Sharm Mezon Apartments: A Prime Investment Opportunity in Kutchan
This property consists of two apartment buildings located in the center of Kutchan town, Hokkaido. The offering includes eight well-designed 2LDK units and a covered garage, presenting a versatile opportunity for stable rental income, employee housing, or seasonal personal use. The buildings are situated on a 424.71 square meter plot with a total floor area of 515 square meters.
The apartments were constructed in 1991. The property has a floor area ratio of 200% and a building coverage ratio of 60%. Both road water supply and road sewer services are connected. A notable feature is the inclusion of a garage.
The location is highly convenient, with a one-minute walk to the future Kutchan Swimming Pool and Kutchan Elementary School. A three-minute walk reaches the Kutchan town government office, a 7-Eleven convenience store, and Central Park. Lucky Supermarket is a ten-minute walk away. Niseko Hanazono Resort is a 15-minute drive, and Niseko Grand Hirafu Resort is an 18-minute drive. The property currently has long-term tenants, ensuring a stable income stream. The building directly opposite is also available for purchase, including a recently renovated house with potential for future expansion or redevelopment. This property offers a significant opportunity in the growing Kutchan market.