Land for Sale in Naha City, Okinawa
This 126 square meter plot of land is located in the Sumiyoshi-cho 3-chome district of Naha City, Okinawa Prefecture. The property is designated as a cemetery land use and is situated within an Urbanization Control Area. The land is currently leased to the Japan Ground Self-Defense Force (JGSDF) Naha Garrison, generating a stable annual lease income of 600,360 yen. This represents a significant yield of approximately 50 times the property's value, making it an attractive investment opportunity. The seller is offering the land for 30,000,000 yen.
The property's key feature is its status as a military-leased lot, providing a secure and predictable rental income stream from a government tenant. The land is flat and ready for continued use under the existing lease agreement. No special notes, equipment details, or remarks beyond the lease information were provided by the agent.
The Sumiyoshi-cho area is a centrally located district in Naha, offering convenient access to the city's amenities. An interesting historical fact about Naha is that it was the capital of the Ryukyu Kingdom for centuries, a thriving independent kingdom that engaged in extensive trade throughout Asia. The closest major tourist attraction is the iconic Shuri Castle, a UNESCO World Heritage site and the former palace of the Ryukyu kings, located just a few kilometers away.
