The Riverview Hotel

The potential for the hotel to engage in the business of a waterfront bar and restaurant is quite good considering this interesting setting and perhaps the only one of its kind in town. The owner is currently remodeling the waterfront side of the hotel to create a good size restaurant and bar. Meanwhile the property actually earns a very good cash income from just the room rentals.

Dormitory

Dormitory kitchen

View from the dormitory.

There is a decent ROI on this purchase, even with the funky look There is a decent ROI on this purchase, even with the funky look. There is no website, no advertising, nothing but word of mouth and what people might share on their social webs that bring the customers in and repeatedly at that. The place is secluded and actually hard to find without explicit directions, yet near the downtown close enough to walk to town.

The ride on the river to the ocean from the hotel is just about 10 minutes by motor boat. Boat hire and evening cruises could be another side business for the more ambitious.

Location The Riverview Hotel is certainly an anomaly in the largest city on Fiji’s second largest island of Vanua Levu. Located right on the river bend near downtown providing some excellent views. The property is leased on a 99-year Crown lease with about 50 years to go at an annual rate of just $60 USD per year, renewable anytime for the full 99 again.

Viewing Arrangements Viewing is strictly by appointment with the selling agents Pavilions of Splendour International Inc. Letter of Interest & Proof of funds is required for a viewing appointment. To make an appointment either email info@pavilionsofsplendourinternational.com Telephone: 0034 603 424 175 Skype: pavilionsofsplendour www.pavilionsofsplendourinternational.com