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Fiji

Hibiscus Highway, Savusavu, Fiji, Fiji

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515,700sqm Land area SQM

Premier freehold going concern Resort and Spa


Even in an entire region made up of island jewels, there are still secret treasures to be discovered. Throughout Fiji, the town of Savusavu in the less populated north is regarded as the country's hidden paradise. Near its prime location on the south coast of Vanua Levu, you'll find the Koro Sun Resort, a 56-room, 4.5-star retreat that is also home to the award-winning Rainforest Spa. What's more, the resort is just part of the 150 acres of freehold tenure land that's included in this sale, leaving substantial room for further development of this tropical getaway-including over water.

Koro Sun Resort is set within a coconut plantation that's encircled by rainforest at the edge of a private lagoon and marina. The area is cherished by travelers for its tropical surroundings and warm, crystal-clear waters. The resort itself is in outstanding condition thanks to consistent improvements over the past 20 years from the same owner and offers a wide array of accommodations, from one and two bedroom villas to it's especially popular and romantic Edgewater bures. The premier Edgewater Lagoon precinct currently offers 10 partially over-water bures and seven unique-in-Fiji floating bures situated on the cusp of the Koro Sea, together with two substantial Edgewater villas with direct water access, three Edgewater Pool Bures and a two-bedroom Marina Bure. Resort amenities and facilities include three restaurants, four bars, three swimming pools, a nine-hole barefoot or pitch-n-putt golf course, two tennis courts, activities center, dive center, recreational center/kids club, and marina.

In addition to the established reputation and income stream, Koro Sun Resort presently includes lots available and ready to market for sale as well as numerous future development opportunities-including expansion of the accommodations, for which a master plan and local planning approvals are already in place. Further residential subdivision is also possible, subject to approvals. A proven draw in a tax-free zone loaded with further potential, the magical Koro Sun Resort is located 15 minutes from Savusavu Airport and just a 50-minute flight from Nadi International Airport. The in-development Nawi Island Marina in Savusavu Harbour will introduce 150 slips with the ability to welcome superyachts.

For Sale by Negotiation
Rick Kermode

Rick Kermode

Commercial and Industrial Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Layne Harwood

Layne Harwood

Commercial, Development and Investment Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Paul Dixon

Paul Dixon

Commercial, Development and Investment Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Occupancy


56 rooms

Amenities


Three restaurants and four bars

Amenities


Three swimming pools

A-grade


A nine-hole barefoot or pitch-n-putt golf course

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