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INVESTMENT SUMMARY M: (679) 998 9499 / (679) 890 2714 | E: info@ramadafiji.com | W: www.ramadafiji.com/ www.ramadabeachfiji.com NOW UNDER CONSTRUCTION Expected Opening Mid 2017

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Page 1: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

I N V E S T M E N T S U M M A R Y

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com

NOW U

NDER CONSTRUCTIO

N

Expecte

d Opening

Mid

2017

Page 2: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

Contents

The Project

Additional Information

Marketing Ramada Suites Wailoaloa Beach Fiji

Investment

Price List, Plans and Furniture Package Details

Legal Document Overview

Legal Structure Diagram

Price List

Floor Plans

Furniture Package Details

Site Map

Part 1

Part 2

Part 3

Part 4

Part 5

Part 6

Appendix 1

Appendix 2

Appendix 3

Appendix 4

Location

1

4

5

6

8

9

13

14

16

30

33

The summaries in this Investment Summary have been prepared to provide prospective purchasers with an overview of the key elements of the investment, legal structure and the legal documents and to assist prospective purchasers when reviewing the purchase documents themselves in detail. This summary does not purport to contain a complete summary of all information material to making a purchase decision or of all material provisions in the legal documents, nor should it substitute for reading the legal documents in full. Whilst every endeavour has been made to accurately summarise all key points, Cove Management Limited and SCBR and their directors and employees can take no respon-sibility for any omissions or reliance on the contents of this summary. All purchasers should obtain independent legal and financial advice regarding the contents of the legal documents.

Disclaimer: Ramada Suites - Fiji is not owned, developed or sold by Wyndham Hotel Group/Ramada International/Wyndham Worldwide and/or any of its related entities and these companies do not make any representations con-cerning the performance of the developer, Smugglers Cove Beach Resort Ltd or any related entities or the performance of the property and has not recommended or endorsed the performance of Smugglers Cove Beach Resort Ltd. This property is developed by Smugglers Cove Beach Resort Ltd and Branding and Franchise of the property by Wyndham Hotel Group is subject to the property meeting and maintaining certain standards and criteria.

Image Disclaimer: every precaution has been taken to establish the accuracy of the ma-terial herein and no liability can be accepted for any inaccuracies. Prospective purchasers should not confine themselves to the contents but make their own enquiries to satisfy themselves on all aspects. The images in this brochure are artists impressions only and may differ from the finished building.

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com

Page 3: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 1

Part 1 - The Project

1.1 Introduction

1.2 Ramada Suites Wailoaloa Beach Fiji

Smugglers Cove Beach Resort (SCBR) is developing a six floor 40 apartment complex comprising of a mix of studio, one and two bedroom suites and are offering the suites for sale to individual purchasers. The development is located on Wailoaloa Beach adjacent to the existing Smugglers Cove Beach Resort and just 15minutes drive from the Nadi International Airport and Port Denarau Marina. Facilities will include spa & beauty salon, Gym, Delicartesent, Lap pool,Kids Club, Rooftop Bar & Resturant, Conference Room, Rental cars & Beach Deck.

Suites are now available for purchase “off plan”. This document provides a summary of the development. Purchasers will be required to sign a Sale, Purchase & Construction Agreement a Management Agreement and pay a 10% deposit to secure an suites.

Smugglers Cove Beach Resort Ltd Directors, Mark & Jenice Hinton signed a Franchise Agreement with Wyndham Hotel Group - Asia Pacific on the Gold Coast in September 2013. The franchise allows Smug-glers Cove to operate the proposed new apartment complex under the globally and readily identifiable brand – Ramada Suites. Wyndham offer the expertise of the world’s largest and most diverse hotel com-pany, encompassing more than 7,340 hotels and 610,000 rooms in 66 countries. Wyndham Hotel Group is a sister company to Wyndham Vacation Resorts Asia Pacific.

The Ramada Suites brand has strong product and service standards and understands the need to bal-ance operational costs with apartment owner returns. Ramada Suites Smugglers Cove Fiji are conscious of the need for high cost control, effective sales and marketing strategies and tailored staff training all de-signed to improve the Owners return on investment. For the Ramada Suites Smugglers Cove Fiji property being under Franchise by Wyndham Hotel Group, the property will benefit not only from the traditional Hotel Group expertise and distribution but from a wider Wyndham business model in an abundance of areas including being represented by 125 Global Sales Offices all connected to the Central Reservation System located across 66 countries.

