This large two bedroom apartment is fully furnished and is part of the The Terraces (Resort). The owner has an 84 days usage per year and the rest of the time the hotel manages the apartment and pays a dividend at the end of each quarter. The dividend is fully dependent on the occupancy rate over the period of the year which is paid quarterly.
The apartment is contained in a block of 45 residential self-contained and serviced apartments. The Terraces hotel manages 30 of the apartments on behalf of the owners. Each of these apartments is fully serviced. The resort also has a spa and restaurant which is located by the poolside.
The Terraces (Resort) is located in the Port Denarau Marina complex and is two minutes' walk to the many shops and restaurants that are located in the mall. The passenger terminal in the Marina is the departure point for most of the island resorts. This provides the Terraces with many guests who require accommodation until they move on to an island resort after arriving from overseas.