This is an opportunity to live in Paradise with an established business. This is a small jetpacker hotel on the road to Denerau in Nadi. It is fully licensed, sleeps up to 18 pax in two dormotories and two double rooms.
It is located on Commercially zoned Native land with 99 years starting in 2006.
It has a fully equipped kitchen, restaurant and bar and is rated number one on tripadvisor.
Looking to retire
Property is zoned commercial and the hotel is permitted in this use.
Prime location, on the road to Denarau island and 5 minutes from Nadi Town
If a buyer would like to live on the property they could easily live in the accommodatin or build a private accommodation below the existing one.
99 year lease, yearly rental fee of about 500 USD. Lease commenced in 2006 so there is about 93 years left on the lease
12pm to 9:30 pm
Reasons for selling:
Competition / Market:
There are a few restaurants in Nadi Town. Most are on Denarau island but they re quite a bit more expensive.
It is possible to build more private rooms or dormitory in the rear of the property below the existing accommodation building.
Inventory / Stock value:
$12,000 (included in the asking price)
Furniture / Fixtures value:
$30,000 (included in the asking price)
Support & training:
If requested training can be offered.