Description
Nestled in Bua Bay; a bay renowned as a safe haven in bad weather; sits 104 pristine acres of freehold land ideal for a private retreat tourism development or your own private getaway.
This FREEHOLD 1+ km natural waterfront acreage is exceedingly rare as only 7% of all the Fiji Islands land has true Freehold Title.
Fiji is an Independent Nation and is a safe and secure idyllic region for safe storage of assets and further economic growth as the Pacific nation’s emerge in the 21 century.
Deep water frontage is ideal for future marina developments.
You can dive into the pristine reefs & old English Sandalwood trading shipwrecks right at your doorstep, indulge in spectacular fishing & boating & soak up the serenity & untouched beauty.
Near the property is an old runway which has the potential of being re-opened. The right investor would reopen (or purchase the land from the government) the airstrip and gain the lease (30 years or more) over the strip for their compensation of the reopening costs. This will give the developer sole usage rights and then the ability to have a secondary income from the airstrip as this end of the Island would find it of great importance and have a need for runway access.
The property also features 12 acres of harvestable pine forest that blocks out the airstrip, 14 acres of coconut palms and a natural spring, possibly 3.
The property has an elevated position and the slightly undulating terrain makes it perfect for a variety of architectural & commercial buildings with expansive & commanding water views from nearly all directions.
Bua is located on the second largest island of Fiji called Vanua Levu.
Vanua Levu is fast developing with the opening of Bauxite mining and it also has a successful logging trade. Bua is one of fourteen provinces of Fiji & is located in the west of the northern island of Vanua Levu. It is one of three Northern provinces and has a land area of 1,379 square kilometres.
There are daily flights from Nadi and Suva to either Labasa or Savusavu (& hire car is available) or you can also catch the inter-island ferry to either Nabouwalu or Savusavu.
The vendors choose this land well as a future protected development site with both marina & airpark access in mind.
The asking price is in Australian dollars.
Disclaimer
Jokhanrealtors Pte Limited does not accept responsibility for mis-statements or errors contained on this website. Interested persons should rely on their own enquiries. All prices are plus taxes, bonds, stamp duty etc if there are any or unless otherwise stated.
