Business For Sale Nadi Ad:1039096

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Fiji > Namaka

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FJD$560,000

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Namaka
Fiji

Versatile commercial and residential investment opportunity on high-visibility Queens Road in Korovuto, Nadi, offering steady income and redevelopment potential.

Property Overview:
- 50.44m Queens Road frontage in Korovuto, Nadi
- 1,716 sq.m. iTaukei lease (44 years remaining)
- 244 sq.m. main building with shop and living areas
- Existing rental income from retail space and two flats
- Commercial zoning for mixed-use development

Key Features:
- 91 sq.m. retail shop with integrated living
- Two self-contained flats (2BR 65 sq.m., 1BR 88 sq.m.)
- Direct road access with public transport
- Professional valuation by Pacific Valuations
- High redevelopment and value-add potential

Description:
This prime property on Queens Road delivers immediate dual-income streams through its retail shop and two residential flats. With impressive road frontage, convenient public transport access and commercial zoning, it presents an ideal canvas for modern renovation or expansion, promising strong yields and long-term capital growth in Nadi-s bustling Korovuto district.

Comment:
Prime commercial & residential investment opportunity on Queens Road in Korovuto, Nadi, next to Korovuto Primary School and minutes from Nadi Town. Features a 50.44-meter road frontage, 1,716 sq.m. iTaukei commercial lease (44 years remaining) and easy access to public transport and major amenities. The main building (244 sq.m.) includes a 91 sq.m. retail shop with integrated living area, a 2-bedroom unit (65 sq.m.) and a 1-bedroom unit (88 sq.m.), generating dual rental income. Backed by a professional valuation, the commercially zoned regular-shaped lot offers high redevelopment potential and value-add opportunities for modern renovations.

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