For Sale New Listing
Malolo, Nawaka Village, Western, Fiji
  • F$920,000/plus VAT if applicable

Description

This property has undergone a complete transformation. New floor tiles throughout, modern kitchens, larger private verandahs, drive on access and parking for 4 vehicles at the rear of the property for tenants, and parking for several vehicles at the front of the top apartment.

This is the ideal home and income or investment property. Live in one apartment and have the tenants contribute to the mortgage. Or renting the entire building out will bring an annual income over $43,000.

The property has a large water tank that can sustain the apartments for over a week, and is back up by its own bore water supply that can also fill the tank if needed.

The property has 3 x 2 bedroom apartments, and 1 x 1 bedroom. The current roof is flat concrete as there have been plans to extend the building up another level, a new owner may wish to add 2 more flats or to build a larger home for themselves. The current upstairs 2 bedroom has a master bedroom with ensuite, a seperate bathroom and laundry, and Air conditioning. The living area has been converted to a modern, open plan kitchen with a large double door fridge/freezer. It also has a verandah which doubles as an outdoor dining area.

The vendor is willing to sell the property fully furnished if the market meets the asking price allowing an easy transition for a new owner as an investment property.

Navo is just off Queens highway as you leave Nadi Town. The access road is currently gravel, but plans to upgrade the road have been circulated. The property is approximately 3km from the Nadi Temple roundabout.

The property is Crown Lease, with a 99 year lease from 1 January 2008.

  • City Nadi
  • State/county Western
  • Area Navo

Details

Updated on September 28, 2021 at 6:21 pm
  • Property ID: SF-5236
  • Price: F$920,000/plus VAT if applicable
  • Land Area: 1000 m²
  • Property Type: Multi Family Home
  • Property Status: For Sale, New Listing

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