close to Transport
- Beach/Coastal Property
- Hot Water System
- Near Waterfront
- Pool
- Secure Car Park
- Security Lights
- Tourism Friendly
- Views
- Absolute Waterfront
Nearby Amenities
- Looking for a specific venue?
- Show
Location Profile
Overview Nadi Town is Fiji’s international gateway, as home its main airport and as a transit point to the popular Mamanuca and Yasawa islands that tourists flock to throughout the year. Denarau Island is a tourism mecca with upmarket real estate and connected to mainland Nadi by a bridg...
View location profileMortgage Calculator
Property Price
$100000
Deposit
$10000
Rate (APR)
4.5%
Term
20 years
Repayment $500 / week
Contact Agent
Sonaisali, Nadi, Western
Share this property