Left: David Wray: General Manager - Acquisition andDevelopment Manager - Wyndham Group HotelMiddle/Right- Mark & Jenice Hinton - Directors OfSmugglers Cove Beach Resort

Page 4: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 2

Part 1 - The Project

1.3 Management Arrangements

1.4 Owners Usage

1.5 Description of the Development

Suites will be sold subject to a Management Scheme. Cove Management Limited(Manager) a related company to SCBR will be engaged by the Body Corpo-rate to look after the common areas and facilities, overseeing the Body Corporate Structure, and operating the Management Scheme including marketing in association with Ramada Worldwide & Wyndham Hotel Group, servicing & maintenance of the apartments and financial reporting. Cove Management will be investing in trust account management software which will allow them to monitor and adjust occupancy distribution which means that overall all owners will receive a similar occupancy on a rolling 12 months basis based upon their room type. This will ensure that guest allocation (occupancy) to apartments is con-ducted on a fair and reasonable basis.

Purchasers will join a Management Scheme under which the apartment will be let for short stays by the Manager. Apartment Owners will be entitled to occupy their apartment for 28 nights each year and required to make their respective Apartment available for letting for a minimum of 337 nights each year. Owners are to make arrangements with the Manager by giving minimum 30 days prior notice of there intension to utilize their apartment.

Owner’s usage will be subject to availability at the time of booking and payment of an Owner’s surcharge (15% of the published rack rate per nite for the period occupied) will be paid to Cove Management by the owner as contribution to operating costs of the Apartment during Owner stays.

The suites will be housed within a five story building. The development is adjacent to the existing Smugglers Cove Beach Resort and is an absolute beachfront development on Freehold land.

Fortech Construction won the tender to construct the hotel. Construction commenced on December 2015 and expected completion by Mid 2017.

Construction will be a combination of reinforced concrete and masonry/steel frames. Apartment will be delivered with fully tiled floor, painted wall and high quality Furniture, Fittings and Equipment (FFE)including Kitchenettes, Modern Ensuite, Keycard Door Locks, Air Conditioning, Ceiling Fans, Tea Coffee making facilities, Pantry, Laundry, Kitchen Utensils, Linen, Wardrobes, TV and Furniture Package as per Appendix 4.

Page 5: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 3

1.6 Title - Freehold Unit Title

1.8 Furniture Package

1.9 Car Parking

1.7 Body Corporate

Each Purchaser will acquire a Freehold Unit Title to the Suite they purchase.

The Furniture Package is mandatory and is included in purchase price. See Appendix 4

A limited number of undercover car parking spaces are available.

All Purchasers will be members of a Body Corporate which will own and control the common areas and facilities excluding the adjoining SCBR hotel facilities. The Body Corporate will engage the Manager to manage and maintain those common areas and facilities.

The Body Corporate will be a Fiji company limited by guarantee. All Purchasers will become members from settlement of an Apartment purchased and will be bound by the Body Corporate constitution and rules. Members will be required to contribute to all Body Corporate costs on a pro rata basis according to relative suites Unit Entitlements as set out in Appendix 2.

Cove Management Limited (Manager) will contract with Apartment Owners (in respect of the Management Scheme) and the Body Corporate (in respect of caretaking of the common facilities) to perform all of the relevant management functions on substantially the same terms and conditions.

The Body Corporate will appoint a single representative to supervise the compliance of the Manager with the relevant agreements.

Attached as the appendices to this Investment Summary are a legal structure diagram, the proposed site plan for the apartments, individual floor plans for the apartments and a breakdown of the Furniture Package is available for each apartment category

Part 1 - The Project

Page 6: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 4

2.0 Fiji

2.1 Smugglers Cove Beach Resort

Fiji is situated in the South Pacific and in flying terms is 4 hours from Sydney, 3 hours from Auckland, 6 hours from Honolulu, 10 hours from Los Angeles and 9 hours from Tokyo. Fiji consists of 332 islands of which only about one third are inhabited.

Fiji has a population of approximately 850,000 made up of various ethnic communities. The Fiji economy has been largely dependent on sugar, tourism and the garment industry. Of the three industries, tourism is seen as the most important in terms of future growth.

The official language is English. There is a high level of expertise in the service sector including all the major international accounting firms and Australian banks.

