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Nadi

Lot 13 PALM DRIVE, WAILOALOA RD, Nadi, Fiji

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16 Bedrooms
16 Bathrooms
1,099sqm Land area SQM

Enjoy Resort Style Living in Wailoaloa…


Embodying serenity, class and luxury thanks to it's absolute position, this treasured apartment is a rare market offering...
Discover the potential of this investment gem EL PALM APARTMENTS, a Freehold 8 unit property in the thriving area of Wailoaloa.
Whether you're looking to expand your investment portfolio or just getting started, this property is an investor's dream.
The property has been cleverly designed to maximise open space and endless light, with each unit either flowing outdoors or overlooking the views.
EL PALM Apartments presents a lucrative income generating opportunity with our current influx in the tourism industry. Located on Lot 13 Palm Drive, Wailoaloa, this 8 unit Apartment offers two bedrooms each and each unit comes with an on-suite and a separate bath and shower
•8 unit Apartment Opportunity
•Currently operating as Airbnb
•Large Lot with Parking
•Swimming pool with great outdoors
To add more value to the units, this property comes with a Five Year Hotel Licence effective from 2023. A rare investment opportunity that offers endless opportunities.
Investment Highlights
•Property Type : Hospitality & Multi Family
•Desirable Location: Palm Drive, Wailoaloa. Close to all amenities
•Owner/User Potential: Buyer could occupy one or more of the vacant units for their own use and lease out the rest for cashflow.
•New construction : The property was delivered two years ago and has been occupied on AIR BNB basis
•High end finishes : Units offer sleek and stylish designs, air conditioning, washers & dryers, modern kitchen and bathroom finishes
•Retail Accessibility : Close proximity to cafes, bars, supermarkets and much more
The property has 8 apartments and is currently operated for short term accommodation. It of course can be rented on a long-term basis should the incoming investor wish to do so.
Take advantage of this opportunity to acquire a property in a dynamic market that promises solid returns.
A new owner can significantly increase rental income by trading this venture as a mini hotel with it's current hotel license.
Type 'accommodation in Nadi' and click on 'Homes, Apartments and More', El Palm pops up as the first property of choice considering it has the highest rating.
Call in today to book a viewing.....

Asking Price FJ$9,000,000
Farah Aziz

Farah Aziz

Residential Sales

BAYLEYS REAL ESTATE (FIJI) PTE LTD
Licensed Real Estate Agents NO. 0038
Sanjeet Kumar

Sanjeet Kumar

Residential Sales

BAYLEYS REAL ESTATE (FIJI) PTE LTD
Licensed Real Estate Agents NO. 0038

Features

Location


Situated on Palm Drive, Wailoaloa, close to cafes, bars, supermarkets, and other amenities, making it highly desirable for residents and tourists alike.

Layout


Each of the 8 apartments features two bedrooms, with en-suite bathrooms, separate baths and showers, air conditioning, modern kitchens, and stylish finishes.

Home and income


Five-Year Hotel License: Operating since 2023, the property is licensed as a mini hotel, offering flexibility for short-term or long-term rentals.

Outdoor living


Includes a large swimming pool and outdoor spaces designed for leisure and relaxation, adding to its appeal for guests.

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