Korovesi Resort Fiji Islands
Korovesi Resort Fiji Islands
LOCATION: Vanua Levu, Fiji Islands
INVESTMENT SIZE: US$2.6 Million
INVESTMENT TYPE: Sale
INDUSTRY SECTOR: Tourism/Leisure
AGE OF OPERATION: 2 years

Address
Lot 1 of Title no. 36509; and Lot 2 of CT 36510; and Lot 3 of
36511 on DP 8534 on Lesiaceva Point Rd, Savusavu, Vanua
Levu, Fiji Islands.

Building Overview
9 separate buildings with living and dining area and master bedroom (all connected) on main level, 4 bures (all connected) on second level, separate house for caretaker, and boat shed by water (suitable for 30ft launch).

Built/Opened
Built 2012 opened in 2014.

Management
On-site husband/wife management team to be overseen by
new owner.

Number of rooms
Five

Food and Beverage
In house chefs. Current hotel/liquor license.

Other Amenities
Pool, sports field, zipline, local beaches.
Building Area
10,000 Square Feet

Projected net operating profit
USD$250,000


ADVANTAGES

  • Stunning location with 180 degree ocean views.
  • Freehold land (a rarity in Fiji with <10% meeting this criteria)\
  • Low running costs (abundant and affordable skilled full and part time local employment force, inexpensive utilities, abundant and inexpensive food)
  • Low competition
  • Great tax benefits (no property tax, low company tax)

Map Location

Korovesi Location Map
Korovesi Location Map