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| Property ID: | THL01 - 1001 |
| Property Type: | Resorts, Development Site, Development Opportunities, Going Concern on Leasehold Land |
| Sale Type: | Freehold Going Concern (on Leasehold Land) |
| Region: | Samoa |
| Address: | Cape Fatuosofia-Manono-Uta |
| Price: | SAT$10,000,000 or approx NZD$5,900,000 |

| Phone: | ++64 9 523 35 36 |
| Mobile: | ++64 21 727 888 |
| Email: | adrian@tourismproperties.com |
| Phone: | ++64 9 523 35 36 |
| Mobile: | ++64 21 447 447 |
| Email: | chrissy@tourismproperties.com |

Le Vasa Resort is a secluded luxury oceanfront resort situated on one-half mile of prime oceanfront property and located 6 miles from the international airport and 3 miles from Mulifanua Wharf on the west coast of Upolu. Le Vasa Resort faces a beautiful lagoon and is surrounded by coral reef. Guests can enjoy swimming and snorkeling amongst live coral just a short distance from the resort.
Title: Property Freehold Leased land
Terms: 30 years with a renewal of 30 years
Start Date: October 2006
Title: Government Reclaimed Land Lease
Terms: 20 years with renewal of 20 years direct with government
Start Date: July 2010
Le Vasa Resort Property is situated on Main road frontage, ½ mile of prime oceanfront, just under 8 acres of land on a peninsula and consists of:
Resort Accommodation:
•3 x superior oceanfront fales (one bedroom)
•5 x deluxe oceanfront fales (one bedroom)
•3 x two bedroom oceanfront villas
Resort Infrastructure:
•Restaurant, Bar, Day Visitors Lounge with toilet and shower
•Kitchen
•Reception building that includes office, one bedroom apartment and studio.
•Warehouse building that includes 3 employee quarters, laundry room and workshop
•Storage building
•Pier and Boat house
•Pumphouse and storage shed
•Security Hut
•Storage shed
•Swimming Pool - 40' x 20'
•Spas
Development Opportunities:
There is an opportunity to further develop 30 - 50 additional over the water, oceanfront and ocean view villas.
Business Brokers comments - site inspection of Le Vasa Resort - August 2011
We walked the entire property and spent several hours viewing the waterfront accommodation rooms and guest facilities. The rooms have a fantastic ambience, one feels immediately safe and relaxed, the gentle sea breeze and spectacular views just add to the magic at Le Vasa Resort.
We dined in the restaurant for lunch and refreshments, the food was excellent and smoothie so refreshing and delightful. The restaurant was extremely busy, the accommodation and guest facilities were in full use.
Potential for astute developer or investor: We walked the vacant land suitable for future development and were amazed at the potential for an astute developer or investor.
Buyers: Contact us for first hand knowledge and comprehensive property listing details. We are happy to answer any questions from genuine buyers. We are Tourism Business Brokers specializing in helping buyers and sellers throughout the South Pacific.
About Samoa:
Samoa lies near the equator between 13 to 16 degrees south and is hot and humid year-'round with a very tropical climate. Due to the mountainous regions, microclimates do exist. The dry season is from May to October, with prevailing southeast trade winds and occasional tropical showers. A mild wet season occurs from November to April, during which northwest winds are most common. Temperatures do not vary greatly throughout the year with the maximum at approximately 95 degrees Fahrenheit in the summer and 90 degrees in the winter. Samoa enjoys warm water year round at about 80F.