Smugglers Cove Beach Resort is a two storey, 40 room 3 1/2 star beachfront hotel owned and operated by Mark and Jenice Hinton. The hotel opened April 2006 by the former President of Fiji Ratu Epeli Nailatikau.

Since commencing operation the hotel has operated exceptionally well running at a year round high occupancy levels. A new Beach Wing extension compris-ing of further 22 rooms opened in April 2011.

Hotel facilities include Cove Spa, White Tip Dive Shop, Island Surf Fiji, Cove Café, Ghost Ship Bar & Grill, Travel Zone Tour Desk, Internet Café, 24 hour airport meet & pick up 24 hour security, surveillance security systems and beachside pool and deck area. All major tourist transport providers offer free pick and drop daily from Smugglers Cove Beach Resort to Port Denarau Marina.

Part 2 - Additional Information

Page 7: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 5

3.1 Smugglers Cove Beach Resort

Part 3 - Sales & Marketing

Trade/Industry Activity

Smugglers Cove Beach Resort has an exceptional relationship with all key wholesalers & suppliers in relevant markets. A selection is outlined below.- Wholesalers brochure inclusions- Inbound operator representation- Trade show participation- Sales calls to key industry product management and retail agencies & reservations- Presentations to key operators and industry forums- Familiarization for product and sales staff of key suppliers- Campaigns with key tourism partners- Tourism body liaison

Direct Consumer Activity

- Online suppliers’ distribution- Special interest group distribution including surf, diving, fishing portals- Market packaging to enhance destination experience sales- Past Guest Database mail campaigns and EDMs- Media familiarization and generation of publicity- Website search engine marketing and optimization- Editorial and tactical advertising- “Mates Rates”, Monthly specials to Australia, New Zealand and South Pacific staff,suppliers family and friends.

Page 8: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 6

4.1 Risk Factors

Purchasers should be aware that investment in an Apartment carries an element of risk and the future value of a suite will depend on the financial results for the Suite, the property and tourism market conditions generally and economic conditions in Fiji and overseas.

Apart from the normal business management and operational risks associated with the Suites, a number of other factors are relevant to an investment in an Apartment. Some of the factors which could influence the financial performance of the Suites and returns to investors are outlined as follows:

• Lower levels of tourism visitation to Fiji than assumed may adversely impact on the financial performance of the Suites.

• Increases in tourist numbers may be constrained by low or no growth in inbound airline capacity.

• Supply of competitive accommodation facilities in the Nadi region of Fiji may increase at a faster rate than assumed in the financial projections.

• Natural disasters or other occurrences which impact on the timing of completion of the Suites, the Suites operations and the level of visitation to

Fiji such as cyclone, tsunami, earthquake, strikes, adverse weather conditions or environmental disaster.

• Political risk.

• The completion of the Suites could be significantly delayed due to the failure of the builder to meet contractual commitments.

• The Manager may fail to manage the Suites effectively.

• Adverse foreign currency movements could affect the revenue or costs associated with the Suites.

• Owner’s usage of a Suite (particularly during peak demand periods) may have a significant impact on the occupancy levels and average daily room

rates (and consequently the financial returns) for a Suite.

Part 4 - Investment

Page 9: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 7

4.2 Fijian Tax

Part 4 - Investment

The Minister of Finance has approved granting of Provisional Approval for Standard Allowance (SA) (29th January 2015) to apartment owners in the hotel letting scheme. Owners will be entitled to an allowance of 25% of approved expenditure (including the construction cost component of the purchase price) which can be applied to offset subsequent taxable income earned from the hotel accommodation business for income tax purposes, providing a significant incentive for those Purchasers.

A value added tax (“VAT”) applies in Fiji currently at the rate of 9%.

A foreign investor will pay Fijian stamp duty at the rate of 10% on the purchase price.

A capital gains tax (CGT) at the rate of 10% was introduced with effect from 1 May 2011.

[All Purchasers should seek their own independent advice on the above taxes and concessions.]

Page 10: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 8

5.1 Price List

5.2 Plans

5.3 Furniture Package Details

Part 5 - Price List, Plans & Furniture Package Details

Attached as Appendix 2 is the current price list showing individual Suite numbers, areas, number of bedrooms and availability as at the date that is shown on the top of the price list. Purchasers should note that more recent sales information may be available and they should contact Cove Management Limited to ensure they have the latest listing.

In addition, prices may increase and Smugglers Cove Beach Resort Limited or Cove Management Limited will not be held to the validity of any price that is out of date.

