Rara Vunabaka Development
![Rara Vunabaka Development](/media/2625/rara-vunabaka-development-1.png?anchor=center&mode=crop&width=1140&height=550&rnd=132714417040000000)
Mamanuca Islands, Fiji
Lease : FJ$3m (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