Carnarvon street, Suva, Central

An exceptional opportunity to acquire a high-performing commercial property in the heart of Suva’s vibrant nightlife and entertainment district. Anchored by two established nightclub operators and a solicitor’s office, this freehold property commands high rental income while offering strong capital growth potential. With a total building area of 586 sqm spread across multiple levels, this asset combines stable cashflow with rare redevelopment potential in Fiji’s capital city.

Location Highlights:

* Address: 22 Carnarvon Street, Suva, Fiji
* Position: Central Suva, within the busiest nightlife and entertainment zone

Surroundings:

* Surrounded by government buildings, hotels, restaurants, cafes, and retail outlets
* Walking distance to Suva’s CBD, courts, and government offices
* High foot traffic and exposure in Fiji’s largest urban center
* Rare freehold property in the tightly held Suva CBD
* 5 minute walk to the Suva wharf

Property Overview:

* Land Size: 496 sqm Freehold land
* Total Floor Area: 586 sqm
* Basement Level: 305 sqm
* Ground Floor: 143 sqm
* First Floor: 138 sqm

Buildings:

* 3-Story commercial structure on approximately a third of the property. Potential to develop.
* Additional connected ground floor building occupying the balance of the site
* Current Use: Entertainment and professional services
* Access: High-exposure frontage in central Suva

Tenancy Profile:

* 2 Nightclub Tenants – located in the basement, ground floor level and upper level spaces.
* Solicitors’ Office – occupying ground floor level space, ensuring rental diversity
* Rental Status: 80% tenanted with strong income stream

Investment Features:

* Multiple Tenancies – stable rental mix of entertainment & professional tenants
* Large Floor Area – 586 sqm across three levels plus connected building
* Prime CBD Position – in Suva’s busiest nightlife and entertainment corridor
* High Rental Income – established tenants in long-term demand sectors
* Rare Freehold Landholding – 496 sqm site in Suva CBD, tightly held and limited supply
* High development potential for increased rental income

Financial Overview:

* Gross Rental Income: High-yield returns from nightclub & office tenants
* Occupancy: 80% leased with long-term operators
* Future Growth: Ongoing demand for CBD entertainment and office space supports value appreciation

Why Invest?

22 Carnarvon Street offers the security of strong tenancies with the long-term upside of holding freehold land in Fiji’s capital. Its central position in Suva’s entertainment hub ensures sustained demand from nightlife operators and professionals, while the property’s size and layout provide scope for future redevelopment or reconfiguration.

Next Steps:

For more information please contact:
[email protected]
* Price upon request.