jWELCOME TO NAIVIDAMU BEACH
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Native Land Known as: NAIVIDAMU
Mataqali/Clan: LOMAIYAWE
Village: NALOTU
District: YAWE
Province: KADAVU

 

JNAIVIDAMU BEACH
The subject site is generally flat and gradually rises as your move inland. The beach is a mixture of white sand with a portion covered with rocks. The Vegetation is light with native fruit trees such as mangoes, breadfruit, dawa, Dilo Trees. Towards the inland there is about 2 - 3 acres of Pine trees. The subject site overlooks the open crystal blue sea ideal for water sports and activities such as game fishing, kayaking and snorkeling. The subject area also has potential good water source. It also has a beautiful view of the sun setting.
jLOCATION
The subject site is located south of Kadavu and is 2km away from Naqalotu village. It is approxiametly twenty five (25)minutes by boat ride from Vunisea Airstrip and also a twenty (20) minute boat ride to Nagiagia Island Resort from the site.
APROPOSED TERMS AND CONDITIONS (MINIMUM FIGURES)
  • Area - 8.088 acres (subject to survey);
  • Term - 50 to 99 years;
  • Premium - minimum of $10,000 .00 (FJD)per acre (payable at the commencement of lease);
  • Education fund - minimum of $5,000.00 (FJD) to be paid annually to the Mataqali subject to
    review after every five years;
  • Village project - The lessee to assist in improving the village water and electricity supply and to assist financially in the construction of the village hall and 2 x 3 bedroom concrete houses for the landowning unit;
  • Stamp Duty - Will be payable in accordance with the Stamp Duty Act;
  • Crop Compensation - Will be payable after the crop count is conducted and in accordance
    with the Ministry of Agriculture rates;
  • Minimum of 30% non dilutable free shares to be given to the landowning unit;
  • A consideration fee of $80,000.00 for the surrender of the existing 50 years lease in lieu of a 99 year lease, subject to negotiations.
FEES
AMOUNT(FJD)
VAT(FJD)
TOTAL(FJD)
Rent (Per Annum)
$10,000.00
$187.50
$10,187.50
NLTB Processing Fee
$10,000.00
$1,250.00
$11,250.00
Dereservation
$1,000.00
$125.00
$1,125.00
Survey Instruction/Approval
$200.00
$25.00
$225.00
Building Application
$500.00
$62.50
$562.50
Lease Administration Fee (Per Annum)
$500.00
$62.50
$562.50


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