Land for Sale in Ishigaki City, Okinawa
This property listing presents a substantial land parcel located in the Ohama district of Ishigaki City, Okinawa Prefecture. The land area measures 1077.57 square meters, equivalent to approximately 325.96 tsubo. The asking price for this plot is 65,000,000 yen.
The site is situated in the Ohama area, which is noted for its growing concentration of commercial establishments. This development is contributing to increased foot traffic and a rising asset value of land in the vicinity. The property is zoned for Category 1 Medium-to-High-Rise Residential use, with a building coverage ratio of 60% and a floor area ratio of 150%.
The land fronts a public road to the south with a width of 6 meters and a frontage of 18 meters. Utility connections include water and sewer lines installed in the front road, with electricity supplied by Okinawa Electric Power Company and propane gas available. The land category is listed as residential land.
An existing building is present on the site, which currently generates rental income of 155,000 yen per month. The road portion within the property boundaries is also included in the sale. The timing for transfer is available for consultation.