Rented Commercial Property Investment Opportunity in Lautoka, Fiji

- Reputable group of companies located in Lautoka, Fiji with 80 employees.

- Established presence in multiple sectors including real estate, tourism, land development, and business development.

- 70-80% of revenue is generated from real estate rental, with the remaining coming from building & construction, agriculture, and tourism.

- Major client is the Fiji Government to whom we provide rental office spaces.

- Other business activities are established and operational through subsidiaries and joint ventures.

Real estate, tourism, land development, and business development.

Tangible assets:

- 8 building properties with a varying value of FJD 3-4 million for each property. The total value of all the building properties is about FJD 40 million.

- 6 vacant residential land - valued at FJD 600-700k each. The total value of all the land is about FJD 3.9 million.

- Vehicles and machinery are worth almost FJD 1.1 million.

This takes the total asset value to FJD 45 million. However, the building value has been removed from asset value as it is one crown lease and not freehold land.

Our own headquarters are in Central Lautoko city.

All our eight buildings are built on crown lease lands and are up to 3&4 levels across Fiji. All 8 buildings are leased out to the government and are used as offices.

- Current debt is approximately FJD 12 million against an asset base of approximately FJD 45 million.

- The total number of shareholders is 593 with the highest shareholder holding approximately 110,000 shares and the lowest holding approximately 4,500 shares.