Bayleys Knight Frank agents Rick Kermode of Fiji and Layne Harwood Director, Investment Sales NZ have been appointed by Courtesy Bench Company Inc. to offer the Tikina-i-ra estate for sale with approximately 25 kilometres of Fiji coastline.

Bayleys Rick Kermode said this extensive property spans approximately 10,233 acres (4,141 hectares) of freehold land, making it one of the largest freehold estates in the Fiji Islands.

Tikina-i-ra offers a diverse landscape, including native forests, planted pine forests, plantable land, and grasslands.

The property boasts ocean frontage on three sides—north, west, and south—with approximately 25 kilometres of coastline. This includes secluded beaches, sheltered bays, and protective coral reefs, creating an idyllic setting for tourism or private enjoyment. The estate also features a deep-water inlet at Koroinasolo, enhancing its appeal for marine activities.

Strategically located on the dry side of Vanua Levu, Fiji's second-largest island, Tikina-i-ra comprises 9,822 acres forming a substantial peninsula and an additional 412 acres near Bua Bay.

The property’s elevation varies, with Mt Seseleka rising to 1,380 feet, offering stunning views and diverse topography. The high sunshine hours and established grasslands are ideal for grazing cattle, goats, and horses, supporting potential agricultural ventures.

A one-off opportunity to acquire an incredible freehold property for the future development on Vanua Levu, Fiji's second largest island” added Mr Rick Kermode.

The estate includes untouched native forests and mature pine groves. Fresh water streams traverse the land, contributing to its lush environment. Additionally, the nearby 412 acres Koronibelo area surrounds the now decommissioned Dama airstrip, which could be repurposed for future use.

Tikina-i-ra offers many possible development opportunities and end uses including general tourism, eco-adventure tourism, primary production including forestry and agriculture, marine use, or as a private retreat on the 4,000 hectare peninsula." commented Layne Harwood.

Fiji offers regional tax incentives that may be available depending on the investment goals, adding to the estate's attractiveness. The property’s strategic location, about 2,100 kilometres north of Auckland, New Zealand, situates it within the vibrant Melanesian cultural area. Fiji’s economic landscape is on an upward trajectory, bolstered by consistent growth in tourism and ongoing infrastructural upgrades, such as the major redevelopment of the Nadi International terminal to meet international standards.

Fiji is an archipelago of 322 islands located in the heart of the South Pacific. Vanua Levu, the island hosting Tikina-i-ra, covers 5,540 square kilometres and features a mountainous terrain with peaks exceeding 915 metres. The island's diverse ecosystem includes narrow coastal plains, volcanic origins, and rich marine environments.

Mr Kermode said this unique offering presents an exceptional opportunity for investors seeking a substantial freehold estate in one of the world's most sought-after destinations. Whether for tourism development, agricultural pursuits, or private enjoyment, Tikina-i-ra stands out as a remarkable investment in the Fiji Islands.

Tikina-i-ra is available for sale by Tender (will not be sold prior) closing on Wednesday, 24 July 2024, at 5 pm FJT.