Koro Sun Resort "Fiji's Most Authentic Experience"
Savusavu, Fiji
FJD 34,000,000 · For Sale
- Other
- Uncovered parking
- Award Winning Resort with 56 Bungalows & Villas (4.5 star Resort) offered with Vacant Possession - Over (150 acres) 60 hectares of freehold land - a rarity in Fiji - Stunning waterfront location fronting Koro Sea with Brand new Edgewater Lagoon development - 10 Bures with direct water access, a waterfront wet edge pool and swim up bar - Additional development potential The award winning Koro Sun Resort is a scenic 15min drive from colourful Savu Savu. With extensive shore access to the tranquil Koro Bay Lagoon, the 43 rooms include 10 stunning new Edgewater Bures and a further 6 villas with direct lagoon access. Currently operating with a positive income stream, it has strong potential for further development, with approximately 30 acres of Resort land, plus 13 lots, and 90 acres of undeveloped rainforest land there is plenty of opportunity for future growth or to expand the existing operation. Koro Sun Community sub-division offers electrical, water, roads and 24 hour security to home sites. 13 Villa lots remain for sale in phase I. There is also an additional 90 acres of undeveloped rainforest land, with a preliminary government approved plan for 64 additional luxury lots. Koro Sun is located in a TFR or Tax Free Region which is a rarity in Fiji. This opportunity offers exemptions from income tax for 13 consecutive fiscal years with capital investment above FJD$2,000,000. This applies to any newly incorporated business. PRICE: $15,000,000 USD (approximately $34,000,000 FJD)
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