FOR SALE – Prime Commercial Building & Small Boutique Hotel in the Heart of Labasa Town, FIJI

**Price: $3,000,000 FJD**
**Land Area: Approx. 1,300 sqm | Lease: 86 years remaining on Native Land Lease**

### 💼 A Rare Investment Opportunity in Fiji’s Northern Capital
Presenting Hotel 88, a fully operational 10-room boutique hotel with restaurant — strategically positioned in the bustling heart of Labasa Town, one of Fiji’s fastest-growing commercial hubs, and the largest town on Fiji's second largest island of Vanua Levu. This turnkey investment combines stable income, exceptional location, and future development potential, making it ideal for savvy investors, developers, or hospitality entrepreneurs.

🏨 Property Highlights:
* Land Size: 1,300 sqm (approx.) | Main Street Frontage with LOT DIMENSIONS of 75m x 17m
* Zoning: Commercial (TLTB Native Land Lease – 86 years remaining)
* Structure: Solid steel-frame construction, designed by a British engineer
* Upgrades: New roof (2023), new cyclone engineering report (2024)
* Rooms: 10 air-conditioned ensuite guest rooms — all separately metered
* Income: Approx. $10,000+ FJD per month from accommodation and restaurant
* Hotel Room Rates: $80 +/- FJD per night (with significant upside with renovation)
* Facilities: Reception area, restaurant with full commercial kitchen, CCTV system, backup utilities, and staff quarters
* Staffing: Currently 5 staff managing daily operations

🍽️ Dual Income & Expansion Potential
This property offers two strong revenue streams — from both accommodation (Hotel 88) and dining (Colour Dragon Restaurant).
With its prime central position and generous land area, there’s also potential to expand or diversify into:
* Car dealership or service business (rear section)
* Wine bar, bakery, or café (empty front section next to the restaurant, shared kitchen, facing Main Street)
* Office spaces, co-working spaces, medical/dental/legal offices, and/or retail units

📍 **Unbeatable Location
* Located next to BRED Bank (one of the top banks in the Fiji Islands), with nearby landmark properties like the Mirage Modern Furniture building, Royale Complex, FNU building
* Minutes to major banks, supermarkets, transport, brand new Damodar City Shopping Complex, Labasa Municipal Market, Labasa Hospital, Police Station, Subrail Sports Park, and Labasa Airport
* High foot traffic area — ideal for hospitality, retail, or mixed commercial use
* Multiple daily flights to/from the main island of Viti Levu in 1 hour, and a 90 minute drive to Savusavu Town (superyacht marina, tourist attractions) Vuadomo Waterfall, Labasa's famous "Floating Island", and so much more!

💰 **Investment Snapshot
* Asking Price: $3,000,000 FJD
* Land Value Alone: $1.5M FJD
* Consistent Monthly Income: ~$10,000 FJD
* Comparable Sites Nearby: Range from $1M – $7M FJD
* Will trade well below REPLACEMENT COST

✨ Why Hotel 88 Stands Out
✔️ Central Labasa location – premium visibility and access
✔️ Fully operational, income-producing business
✔️ Upgraded structure with recent engineering certification
✔️ Long secure lease term (86 years remaining)
✔️ Rare commercial holding in a high-demand area

📞 Find out more and Register Your Interest by contacting us at +679.881.2777 or labasa@professionalsfiji.com today to arrange a private viewing or to request more information, and make sure to Follow Us on social media (Facebook, YouTube and LinkedIn) at Professionals FIJI Real Estate and on Instagram @fijirealestate

Opportunities like this — a free-flowing commercial investment with proven income and strategic positioning — are exceptionally rare in Labasa, the commercial, business, civic and cultural center of Fiji's Northern Division.

Hotel 88, Labasa — where business meets opportunity!