|Asking Price||US $1.75M (plus 9% VAT if applicable)|
|Feature||Boutique Resort Operation|
USD$1.75M (+ 9% VAT if applicable)
- 99 ACRES FREEHOLD ? BOUTIQUE RESORT and DIVE OPERATION ? CALM WATER ANCHORAGE
- Sau Bay Retreat is the Rainbow Reef?s premier boutique resort and dive operation located on Vanua Levu. Tucked in to a secluded and tranquil cove just 10 minutes from the spectacular dive sites on the Rainbow Reef and 30 minutes from Taveuni, Sau Bay Retreat is a haven for honeymooners and divers alike. With a beautiful calm water anchorage in front and 99 acres of virgin rainforests behind, this is a peaceful retreat for it?s owners and guests alike.
- In operation since 2012, Sau Bay Retreat currently comprises of three studio waterfront cottages and one two-bedroom family cottage. All accommodations (with the exception of the Safari Tent) are air conditioned and all have indoor and outdoor showers. There is a spacious bar and restaurant which opens onto a large deck with gorgeous views to the bay and distant mountain tops. The retreat has a dive shop, an owners residence, laundry room with commercial washers, power house /workshop, office building and staff accommodation plus a small massage bure overlooking the bay.
- The property is off grid and has three generators and two water makers. The dive operation has a custom built 12 passenger aluminium outboard powered dive boat and all new dive gear purchased in 2019 comprising of Atomic Regulators, Suunto dive computers and Zeagle resort buoyancy compensators. It also has a 15 cubic foot per minute three phase scuba compressor and 40 aluminium scuba tanks. The dive shop also has sea kayaks, stand up paddle boards and a 25 foot fiberglass center console panga for snorkeling and trips to the nearby manta ray station.
- The resort has been owner-operated since new by a husband and wife team along with 8 other staff primarily as a lifestyle business and has enjoyed many excellent reviews on Google and Trip Advisor. Regretfully, this sale was not planned and has only come about due to the sudden passing of one of the owners.
- With 99 acres of freehold land, there is also the possibility to expand the business with additional accommodations (subject to approval). or sub divide and sell lots.
- This property comes as a turnkey operation, with all resort assets and inventory included. For sale are the assets and not the company.