Attached as Appendix 3 are a number of plans including the site plans for the development (which shows the location of all Apartments). In addition, individual designs for studio, one and two bedroom Apartments are attached. As with any construction the finished Apartments may vary from the plans.

Attached in Appendix 4 is the breakdown of the items that are contained in the furniture package. As stated, the furniture package is included in all prices.

Page 11: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 9

6.1 Sale, Purchase and Construction Agreement

Part 6 - Legal Documents Overview

Estate: Freehold Unit Title

Subject Matter: The Purchaser acquires a freehold unit title, the furniture fit-out and rights (as a member of the Body Corporate) to use the common facilities except the SCBRL facilities. The vendor undertakes to construct the suite for the Purchaser.

Price: The apartment price is inclusive of furniture prices. Stamp duty will only be payable in respect of the purchase price (if applicable).

The price does not include Value Added Tax (VAT).

Payments: A deposit of 10% is payable on signing the agreement which is held by the vendors solicitor as stakeholder until the Freehold Unit Title has been issued (when the vendor can tender settlement).

The balance is payable on settlement date.

Construction: Subject to the pre-sale conditions being satisfied, the vendor is required to proceed with all due diligence to construct the suites and balance of the development in accordance with the floor plans.

The vendors can alter the plans and specifications provided that the Purchasers consent must be obtained for any alteration or variation which materially de-tracts from the layout or quality of the Suites.

If any materials or finishes are not procurable on reasonable terms, the vendor may substitute materials which are of a value and quality as near as practical to the specified materials.

Page 12: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 10

6.2 Body Corporate Constitution/Rules

Parties: The constitution and rules bind the Owners are all members of the Body Corporate.

Subject Matter: The matters covered by the constitution include:

• The Body Corporate objects (primarily to operate and maintain the property for the benefit of the members);

• Members’ obligations to pay monthly levies which will include contributions to a sinking fund to provide for the maintenance of the property and the Common

Areas and fees payable to Cove Management Limited to manage the Body Corporate;

• Members obligations to comply with the constitution and rules;

• The Body Corporates obligation to maintain and insure the property;

• Members’ voting rights is based on unit entitlements as set out in Appendix 2 (proportionate to the original list price of each apartment owned);

• The powers of the Body Corporate board which will comprise a minimum of 2 and a maximum of 4 members and will include a chairperson and a treasurer;

• The requirements for an annual meeting and special meetings.

The Purchaser has a right of inspection following receipt of the practical completion certificate. A maintenance period of 90 days applies from settlement date.

If construction has not commenced by 30 June 2015 either party may cancel the agreement unless extended by mutual agreement in writing by the parties.

Apartment Management Agreement: Purchasers are required to sign the Apartment Management Agreement(described below) upon delivery (prior to set-tlement) and the vendor must procure the Manager to sign that agreement before settlement date.

Body Corporate: The Body Corporate must be duly established as a pre-condition to settlement.

Part 6 - Legal Documents Overview

Page 13: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 11

6.3 Apartment Management Agreement

Parties: Cove Management Limited and Purchasers.

Management fee: The management fee payable to the Manager is 15% of Gross Operating Profit or FJD2, 500 (whichever is greater) per annum. This will provide the right set of drivers for the manager to only seek to optimise revenue but also contain costs.

Service Fee: A service fee at the rate of 32% of Total Revenue is payable to the Manager to cover the cost of guest supplies, housekeeping, utilities and other services provided to guests staying in the Apartment.

Reserve: In addition to the management fee from year 2, 3% of gross income will be set in a reserve account to replace the furniture, fittings and equipment (FF&E) and refurbish the apartment as required. This account is held in trust for the owner and the balance of the account will be paid to the owner on the ter-mination of the agreement.

No Furniture, Fittings and Equipment (FF&E) deduction is made in the first year.

Should an owner transfer the apartment subject to the apartment management arrangement; the owner must transfer its interest in the FF&E account.

The manager will account monthly to the owner for gross rents received less management fees paid (and applications to the FF&E reserve account).

Body Corporate Account: The manager operates and pays outgoings from the Body Corporate Account (into which the Body Corporate levies paid by owners will be deposited) but must only make payments from that account in accordance with the annual budget or as otherwise permitted by the Body Corporate.

