Land in Setagaya's Quiet Nogawa District
This land parcel is situated in a quiet, residential area on a hilltop in the Nogawa 2-chome district of Setagaya, Tokyo. The property offers convenient access to two stations on the Tokyu Oimachi Line: a 14-minute walk to Todoroki Station and a 17-minute walk to Kaminoge Station.
The land has a surveyed area of 151.04 square meters (approximately 45.6 tsubo). It fronts a public road on the northeast side with a width of about 10.0 meters. The property is currently under an old-law leasehold agreement, with the current contract valid until September 24, 2025. The annual ground rent is 337,806 yen (approximately 28,150 yen per month). Importantly, since the landowner is the national government, it is possible to purchase the underlying land (the leasehold interest) and convert the property to freehold ownership.
The site benefits from city gas, public water supply, and a main sewer connection. The building coverage ratio is 40%, and the floor area ratio is 80%. The land is zoned as Category 1 Low-Rise Residential Area. There is an existing old house on the property. The property is in a quiet residential area with good sunlight and views, and the surrounding area has light traffic.
