SUNBIZ

Modyl Plaza New Look In Karsanji Street

A statement from the company said: “This new complex adds to our property portfolio and builds on our brand and business presence in Fiji.
19 Oct 2019 15:39
Modyl Plaza New Look In Karsanji Street
The newly built Modly Plaza on Karsanji Street, Suva. It is owned by Narhari Electrical Co Pte Ltd Photo: Maraia Vula

A new look to Suva’s Karsanji Street.

Yes, that’s right Narhari Electrical Co Pte Ltd will soon be opening its newest investment, Modyl Plaza complex.

Complex features

A statement from the company said: “This new complex adds to our property portfolio and builds on our brand and business presence in Fiji.

“We have developed a modern shopping complex with shop and office space sizes ranging from 100m2 for individual units to 600m2 for the larger units, partitioned as per client requirements.

“The facility enjoys amongst other things, 24-hour security including CCTV, backup electricity generated and water tank reserves, car parking, fencing and modern commercial complex requirements compliant with OHS.

“Karsanji street is well known for many small to medium and large reputable industrial and manufacturing businesses.

“It is also an important traffic vein which connects the main arterial roads, namely Grantham Road, Raiwasa and Fletcher Road, Vatuwaqa.

“We felt that Raiwaqa and Vatuwaqa not only enjoys a very large working population residing in the area but also enjoys a large working population that travel from outside the area to work in the vicinity.

“Work is near complete on-site with first tenants expected to move in early next month.”

Bank South Pacific is the main financier.

Potential target market

Commercial-Industrial shop outlets for the ground floor and offices or retail shops for the top floor are the target market.

“A number of good interests have been received with a well known and branded fast-food operator, with multiple sites Fiji wide has also secured a large place at the site to operate a restaurant, coffee shop, pastries and fast food.”

Challenges faced

Material delays and unfavourable weather conditions are the usual.

About Narhari

Narhari Electrical Co Pte Ltd is the exclusive importer and distributor in Fiji of the world-renowned product brands, “Panasonic”, “Husky”, “Faber” and “Fiesta”. Since 2004 it established and exclusively imported its own “Modyl” product brand.

Narhari is engaged in the sale, installation and servicing of electronic and solar-related products with retail outlets Fiji-wide.

The company specialises in the digital audio and visual system, home appliances, health and beauty, communications, air conditioners and fans and ventilating fans and customised solar solutions for both residential and large commercials.

The business has been around for more than 50 years.

Feedbackmaraia.vula@fijisun.com.fj

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