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Lot 13 Wailoaloa Rd, Nadi, Fiji

Asking Price $9,000,000

1,099m²

Enjoy Resort Style Living in Wailoaloa…

Embodying serenity, class and luxury thanks to it’s absolute position, this treasured apartment is a rare market offering...

Discover the potential of this investment gem EL PALM APARTMENTS, an 8 unit property in the thriving area of Wailoaloa.

Whether you’re looking to expand your investment portfolio or just getting started, this property is an investor’s dream.

The property has been cleverly designed to maximise open space and endless light, with each unit either flowing outdoors or overlooking the views.

EL PALM Apartments presents a lucrative income generating opportunity with our current influx in the tourism industry. Located on Lot 13 Palm Drive, Wailoaloa, this 8 unit Apartment offers two bedrooms each and each unit comes with an on-suite and a separate bath and shower

•8 unit Apartment Opportunity

•100% Leased

•Large Lot with Parking

•Swimming pool with great outdoors

To add more value to the units, this property comes with a Five Year Hotel Licence effective from 2023. A rare investment opportunity that offers endless opportunities.

Investment Highlights

•Property Type : Hospitality & Multi Family

•Desirable Location: Palm Drive, Wailoaloa. Close to all amenities

•Owner/User Potential: Buyer could occupy one or more of the vacant units for their own use and lease out the rest for cashflow.

•New construction : The property was delivered two years ago and has been occupied on AIR BNB basis

•High end finishes : Units offer sleek and stylish designs, air conditioning, washers & dryers, modern kitchen and bathroom finishes

•Retail Accessibility : Close proximity to cafes, bars, supermarkets and much more

The property has 8 apartments and is currently operated for short term accommodation. It of course can be rented on a long-term basis should the incoming investor wish to do so.

Take advantage of this opportunity to acquire a property in a dynamic market that promises solid returns.

A new owner can significantly increase rental income by trading this venture as a mini hotel with it’s current hotel license.

Type 'accommodation in Nadi' and click on 'Homes, Apartments and More', El Palm pops up as the first property of choice considering it has the highest rating.

Call in today to book a viewing.....

Additional details

Type

House

Property ID

5000235

Listed on

20/12/2024

Updated

2 days ago

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Time (yrs)

5 yrs

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