I am a freelance land and resources consultant LLC for native indigenous landowners. I started in 2003 while still a pastor and Associate Youth Director in 2004. I formed a $1 company in 2005 realizing that to help marginalized poor land and resource owners from government department and donor agencies in the region. In 2011 I formed the current LLC Tuisamoa Business Enterprise Ltd or TBE Ltd and all this time I have spent all my lifesavings in helping native indigenous landowners in the past 10 years about US$750,000.00, thus my venturing into buying freehold land and developing them into real estate lots to help me sustain my current ministry for native indigenous land and resource owners and establish myself in this lucrative business of land developer.
I am also a sales representative for East West Development Pre-Construction and I arrange lands for them. Recently they have turn down all Native land but will only receive freehold land for JV in hotels. http://www.eastwestdevelopments.com/contactus.aspx
Fiji - Sigatoka
Aca T Vatanimoto - Sales Representatives
Tuisamoa Business Enterprise Ltd
Lot 1 Nasama Street, Kulukulu Road,
Sigatoka, Fiji.
Tel: + 679 6201623
Mobile: +679 8024256
One advantage that I have and investors will be blessed with is that all my projects with native indigenous land and resource owners and the donor agencies and even international NGO’s or Non Profitable Organization have been launched under the awareness of the Prime Minister’s Private Investigation Team, foremost to safeguard the Donor agencies intention and secondarily for the maximum benefit to the native indigenous land and resource owners. Thirdly to help monitor my role as Coordinator, Facilitator, Consultant free of service, but with efficiency and effectiveness.
Once the JV that is the Investor or Lender buys thee freehold or crown land and even native lease, the JV with Investor or Lender will invite East West to partner on one of the forecast 6 hotels with US$12.5 million as its partner, the rest the JV will build and sell. The good thing about East West is that I will be given access to their customer data base for sale of rooms and that will be a boost to our real estate lots as well.
Once the investor/lender comes to Fiji I will set up a totally new LLC that is different from my current Consultancy LLC Company that consults Native Indigenous Lands and Resources Owners. Thus the new venture and LLC will buy the freehold land and develop it into real estate lots. I am seeking seed, start-up and capital to buy freehold land to develop them into real estate lots and hotel lots
I am seeking full funded 100% in the form of seed, start-up and capital to buy freehold land and develop them into real estate lots or if the Investor/Lender is willing for us to form a Joint Venture with the following; . The Joint venture should be on paper 50-50 to the investor and Aca Tuisamoa Vatanimoto but Offer to Private Equity/JV source? (a). Offer 5% ROI for 10 years; b). 30% Net Profit until all real estate lots are sold and hotels are constructed and sold as well if the funding or loan is US$100-500million, c). 40% Net Profit if loan is U$750 million, d). 50% Net Profit if funding or loan is US$1.0 billion, e). 60% Net Profit if funding is US$1.5 billion, f). 70% Net Profit if funding or loan is US$2.0 billion, g). 80% Net Profit if funding or loan is US$2.5 billion, h). 90% Net Profit if funding or loan is US$3.0-4.0 billion, i). Last but not least 95% Net Profit if funding is US$5.0 billion and above, until all real estate lots and hotels are sold.
TBE Ltd will take 2% Brokers fees for I will manage all technical works such as hiring by
tender land developers, engineers, quantitative surveyors, land managements and Realtors. I will take care of all government permission from such department of Environment for the EIA or Environment Impact Assessment certificate and stamp duty, the town country planning approval of the project and other government approval certificates and license. But the JV or Loan pays for the fees etc.
My role as the Project Manager Fiji role is US$2 million per year that is Aca Tuisamoa Vatanimoto.
