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JJJJJJJJJJJJJJJJJJJJ |
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Native
Land Known as:
MUA/BULEBULE
Mataqali/Clan:BUTOIRA
Village: NABUKELEVUIRA
District: NABUKELEVU
Province: KADAVU
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JMUA/BULEBULE
BEACH |
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| The
subject site is generally flat with rocks on the edge point of the
site facing the pristine and unspoilt blue ocean and beachfront. The
beach front is covered with white sand and some rocks towards the
end point of the site. The site is also used by a nearby resort for
fishing activities, kayaking and it is also near the bay which is
suitable for surfing. The site also has a beautiful view of the ocean
along with the sunset and sun rise making it ideal for honeymooners.
The view from the site is spectacular and breath taking as it faces
the ocean and the mountains inland. |
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jLOCATION |
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| Mua/Bulebule
beach is located on the south end part of Kadavu and is a forty five
(45) minute to one (1) hour boat ride from Vunisea Airstrip. It is
also a five minute boat ride from Nagiagia Island Resort which is
famous for surfing. |
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| The
mataqali (Mataqali Butoira) or the clan members have secured a 50
year lease and are seeking a joint venture on a 50:50 basis subject
to negotiations. If required by a successful joint venture partnership,
the term of the lease can be increased to 99 years. If an interested
tenderer wishes to acquire the current lease, with or without an additional
lease term, we can arrange for the process of purchase/sale outright
from the trustees (lessee). A trust has also been formed (by members
of the Mataqali) on behalf of the landowners to oversee and manage
the Tourism Development. The current terms and conditions are outlined
below which has to be considered with a successful joint venture partner.
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AEXISTING
TERMS AND CONDITIONS |
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- Area - 5.592 acres (subject
to survey);
- Term - 50 years;
- Effective date - 1st July
2004;
- Rent - $200.00 (FJD) per
annum for the 1st five (5) years thence shall be based at 5% of Gross
Receipts from 1st July 2009 or a minimum rent to be assessed whichever
is greater;
- 25% of Gross Receipts
from any sub-lease, license, concessions, timeshare or water rights
usage;
- A consideration fee of
$50,000.00 (FJD) for the surrender of the existing 50 years lease in
lieu of a 99 year lease, subject to negotiations.
There are also other special
conditions and they are as follows:
- If the lessee decides
to alienate the said lease whether by sale, transfer or transfer of
majority of shares within any period of the term of the lease from the
commencement of the lease shall pay to the lessor a sum equivalent to
ten percentum (10%) of the total consideration;
- If this lease entity enters
into a joint venture or partnership with any 3rd party thence it must
at all time respect the rights of the landowners;
- The Lessees at all times
must comply with any bonafied requirements on the commercial usage of
surfing, diving, snorkeling and any water activities to the traditional
owned of the fishing ground or Qoliqoli;
- In addition to sub paragraph
point 2, if the lease entity sells or assigns to a 3rd party thence
that new entity must provide and annual grant of the minimum of $10,000.00
(FJD) per annum towards an education trust fund for the Mataqali Butoira
members (landowners).
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VIEW FROM
THE SUBJECT SITE
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JJJJJJJJJJJJJJJJJJJJ |
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