Investment Opportunity in Kadena: A Leased Apartment Building with Strong Yield

This property presents a compelling investment opportunity in the town of Kadena, Okinawa. It is an apartment building currently under lease, offering a surface yield of 6.1% per annum. The building itself has a total floor area of 105.16 square meters (approximately 31.81 tsubo) and is situated on a land plot of 72.72 square meters (22 tsubo). Constructed in September 1973, the building features a concrete block (CB) structure.

As detailed in the agent's special notes, a critical piece of information for potential investors is the annual ground rent (地代). The property is subject to a yearly land lease payment of 50,160 yen.

The location offers excellent convenience, with Kadena Town Hall and supermarkets within a 10-minute walk. Despite its urban accessibility, the area is also rich in nature, with the Hija River nearby. Public transportation is accessible via the "Kadena Town Hall Mae" bus stop, approximately a 9-minute walk away. The property is zoned within a Category I Exclusive Residential District under urban planning regulations.

The surrounding area of central Okinawa is steeped in history and natural beauty. A notable landmark near Kadena is the UNESCO World Heritage site of Nakagusuku Castle Ruins, a well-preserved gusuku (Ryukyuan castle) offering panoramic views and a deep connection to the Ryukyu Kingdom's past.