Part 6 - Legal Documents Overview

Page 14: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 12

6.4 Apartment Management Agreement

Rules: Property rules which every member & guests must comply with are attached to the body corporate constitution and generally prohibit conduct which will be a nuisance to other members & guests. The categories covered by the rules include:

• Conduct and noise within the property;

• Restrictions on use of apartments and requirements relating to the appearance of the apartment;

• General conduct within the property;

• Restrictions on guest use;

• Liability for owners and guests property.

Part 6 - Legal Documents Overview

Page 15: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 13

Body Corporate (Owners common facilities

excluding SCBRL facilities)

Cove Management Limited

(Manager)

Smugglers Cove Beach Resort

(Hotel)

Apartment Owners

(Own apartments)

Hotel Guests

Franchise Agreement

(Ramada Suites)

Operating Agreement

Common facilities caretaking agreement

Apartment

Management

Agreement

Membership

Appendix 1 - Legal Structure Diagram

Page 16: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 14

Appendix 2 - Price List As of 1st November 2016

501

502

503

504

505

506

507

508

509

510

511

512

513

514

515

516

517

518

519

520

521

522

523

524

2 bed

1 bed

2 bed

studio

studio

studio

studio

2 bed

2 bed

1 bed

2 bed

studio

studio

studio

studio

2 bed

2 bed

1 bed

2 bed

studio

studio

studio

studio

2 bed

Beach Front

Beach Front

Beach Front

Ocean View

Ocean View

Ocean View

Ocean View

Ocean View

Beach Front

Beach Front

Beach Front

Ocean View

Ocean View

Ocean View

Ocean View

Ocean View

Beach Front

Beach Front

Beach Front

Ocean View

Ocean View

Ocean View

Ocean View

Ocean View

66.60

49.63

63.42

40.00

32.37

41.14

37.85

67.51

60.88

49.63

63.42

40.00

32.37

41.14

37.85

67.51

66.60

49.63

63.42

40.00

32.37

41.14

37.85

67.51

FJ$867,860.00

FJ$829,382.00

FJ$607,800.00

FJ$798,650.00

FJ$948,446.00

FJ$906,120.00

FJ$492,846.00

FJ$519,950,00

FJ$467,920,00

US$428,023.00

US$409,046.00

US$299,763.00

US$393,889.00

US$467,76,00

US$446,892.00

US$243,068,00

US$256,436,00

US$230,775,00

3,423.3

2,551.0

3,259.9

1,308.4

1,058.8

1,345.7

1,238.1

2,208.2

3,129.3

2,551.0

3,259.9

1,308.4

1,058.8

1,345.7

1,238.1

2,208.2

3,765.6

2,806.1

3,585.8

1,495.3

1,210.1

1,537.9

1,414.9

2,523.7

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

Level

1st

Floor

2nd

Floor

3rd

Floor

Room Number Type View Type Approx Area sqm FJD$ USD$ Unit Entitlement Price VEP

*Prices are subject to change without notice*Prices include furniture package*Currency exchange rate may vary @ the time of purchase

Page 17: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 15

Appendix 2 - Price List

525

526

527

528

529

530

531

532

533

534

535

536

537

538

539

540

Spa & fitness

Deli

2 bed

1 bed

2 bed

studio

studio

studio

studio

2 bed

2 bed

1 bed

2 bed

studio

studio

studio

studio

2 bed

Beach Front

Beach Front

Beach Front

Ocean View

Ocean View

Ocean View

Ocean View

Ocean View

Beach Front

Beach Front

Beach Front

Ocean View

Ocean View

Ocean View

Ocean View

Ocean View

66.60

49.63

63.42

40.00

32.37

41.14

37.85

67.51

66.60

49.63

63.42

40.00

32.37

41.14

37.85

67.51

98.6

40

FJ$778,632,00

FJ$906,120,00

FJ$499,985.00

FJ$685,792.00

FJ$1029,032.00

FJ$844,690.00

FJ$982,858.00

FJ$499,380.00

FJ$565,688.00

FJ$524,427.00

FJ$763,766.00

FJ$2,173,765.00

FJ$621,500.00

US$384,016.00

US$446,892.00

US$246,589.00

US$338,228.00

US$507,512.00

US$416,595,00

US$484,739,00

US$246,291,00

US$278,993,00

US$258,644,00

US$376,684,00

US$999,932,00

US$285,890,00

3,765.6

2,806.1

3,585.8

1,495.3

1,210.1

1,537.9

1,414.9

2,523.7

4,108.0

3,061.2

3,911.8

1,682.2

1,361.3

1,730.2

1,591.8

2,839.2

9,234.2

1,308.4

SOLD

SOLD

SOLD

SOLD

SOLD

Level

4th

Floor

5th

Floor

Ground

Floor

Room Number Type View Type Approx Area sqm Unit Entitlement

*Prices are subject to change without notice*Prices include furniture package*Currency exchange rate may vary @ the time of purchase

