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Matana Plantation, Koro Island, Fiji

Koro, Fidji
US$18,995,000

Description

Matana Plantation in Koro Island: a paradisiacal Fiji land for sale

A stunning development opportunity for tourism and private properties

Presented by Mia Trudeau, President of Mia Trudeau Estates | Hilton & Hyland | Christie’s International Real Estate

 

In Koro Island, a paradisiacal Fiji land for sale

In 1789, during his historical journey from Tahiti to Batavia, the legendary Captain Bligh of His Majesty’s ship Providence describes the Koro Island:  “The island of Koro is of good height, it is easternmost of the islands I discovered and passed and recorded in my log book on May 6, 1789, on the Bounty’s launch. Nothing can exceed its beauty. The freehold titles to the large landholding estate of 806 acres described as Matana Plantation, is contained but contiguous land titles, being part of Koro Island, Fiji.”

 

The property’s original purpose was actually a coconut plantation and the land became a great supplier of “Copra”, which is the dried kernel of a coconut, usually boiled in order to extract coconut oil. The abundance of these materials has led Koro Island to become completely energy independent, with copra bio-fuel supplying all of the island’s energy.

 

The population of Koro is all English speaking, with the primary religion being Christianity. There are two Fijian villages near the Matana development. They provide a local supply of workers at a reasonable wage (current Fijian wage is $15 a day). With no property taxes, and an income tax holiday of 20 years, this land is amongst the most endowed, versatile earth available.

 

Composition

This once-in-a-lifetime Fiji land for sale consists in a 806 acres separate but contiguous land:

  1. Nadawa, consisting of 86 acres
  2. Matana, consisting of 276 acres
  3. Nola#1, consisting of 234 acres
  4. Wailolo, consisting of 211 acres

The title holdings offer the new owners development options over the entire property or parts thereof, both for residential and tourism purposes. An exceptional opportunity while only 8% of the land in Fiji is freehold.
Ranging from sea level at the approximate 4 miles of beautiful white sand beach frontage to 500 feet above, the extensive landholding enjoys stunning sunsets, varying contours within valleys, promontories, slopes and flats for alternative re-development options, without any major building constraints.

 

North Beach

North Beach is a long sandy beach facing out to the Koro Sea. Perfect for long walks or a horseback ride. A deep water channel leads to a nice anchorage out front. Beautiful pristine snorkeling reefs emerge from just outside the shore.

 

Nola Point

The beach on Nola Point is one of the best swimming spots in Fiji. A deep sandy bottom allows great swims at all tides. This is the perfect spot for beach volleyball, picnics or watching the colorful sunset. In the view are the islands of Makogai, Ovalau and Namena.

 

South Beach

The best beach of the property, the long white sand beach of South Beach runs along the Western edge of Koro. Swimming is possible at all tides. Beautiful black rock and coral snorkeling exist. There is also a nice trail connecting South Beach and North Beach.

 

Matana Plantation is the perfect tropical playground with all kinds of activities available. Enjoy the relaxation of the beaches, a swim, and the incredible views. For the more adventurous, there are numerous trails of varying length and terrain, look for parrots and other exotic birds, waterfalls and stone ruins.

 

The crystal-clear water is a paradise for snorkelers and scuba divers. Reefs protect the waters on all sides, thus creating perfect conditions for kayaking. Inside and outside the reefs are teaming with fish, great for sport or game fishing.

 

In addition to the jaw-dropping ocean views that make each sunset an awe-inspiring event, the plantation’s acreage features some of the most beautiful natural water features including falls, creeks and running streams.

 

Amenities

With a population of just 4,500, Koro Island represents one of the most versatile opportunities for development on the globe. With a history rooted in agriculture, but land that can be repurposed for both residential and commercial housing, your future is limitless at Matana Plantation.

 

While there are no authorities’ utility supplies of electric power, telephone, or water supplies available, a number of running streams, waterfalls and creeks serve the land. It thus provides ample water supply sources for any major development.

 

In addition, coastal roads serve Koro Island by plantation roads and tracks. The current owner made the road through the plantation high in the hills, thus preserving the pristine beaches. The 4,500 population of Koro is equally all English speaking. There are also two Fijian villages near the Matana development providing a local supply of workers.

 

The South Pacific and Fiji Islands in particular are well served by international air and maritime transportation. Direct flights are thus available from and to Hong Kong, Singapore, United States, Korea, Hawaii, Australia, New Zealand, New Caledonia, Vanuatu, PNG and other islands of the South Pacific. Koro Island has also its own airport serviced by Fiji Airways Link, the inter-island airline carrier.

 

Method of sale

The Vendor offers the freehold property for sale by Private Treaty and will consider all serious offers.

 

Price

US$18,995,000

 

Paradisiacal Fiji land for sale in Koro Island | Presented by Mia Trudeau, President of Mia Trudeau Estates | Hilton & Hyland | FINEST RESIDENCES

  • City: Koro
  • State/county: Fiji
  • Country: Fiji the Fiji Islands

Detail

  • Property ID: 2814
  • Price: US$18,995,000
  • Land Area: 806 SqFt
  • Property Type: Land, Waterfront Land
  • Property Status: Development, For Sale

Additional details

  • Total Land Surface: 806 acres in 4 lots
  • Nadawa: 86 acres
  • Matana: 276 acres
  • Nola#1: 234 acres
  • Wailolo: 211 acres
  • Method of Sale: Private Treaty

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