16 Extension Street, Suva, Central

FOR SALE (Prime Freehold Commercial Property)
16 Extension Street, Suva
Asking Price: $1,900,000(VEP)
Land Size: 773.96 sqm

Property Overview
An exceptional opportunity to secure a prime freehold commercial property strategically located along Extension Street, immediately adjacent to CWM Hospital, one of Fiji’s busiest medical hubs. This property is currently generating a solid rental income of $8,000 per month (equivalent to $96,000 per annum VEP) under tenancy, making it a rare investment offering with secure returns.

Improvements
The property offers a versatile mix of concrete and timber/iron structures that can cater to a variety of commercial uses:
Concrete Portion
Restaurant reception and dining area
Ablution facilities
Rear preparation area and kitchen
Three bedrooms (including two master bedrooms) with an additional ablution unit
Timber & Iron Extension
Large yoga room
Massage room
Toilet and bathroom facilities
Storeroom
One additional bedroom
Reception area and passage
Strategic Location

The property enjoys high exposure and foot traffic due to its proximity to CWM Hospital, one of Suva’s busiest institutions. Extension Street has rapidly transformed into a thriving commercial corridor, with recent developments including:
A modern pharmacy
The Kidney Foundation
FSM Pasifika Campus
Popular eateries
Numerous flats and apartment complexes
This strategic growth ensures strong tenant demand and long-term capital appreciation.

Investment Highlights
✔ Freehold commercial property in a prime medical/commercial hub
✔ Currently leased with $8,000/month rental income (VEP)
✔ Strong tenant demand due to proximity to CWM Hospital and surrounding amenities
✔ High-growth corridor with ongoing commercial and residential developments
✔ Central locality, less than 10 minutes uphill walk to Suva CBD

For Enquiries & Private Viewings
Ben Naisau
Capital Realtors
Licensed Agent #0200
8072842
✉️ [email protected]