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Fiji

Vuda Point, Viti Levu

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Property ID QBS12183

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An Impressive Development Opportunity

First Landing Beach Resort & Villas is located on prime beachfront 15 minutes north of Nadi International Airport. First Landing Resort is next to the Vuda Yacht Marina at Vuda Point with magnificent views of nearby Mamanuca islands. First Landing Resort is a well-established owner/operated resort and property developer in the Fiji, having commenced operations in 1996.

The resort has 34 bures. In addition there are 18 villas and three apartments, all on 7.4 acres of leasehold land that are individually owned and managed by the resort. First Landing Resort has a popular beach side restaurant and day spa.

Adjacent to the resort there are 44.6 acres of prime development land comprising near beach, ocean view and mountain view sites. The resort also has a 33 acre foreshore development lease in front of the resort.

The resort owners have a staged master plan for its development land. The potential is for three more hotel sites, apartments, villas and residential subdivisions. Of particular note is the significant potential of the foreshore. Vuda Marina is in active development, reclaiming land on their foreshore for a second, larger marina basin capable of berthing super yachts.

The resort has completed the environmental impact assessment and engineering plans for its foreshore development which would comprise forming a 6 acre peninsula next to the new Vuda Super Yacht Marina. This peninsula can have water front tourism villas and multi-story apartments, all with spectacular ocean views to nearby islands. In addition a magnificent restaurant, horizon pool and functions area is planned on the completed 1.4 acre "left foot island" in front of the existing resort restaurant and small resort marina.

The resort shareholders are seeking interest from serious investors who see the significant development potential in Fiji's primary tourism and residential growth area. The shareholders will assess any ownership options or structures put to them.

www.firstlandingresort.com

Chester Rendell

Chester Rendell

Bay of Islands

Cell Phone+64 21 964 873

Emailchester.rendell@nzsir.com

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