1). Deal No. 1 @ Natadola freehold of 153 acres, real estate of 100 acres and 2 x 25 acres of 2 hotels thus US$18m for land development, (US$37.5m for 1 resort construction) x 2 resort construction is US$75m and cost of freehold land is US$20m resorts a Maximum of US$113million.
a) Gross income for real estate,
i. Development cost is US$18m the purchase price of freehold land is US$20m. Thus the undeveloped capital value of land now is US$20m.
ii. Developed capital value land US$20m x 1,000% equals US200m
iii. Undeveloped capital value of villa is US$1m.
iv. Thus the Developed capital value of villas of US$1m x 600% 400 villas x US$1.5m equals US$600m.
b) Gross income for 2 resort is:- US$824m
i. Developed capital value of hotel after Construction cost is US$37.5m x 400% which is US$150m x selling price of 400% is US$600m.
ii. Multiply by 2 hotels equals US$1.2billion.
iii. Net Profit is US$1.125b.
c) Net Profit US$301.6m.
2). Deal No.2 @ Bua freehold land of 9,363 acres a minimum of US$ 115.5million, US$60m purchase price, US$18m for the 1st stage development of real estate lots and US$37.5m for the 1st hotel construction. But maximum loan would be 20 resorts x US$37.5m or US$750m (50acre per resort size lot or a total of 1,000acres) for 20 resorts. And a maximum of US$18m x 80 stages of real estate lots (100 acres or 400 lots per stage or 80 stages which is US$1.44billion thus a maximum loan of US$2.19billion.
a) Gross income for real estate and resort,
i. Undeveloped cost of land is the purchase price of freehold land is US$60m. Thus the undeveloped capital value of land now is US$60m.
ii. Developed capital value land US$60m x 109,900% equals US65.92billion.
iii. Undeveloped capital value of resort is US$37.5m/resort x 20 resort is US$750million.
iv. Thus the Developed capital value of resort of US$37.5m x 400% which is US150m/resort but selling at 400% which is US$600m x 20 resorts which is US$12billion or development cost of 20 resort of US$750m selling at 1,600% which is US$12billion.
b) Net income for 20 resort and 80 stages of real estate is:- US$824m
i. Developed capital value of 20resort of US$12billion – (minus) Construction cost of US$750m equals US$11.25billion.
ii. Developed capital value of 80stages or US$65.92billion – (minus) development cost of 80 stages of US$1.44billion is equal to US$64.48b.
c) Net Profit US$75.73billion.
3). Deal No.3 @ Rakiraki Town freehold of 1,782 acres a minimum of US$75million, US$19.5m purchase price, US$18m for the 1st stage development of real estate lots and US$37.5m for the 1st hotel construction. But a maximum loan would entail 4 resorts x US$37.5m or US$150m (50acre per resort size lot or a total of 200acres) for 4 resorts. And a maximum of US$18m x 15 stages of real estate lots (100 acres or 400 lots per stage or 15 stages which is US$270million thus a maximum loan of US$420million.
a). Gross income for real estate and resort,
i. Undeveloped cost of land is the purchase price of freehold land is US$19.5m. Thus the undeveloped capital value of land now is US$19.5m.
ii. Developed capital value land US$19.5m x 63,400% equals US12.36billion.
iii. Undeveloped capital value of resort is US$37.5m/resort x 4 resort is US$150million.
iv. Thus the Developed capital value of resort of US$37.5m x 400% which is US150m/resort but selling at 400% which is US$600m x 4 resorts which is US$2.4billion or development cost of 4 resort of US$150m selling at 1,600% which is US$2.4billion.
b). Net income for 4 resort and 15 stages of real estate is:- US$824m/1stage/real.estate.
i. Developed capital value of 4 resort of US$2.4billion – (minus) Construction cost of US$150m equals US$2.25billion.
ii. Developed capital value of 15 stages or US$12.36billion – (minus) development cost of 15 stages of US$270million is equal to US$14.34b.
c). Net Profit US$14.34billion.
