Matana Plantation on Koro Island, originally a coconut plantation, comprises over 800 freehold acres of lush, tropical landscape and four miles of white sand beach on the north western side of Koru Island located off the east coast of the main island of Viti Levu.

"While the terrain is pure, untouched paradise, the pristine waters beyond offer incredible visibility of the white sand below, a mosaic of marine life, and world-class diving and snorkelling." says Chester Rendell of Sotheby's.

"The future opportunities are many from securing your own private retreat to developing any commercial activity appropriate for the property."

Mr Rendell continues, "The stand out for this large 806 acre property is that it’s freehold land – a rarity for Fiji where only 8% of the land is freehold."

Matana Plantation is ideal for both a private residential retreat and/or a fully integrated multi-resort development with residential estates, marina, shops, commercial zone, and golf courses. Natural spring waters with a waterfall, an abundance of tropical fruits and unique flora and fauna are added advantages.

Mr Rendell says, "This is a blank canvas so the entire property can be used creatively to cater for any use from a residential resort(s), hotels, golf courses to marinas or maybe just one owner looking for a private retreat."

Matana Plantation offers spectacular beaches with deep water anchorage suitable for small and large vessels.  The bays are sheltered from the trade winds and provide protection from tropical storms.

Koro Island lies in the Koro Sea, the sea named after it, part of the South Pacific Ocean. It is south of Fiji's second largest island Vanua Levu and northeast of Fiji's main island Viti Levu. The island is situated in the Lomaiviti Archipelago, an island group consisting of seven main islands of which Koro. Koro is the seventh largest island in Fiji and measures about 30 kilometers from North to South. It is approximately 110 square kilometers and has 14 small villages along the coast and about 5000 people living on the island.

"There are not that many island properties in this world that offer as many possibilities," according to Mr Rendell.

"This is not for the faint-hearted – this is a serious, multi-million dollar, greenfields development opportunity."

Matana Plantation on Koro Island is for sale with price expectations of around US$9.5m, plus VAT. For more information contact Chester Rendell of Sotheby's via the contact form below.