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Exquisite waterfront freehold land and custom home
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About this 3 - Unusual |
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VISIT www.fijionthefly.com FOR MORE PHOTOS AND DETAILS
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Location:
Property named "Qaratutu" in beautiful Fawn Harbor bay, Vanua Levu, Fiji.
45 minutes East from Savusavu Airport.
On Nakobo Road, off Hibiscus Highway.
Property size:
9.263 acres freehold oceanfront land
House Completion date:
July 2006
Total square footage of the house:
Over 2,100 square feet plus surrounding decks
Additional large storage unit separated from the house
Bedrooms:
One expensive master bedroom plus two additional bedrooms
Bathrooms:
Two fully equipped bathrooms with corner
bathtub, tub, shower, etc.
Remarks:
Up to 50% financing available! Might consider property exchange as part of payment.
Gorgeous oceanfront property with house built by American Builders Ltd. with all luxuries.
Easy boat access with deep water anchorage.
Affluent fresh artesian spring water with great water pressure.
Awesome floor plan with 360 degree-views (Fawn Harbor bay and rain forest).
800 square foot roofed deck.
Huge bay windows.
19 ft-ceiling in living room.
Polished hardwood floors in bedrooms and living room.
Tile floors in kitchen, dining room and bathrooms.
House completely powered by state-of-the-art solar system with back-up generator.
Hot water heater, huge gas stove (restaurant style), stainless steel appliances in kitchen, washing machine, high quality ceiling fans, big vegetable garden, lots of fruit trees, manicured yard, etc.
All appliances, electronics and furniture included. Turn-key property!
Property appraised by Fairview Valuations for US$900,000.00 (Used by banks for loans)
The entire property is zoned for tourism and could operate a tourist based-business such as a small resort or a dive shop.
It could also be subdivided in several parcels.
Private.
Great neighborhood! Near world famous Rainbow Reef.
* All terms and price are negotiable *
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WHY IS QARATUTU A GREAT INVESTMENT OPPORTUNITY?
The Fiji Islands are the last pristine places on Earth. Freehold properties (which you can buy, own and resell) represent only 8% of the total land. The rest of the land is titled Native Land. This is why freehold lands are a rare commodity. Most importantly, any properties with direct water access are extremely hard to find.
Qaratutu is both freehold and waterfront.
The real-estate market in Fiji is starting to experience a considerable growth and will continue to do so as more and more people are searching for a tropical paradise away from stress, pollution and hectic lives. Fiji is truly the best retreat in the world.
This property has great potential for growth and return on investment.
# 1 Subdivision potential:
The property can be subdivided for resale since it is over 9.25 acres. There are at least four home sites: Two on the hillside (4 acres and 3 acres) and two on the oceanside (1 ½ acres and 1 acre). Once the offshore project finalizes (refer below for details), there will be an additional 2 Ό acres of waterfront property to subdivide. The local surveyors are affordable and experienced in subdividing lots.
# 2 Offshore development project:
We are finalizing a 1 hectare offshore development with a 99 year lease right in front of the property. It includes the reclamation of one hectare and a jetty. We have already obtained permission from the Lands Department. A buyer could finalize this deal which will add great value to the entire property. Once this project is finished, the asking price for the property will increase accordingly.
# 3 Zoning:
The entire property is already zoned for tourism. This means it could operate a small resort, a diving shop, a sport fishing business, a backpacker retreat, etc ... The Fijian government has been welcoming tourism oriented ventures as there is a shortage of rooms and tourist activities. It is estimated that, in 2006 along, there will be a shortage of over 2,000 rooms. The government has actually started a Look North campaign to improve infrastructure on Vanua Levu.
# 4 Sea access:
This land has deep water access meaning that one could park a boat near the land. Fawn Harbor bay is simply gorgeous. It has several small islands with white sandy beach, beautiful snorkeling spots, etc
It is also known as a cyclone shelter for sailboats and is often visited by expensive boats on their way to Taveuni Island. The bay is quite large. The actual reef is about 1 mile from the property which ensures safety in case of a storm or water surge.
# 5 Drinking water:
We have legal unimpeded access to a huge artesian water spring which can accommodate several lots (including swimming pool). The water is gravity fed from the mountain behind us and provides great water pressure. We never run out of water unlike many places in Fiji.
# 6 Custom Home:
The home has an awesome open floor plan with 360 degree views. It is easy to fall in love with it. The house can be rented for great income as it is self-contained and turn-key. Such home would target the high end rental market.
# 7 Location:
The property is only a 15 minute-boat ride from the world famous Rainbow Reef and 30 minutes from Taveuni Island. It is about 45 minutes from Savusavu Airport via Hibiscus Highway. 33 km are not sealed but it is scheduled to be sealed starting with 12 kilometers this year. Within a 20 minute leisure walk from the house, there are natural hot spring baths where you can relax in complete seclusion. There are countless bushwalks to take in the rainforest nearbye.
# 8 Neighborhood:
The entire area is quiet and safe. The neighbors are a mix of Fijians, Part-Europeans and Expatriates. It is clean and pristine. The property itself is quite private.
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QUICK FACTS ABOUT FIJI
Geography
The Fiji Islands consists of over 320 Islands located between 15 and 22 degrees south latitude and 175 and 178 west longitude. Vanua Levu, where this property is located, is the second largest island and has two main towns: Savusavu and Labasa.
Climate
Fiji has the advantages of a tropical climate without undue extremes of temperature and humidity. The driest period is from May to October with cooling south-east trade winds. The hotter and more humid period is from November to April.
People
Fijians are known as the friendliest people on Earth, and they truly are. They are welcoming, warm and helpful. They combine both Polynesian and Melanesian ethnicities. The official language in Fiji is English.
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| City/Town: |
Vanua Levu Island - Fiji |
| Address of Property: |
Fawn Harbor off Hibiscus Road |
| Postcode: |
[Map] |
| Bedrooms: |
3 |
| Reception Rooms: |
1 |
| Bathrooms: |
2 |
| Type of Property: |
Unusual |
| Price: |
US 795000.00 [convert] |
Features |
| Central Heating: |
Gas |
| Burglar Alarm: |
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| Parking Facilities: |
Drive |
| Gardens: |
Front & Rear |
| Double Glazed: |
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| Near Shops: |
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| Near School : |
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| Loft: |
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| Utility Room: |
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| Patio: |
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Extra Features |
| Air Conditioning, Deck, Hardwood |
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Area Information |
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Contact Information |
| Email Seller: |
Email Seller |
| Contact person: |
Craig and Virginie Dorn |
| Advertiser Type : |
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| Phone: |
In Fiji (679) 851-9202 |
| Sellers City, County : |
Savusavu Cakaudrove 679-851-9202 |
| URL: |
P.O. Box 758 |
| Map: |
View property location |
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See other listings by this user (0) |
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Additional photos
Seaside
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View of Fawn Harbor from the top of Qaratutu
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Master Bedroom
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| Loan |
Typical APR |
| Moneyback Bank Loan |
7.6% |
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| Alliance & Leicester Personal Loan |
7.7% |
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| Bank of Scotland Personal Loan (Semi-exclusive) |
7.7% |
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| Halifax Personal Loan (Semi-exclusive) |
7.7% |
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| Barclaycard Personal Loan |
7.8% |
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