4). Deal No.4 @ Vanua Levu with 10,000 acres selling at US$30 million. A minimum of US$ 67million, US$30m purchase price, US$18m for the 1st stage development of real estate lots and US$37.5m for the 1st hotel construction. But maximum loan would be 20 resorts x US$37.5m or US$750m (50acre per resort size lot or a total of 1,000acres) for 20 resorts. And a maximum of US$18m x 90 stages of real estate lots (100 acres or 400 lots per stage or 90 stages which is US$1.62billion thus a maximum loan of US$1.687billion.
d) Gross income for real estate and resort,
v. Undeveloped cost of land is the purchase price of freehold land is US$11.5m. Thus the undeveloped capital value of land now is US$11.5m.
vi. Developed capital value land US$11.5m x 645,000% equals US74.16billion.
vii. Undeveloped capital value of resort is US$37.5m/resort x 20 resort is US$750million.
viii. Thus the Developed capital value of resort of US$37.5m x 400% which is US150m/resort but selling at 400% which is US$600m x 20 resorts which is US$12billion or development cost of 20 resort of US$750m selling at 1,600% which is US$12billion.
e) Net income for 20 resort and 80 stages of real estate is:- US$824m
iii. Developed capital value of 20 resort of US$12billion – (minus) Construction cost of US$750m equals US$11.25billion.
iv. Developed capital value of 90stages or US$74.16billion – (minus) development cost of 90 stages of US$1.62billion is equal to US$72.54b.
f) Net Profit US$83.79billion.
5). Deal No. 15 @ South Denarau Island a minimum of US$800 million. See Executive Summary for detail.
Below are the rest of the freehold lands on offer to me to buy.
6. Macuata Island of 100 acres opposite the land of 1,782 acres above
selling US$6.5 million, plus US$18 million to develop real estate
equals US$24.5 million; it is in the tax free zone.
7. Freehold land from Rakiraki Town of 400 acres beside the main Kings
Highway and this is a tax free zone selling for US$15 million plus
US$18 million to develop real estate of 100 acres only equals US$33
million but would require a total of US$87 million.
8. Freehold land from Natadola Bay of one being 350 acres it is beside
the Natadola Bay Resort. This is not a tax free zone selling for US$40
million plus US$18 million for 100 acres real estate development
equals US$58 million. but a total of US$93 million to develop the
whole 350 acres.
9. Freehold land of 100 acres offered at US$20 million at Momi next to
the unfinished Marriott Hotel 7 star plus US$18 million to develop 100
acres of real estate equals US$38 million. This is not a tax free
zone.
10. Freehold land being 636 acres from Wailekutu in Suva City Hilly
region overlooking the Suva City Harbor and Sea. This is not a tax
free zone offered at US$15 million plus US$18 million equals US$33
million but a total of US$123 million to develop the whole 636 acres.
11. Freehold land from Wailoku 113 acres in Suva City Hilly region
beside the Tamavua River. This is not a tax free zone offered at US$4
million.
12. Baulevu Freehold land of 1,682 acres about 5 km from Nausori Town
and Airport and beside the Rewa River and has a lot of Mature Mahogany
trees. This is not a tax free zone, selling for US$19.5 million, plus
US$18 million to develop real estate of 100 acres, equals US$37.5
million but a total of US$307 million to develop the whole 1,682
acres.
13. Baulevu Freehold no.2 of 500 acres selling at US$6.6 million plus
US$18 million to develop 100 acres freehold equals US$24.6 million but
a total of US$96.6 million to develop the whole of 500 acres. This is
not a tax free zone.
14. Crown/State land of 90 acres, beachfront and close to Nadi
International Airport and Nadi Town . It is in the Nadi bay, beside
the main Queens Highway. This is not a tax free zone, selling at
US$12.5 million plus US$18 million to develop 90 acres of real estate
equals US$30.5 million.
15. Native Freehold of 85 acres seeking JV or both loan and JV with
Lender opposite the Suva City and in the Suva Peninsula or harbor and
has its own harbor entrance. It has additional foreshore of 10 acres
and marina of 15 acres as well. This is not a tax free zone.
I hope that the summary of the 5 freehold land and the rest of the ten freehold land succinct proposals would give you an overview of the proposals.
Best of regards,
Aca Tuisamoa Vatanimoto
Tuisamoa Business Enterprise Ltd
Tel: (679) 6201 623 Landline or (679) 8024256 mobile
Email: acatuisamoa.vatanimoto@gmail.com or tbeltd@live.com
Skype: tbeltd
Website:
http://acavatanimoto.wix.com/real-estate
© 2024 Created by Admin. Powered by
You need to be a member of Real Estate Finance to add comments!
Join Real Estate Finance