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Freehold Commercial / Industrial Land, Suva, Fiji Islands [SOLD] |
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This 4.1 Acres Freehold land is sitting on prime location. Easy flow of traffic and spacious layout. It is perfect for commercial / industrial related projects. |
| Price: FJ$1m |
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Commercial / Industrial Lot, Suva, Fiji Islands |
For Commercial / Industrial development |
Property Particulars
Title: Freehold
Land Status: Excavations, compacting, leveling & other earthworks worth $350 000 has been done to make the land flat and ready for development
Size: 4.1 Acres
Location: On Cunnigham Rd, 350m from Rewa Diary Manufacturing Plant, Suva.
Good opportunity for commercial / industrial development
Approximately 3 kilometres from the Suva Central, this Virgin 4.1 Acres Freehold land is sitting on prime location. It is perfect for commercial / industrial related projects due to the easy flow of traffic and spacious layout. This makes it the central place for loading and distribution and has great prospects for malls, supermarket or industrial related projects.
More importantly, this property has easy access to Suva-Nausori corridor either the back way or front way i.e. direct access to Kings Road and Princess Road effectively bypassing Busy Suva Area. In fact Cunnigham Rd is one of the few roads that join Princess and Kings Rd and this gives commuters better accessibility option. Furthermore, this location covers a greater Residential Area in terms of market accessibility for businesses venturing into consumable items, entertainment, eatery chains etc.
All in all, this virgin land is one of the few freehold land available in the close proximity to CBD and the opportunity cannot be missed for own commercial development or for industrial/commercial sub-division.
Land Status
Regarding the Geo-tech aspect of the land, it is comprised of soft stone, henceforth no need for piles or any form of reinforced foundation for heavy structures. Furthermore, Earthworks valued at $500 000 has already been done. A substantial capital [earthmoving] cost has already been saved for developers. Other issues on the Geo-tech checklist such as septic tanks [including Trencher], Drainage and transportation [road] infrastructure has the green light for development.
On the other hand, there is no need for electrical transformers unless above 100kv power is needed for huge Plants. Three-phase power supply is already available and can be picked from the Electrical Poles. Water supply mains pipe has already been run to the road and water pipeline can be picked from there.
Zoning option will depend on the divisional plan of the project undertaken on this virgin land and it is open to industrial [Light, General or Heavy Industrial] or commercial.
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