Stunning position with tremendous upside

Botaira Resort rests on a stunning approximately 6 acre beachfront site on the edge of Vuata Bay, in Fiji's magical Yasawa Island Group.\nIn addition to the existing Native land site, a further 6 acres in two adjoining parcels has been consented by TLTB and is currently in process. Preliminary discussions have been held for yet additional acreage to be taken into the resort to provide an even more commanding position within the bay.\nThe resort comprises a main expansive Fijian styled beachfront bar and restaurant bure, arrival bure and office, one executive guest bure on the beach, 6 additional beachfront bures, 4 garden bures and 2 dorms holding 30 and 20 guests respectively. In addition numerous outbuildings house the kitchen, generator and desalination plant, staff accommodation, toilet facilities, laundry and other back of house facilities.\n\nRack Rates:\nGarden Bures F$280 per night.\nBeach front Bures x 6 F$340 per night.\nExecutive beach front Bure x 1 F$550 per night.\n\nMarket:\nThe key markets for Botaira Resort are New Zealand, Australia and the USA.\nA mix of age groups stay, and the resort is popular with honeymooners, families and middle aged couples. Weddings are common place.\n\nRecent investments (since the valuation was completed):\nNew desalination plant F$50,000 approximately.\nNew Generator F$35,000 approximately.\n\nStaff:\nThe village of So So is home for most of the staff. \nThe staff number generally 30 to 35.\n10 to 15 stay on the resort in the staff quarters, and the rest come from the village on a daily basis, a half hour walk from the Resort.\nThere is an on-site manager and typically the breakdown of stage to functions is 12 for grounds and maintenance, 5 in the kitchen, 5 in housekeeping, 5 in activities and watercraft, and 3 in administration, \n\nFood and beverage:\nThe resort is well known for the abundance of fresh mangos, oranges, mandarins, papaya, breadfruit, wild pineapples and vegetables which flourish in fertile soil on the property. The hen house provides fresh eggs and any surplus eggs are sold to the village.\nTraditional Lovo cooking is a specialty of the resort.\nFresh fish is plentiful with regular catches of GT's, Waloo, Tuna, Coral Trout and snapper.\nDry goods are shipped from Lautoka twice a month and perishables come aboard the South Seas Daily ferry.\n\nPower/Water:\nDiesel is barged or brought in on the resorts own boat.\nThere are two wells however water quality and quantity not sustainable, hence the new desalination plant which produces 7000 litres per day, which is sufficient. There is a 130,000 litre storage tank on top of the hill behind the resort.\n\nCultural emphasis:\nGuests enjoy village visits with an opportunity to appreciate the culture of Fiji.\nMat making, basket weaving, tapa creations, singing and dancing?offering a taste of Fiji.\n\nMarine Reserve:\nA marine reserve just in front of the resort was created 12 years ago, which has been responsible for a huge growth in fish numbers, sea cucumbers and lobsters. \nThis was done at the initiative of the present owners and fully supported by the villagers who fish outside the reserve area.\n\n\n