As of 1st November 2016

FJ$ US$Price VEP

Page 18: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 16

A P P E N D I X 3

P L A N S

View from Second Floor View from First Floor

Page 19: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 17

Appendix 3 - Plans

Unit Type : Two Bedroom Beach FrontApproximate Total Floor Area: 66.60m

Room Number

Price VEP (FJD)

501

$867,860.00

-

-

517

$948,446.00

525

SOLD

533

$1029,032.00

Level 1 Level 2 Level 3 Level 4 Level 5

Ocean View

Be

ach

Fro

nt

Levels 1, 3, 4 & 5

Page 20: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 18

Appendix 3 - Plans

Unit Type : One Bedroom Beach FrontApproximate Total Floor Area: 49.63m

Room Number

Price VEP (FJD)

502

SOLD

510

SOLD

518 526

SOLD

534

$844,690.00$778,632.00

Level 1 Level 2 Level 3 Level 4 Level 5

Ocean View

Levels 1, 2, 3, 4 & 5

Be

ach

Fro

nt

Page 21: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 19

Appendix 3 - Plans

Unit Type : Two Bedroom Beach FrontApproximate Total Floor Area: 63.42m

Room Number

Price VEP (FJD)

503

$829,382.00

511

SOLD

519

$906,120.00

527

$906,120.00

535

$982,858.00

Level 1 Level 2 Level 3 Level 4 Level 5

Ocean View

Levels 1, 2, 3, 4 & 5

Be

ach

Fro

nt

Page 22: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 20

Appendix 3 - Plans

Unit Type : Studio Ocean ViewApproximate Total Floor Area: 40.00m

Room Number

Price VEP (FJD)

504

SOLD

512

SOLD

520

$492,846.00

528

$499,846.00

536

$499,380.00

Level 1 Level 2 Level 3 Level 4 Level 5

Ocean View

Levels 1, 2, 3, 4 & 5

Be

ach

Fro

nt

Page 23: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 21

Appendix 3 - Plans

Unit Type : Studio Ocean ViewApproximate Total Floor Area: 32.37m

Room Number

Price VEP (FJD)

505

SOLD

513

SOLD

521

SOLD

529

SOLD

537

SOLD

Level 1 Level 2 Level 3 Level 4 Level 5

Ocean View

Levels 1, 2, 3, 4 & 5

Be

ach

Fro

nt

Page 24: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 22

Appendix 3 - Plans

Unit Type : Studio Ocean ViewApproximate Total Floor Area: 41.14m

Room Number

Price VEP (FJD)

506

SOLD

514

SOLD

522

$519,950.00

530

SOLD

538

$565,688.00

Level 1 Level 2 Level 3 Level 4 Level 5

Ocean View

Levels 1, 2, 3, 4 & 5

Be

ach

Fro

nt

Page 25: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 23

Appendix 3 - Plans

Unit Type : Studio Ocean ViewApproximate Total Floor Area: 37.85m

Room Number

Price VEP (FJD)

507

SOLD

515

SOLD

523

$467,920.00

531

SOLD

539

$524,427.00

Level 1 Level 2 Level 3 Level 4 Level 5

Ocean View

Levels 1, 2, 3, 4 & 5

Be

ach

Fro

nt

Page 26: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 24

Appendix 3 - Plans

Unit Type : Two Bedroom Ocean ViewApproximate Total Floor Area: 65.51m

Room Number

Price VEP (FJD)

508

$607,800.00

516

SOLD

524

SOLD

532

$685,792.00

540

$763,766.00

Level 1 Level 2 Level 3 Level 4 Level 5

Ocean View

Levels 1, 2, 3, 4 & 5

Be

ach

Fro

nt

Page 27: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 25

Appendix 3 - Plans

Unit Type : Two Bedroom Beach FrontApproximate Total Floor Area: 66.60m

Room Number

Price VEP (FJD)

