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► Land ProductsLand Available for LeasingBakula/Sigania

Bakula/Sigania

For further details, please contact Mr. Peni Qalo, Manager Tourism on Telephone No. 672 3771 ext 251, Mobile No. (+679) 999 5904 email pqalo@tltb.com.fj.

All proposals must be in a sealed envelope marked "EXPRESSION OF INTEREST – TOURISM DEVELOPMENT OF "THE SUBJECT LAND" and post to: The Manager Tourism, iTaukei Land Trust Board, Private Mail Bag, Nadi Airport, Fiji or placed in the appropriate Tender Box located at TLTB Tourism Office, Level 1 Airport Central Building, Namaka Nadi.
 

Land Name Bakula / Sigania - Gunu, Naviti, Yasawa (Lot 1 SO5586)
Lease Type Tourism
Location Approx 45 minutes boat ride from Lautoka (direct) or 3 hours from Denarau port via Awesome Adventure Cruises.
LOU Benefits LOU shares –optional, not mandatory with consideration to lower premium.
Description Site is blessed with white sandy beach swaying palms and crystal blue waters for dive and snorkelling. Topography flat land with gentle slopes at back land. Ideal for resort, private res villa development.
Land Area 17.402 hectares (43 acres) survey.
Term of
Term of the Lease 99 years.
Premium $1.72m (minimum rate of $40,000 per acre). A one off payment only.
Annual Rent $10,000 per annum and subject to review in every five years. From the 6th year the rental shall be based on 3.5% of gross receipts and increase by 0.5% in every 10 years until it reaches 5.5%.
Reserve Status The land is within reserve and will require the majority consents of 60% of members of the landowning unit above the age of 18.
Water boreholes or desalination plant at the cost of applicant.
Power Solar and generator at the cost of applicant
Access By boat or sea plane or helicopter.
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