News

Snap up a piece of island paradise with 20 Ramada suites up for grabs

By Liam O'Boyle

As international borders open, and overseas travel is back on the cards, the sale of 20 beachfront units in Fiji is a chance for Aussie’s to snap up a piece of paradise.

The perfect home away from home, the four-star beachfront apartment suites are part of the Ramada in Nadi, Fiji.

The vendor, originally from regional NSW, has been living and working in Fiji since 1986 and purchased his first resort in 2002.

After purchasing a vacant block of land, the Ramada was finished in 2018, consisting of a total of 40 fully-contained apartments, and five commercial units which include the world class rooftop bar and restaurant, Club 57 on Ramada

The 20 suites for sale include nine two-bedroom suites, two one-bedroom suites, and nine king-studio suites.

The properties are being marketed by Ray White Commercial Gold Coast agents Scott Wells and Justin Lowe, and Ray White Surfers Paradise agent Harry Ranchhod.

“The fully-furnished Ramada units are located directly on Wailoaloa Beach with plenty of onsite facilities including a gym, lap pool, spa, beauty salon and even a rooftop bar and restaurant,” Mr Wells said.

“This is an excellent opportunity to secure a beachside unit in Fiji where people can finally escape their homes post lockdowns and go back to enjoying international holidays.

“Not only that, but when the unit is not in use, you can enter it into the letting pool which provides guaranteed income for every night it’s in the pool.

“It is also a great opportunity to own units in a building with a global brand name like Ramada.”

Mr Wells said buyers could purchase one, or multiple suites.

“The property is excellent for a buyer who would enjoy having a holiday unit that can also generate a substantial investment return year round,” he said.

With international borders open, Mr Wells said there were many opportunities to capitalise on the tourism market.

“Opportunities for tourism are endless as, for the last two years, people have been battling lockdowns and strict limitations on international travel,” he said.

“Now with international borders opening up, people want to resume travelling and exploring which will be an incredible boost to the tourism industry.”

The suites are for sale via expression of interest closing March 31 at 4pm.

Up to Date

Latest News

  • When is the best time to flip a property?

    There are many different methods of making a return on your initial investment or ROI. Flipping houses involves buying a property for low-price improvements, and selling it for more than the purchase price and upgrades combined. But this methodology takes skill, intuition and industry knowledge as well as good timing. … Read more

    Read Full Post

  • What kind of real estate is an evergreen asset?

    It's well known that real estate can be one of the most reliable forms of investment. Some may even call it an evergreen asset, meaning that it will be beneficial for your portfolio regardless of the current economic climate and state of the industry. However, there are different types of … Read more

    Read Full Post