-

-

509

$798,650.00

-

-

-

-

-

-

Level 1 Level 2 Level 3 Level 4 Level 5

Ocean View

Be

ach

Fro

nt

Level 2

Page 28: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 26

Appendix 3 - Plans

First, Third, Fourth & Fifth Floor Plan

Page 29: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 27

Appendix 3 - Plans

Second Floor Plan

Page 30: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 28

Appendix 3 - Plans

Ground & Site Plan

Page 31: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 29

Appendix 3 - Plans

Roof Top: Bar Restaurant, Entertainment, Scenic Viewing

Page 32: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 30

Appendix 4 - Furniture Package Details

Main Bedroom (One Split King Bed)HeadboardKing Mattress ensembleBedside table Night standBedside table reading light

PrintsSheers and blackout curtainsPainted feature wall to colour schemeAccent bed cushionsKing size pillowsKing size pillow protectorsKing Pillow casesFitted King sheetsFlat King sheetsTailored valance Mattress protectorInset duvetDuvet coverDecorative throw

Spare blanketArtwork (For bathroom)Room safe

Second Bedroom (Double Bed)HeadboardDouble Mattress ensembleBedside table / Night standBedside table reading lightPrintsSheers and blackout curtainsPainted feature wall to colour schemeAccent bed cushions

Standard size pillowsStandard size pillow protectorsFitted double sheetsFlat Double sheetTailored valanceMattress protectorInsert duvetDuvet coverDecorative throwSpare blanket

Studio (One Split King Bed)HeadboardDouble mattress ensembleBedside table / Night standBedside table reading light PrintsSheer and blackout curtainsPainted feature wall to colour schemeAccent bed cushionStandard size pillowStandard pillow protectorFitted double sheetFlat double sheetTailored valanceMattress protectorInsert duvetDuvet coverDecorative throw

Spare blanketArtwork (For bathroom)Room safe

1122

21124222211111

111

11222112

4422111111

1122

2112222211111

111

Page 33: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 31

Appendix 4 - Furniture Package Details

Entry Framed mirror Painted Feature wall to colour scheme Decorated accessories Console

Dining / Living Rooms Dining chairsDining chair (studio apartment)Dining table Upholstered lounge (Combo bed) (One & Two Bedroom) Upholstered lounge chair (One & Two Bedroom) Study desk Broadband internet socket

Accent lounge cushionsCoffee tableArtwork Decorator accessories Shear and blackout curtains Painted feature wall to colour scheme

Balcony Setting 3 piece outdoor setting (table, 2 chairs)

Homewares - Kitchen and CleaningTable knifeTable fork Dessert spoon Soup spoon Tea spoon Dinner plateBread and butter plate

Oatmeal bowl Stacking cup Saucers Sugar bowl with lid Tea pot Coffee plunger MugAshtray - clear Champagne flute

Wine glass Glass tumbler Sachet tumbler Plate mat Cooks knife Carving knife Paring knife Cooks fork - stainless steel Melamine turner black Melamine spoon - heavy dutyGraterTongs Vegetable Peeler Can Opener Corkscrew wing lever Cutting board Salad bowl Colander Dish drainer 1.5 Itr storage jugDecor container - set of 3Steel saucepan - small

1111

4211111

212211

1

4444444

444111412

2214111111111111111111

Page 34: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 32

Appendix 4 - Furniture Package Details

Steel saucepan medium Steel saucepan large Frying pan Sponge SuccourerWaste binCoat hanger Ironing board with cover Laundry basketMicrowave stacking - set of 3Ice Bucket Toilet tidy set - plastic Free standing shaving mirrorAccessory trayPortable Luggage rack

Electric AppliancesRefrigeratorCloths Washer / Dryer (stack unit) Clock radio Study desk lampIronStainless steel toaster Stainless steel kettle 1600 watt hairdryer Cook Top Dish Washer Microwave

Entertainment DVD/CD player32” flat screen TV (for 1 & 2 bedroom apts)37” flat screen TV

11111

1011111112

11111111111

111

Page 35: INVESTMENT SUMMARY - Home - Ramada Suites · and just 15minutes drive from the Nadi ... Attached as the appendices to this Investment Summary are a legal structure ... - Past Guest

M: (679) 998 9499 / (679) 890 2714 | E: [email protected] | W: www.ramadafiji.com/ www.ramadabeachfiji.com 33

Site Map

Activities include

Surfing

Fishing

Diving

Snorkeling

Jet Skies

Day Cruises

Island Hopping