Expressions of Interest
Koro Sun Resort Accommodation - Resort - Property ID: 728637
- Award Winning Resort with 43 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.