Rara Vunabaka Development

Mamanuca Islands, Fiji

Lease

FJ$6m (VEP)

Property Description

The RARA is a high-end commercial building inclusive of a restaurant, bar, ice creamery bar and shop. The building and land are leased by Six Senses Fiji. The term of the lease is 20 years with confirmed rental income of FJ$379,000 (VEP) per annum. The property is situated on a native land with a lease of 99 years and has great potential for further development.

Property Details

Property Type

RESORT/COMMERCIAL PROPERTY

Land Type 

Native land

Size

1.01 Acres

The building was completed in March 2018 and Six Senses started leasing the property from April 2018

Property Location

Mamanuca Islands, Fiji