Land for Sale in Okinawa City with Existing Rental Income
This 922.8 m² plot of land, located in Hiyagon 7-chome, Okinawa City, presents a unique investment opportunity. The property is currently listed for sale at a price of 12.56 million yen. It is situated along Prefectural Route 22 and offers convenient access, being just a five-minute drive to the Rycom commercial and entertainment complex.
Critical information from the agent's notes reveals important details about the property's current status. The building on the land is owned by a separate party, and the land itself is currently under a lease agreement, generating an annual income of 120,000 yen. The land features a slope and is partially located within a sediment disaster special warning zone. A portion of the land is also currently leased out.
The area is zoned as Category 1 Residential, with a building coverage ratio of 60% and a floor area ratio of 200%. The land is registered as residential land with no private road burden. The transaction method is exclusive agency, and the handover date is negotiable.
Okinawa City offers a vibrant mix of American and Okinawan cultures, a legacy of its history. A major nearby landmark is the Okinawa Zoo & Museum, also known as Okinawa Kodomo no Kuni, a popular family destination featuring a zoo, museum, and expansive parklands.
