Unique Two-Household Property with Existing Rental Income in Motobu
This distinctive property in the Inoha area of Motobu Town, Okinawa Prefecture, presents a compelling investment opportunity with immediate income generation. The building features a playful two-household layout, with each unit consisting of a one-room plus loft design. One of these units is currently leased, providing a steady rental income of 150,000 yen per month, which translates to an annual revenue of 1.8 million yen. Furthermore, the property is also operational as a lodging facility named "Yellow Motobu," which boasts a significant social media presence with over 1,300 Instagram followers, indicating its popularity as a family-friendly destination. The necessary inn business license has already been acquired, adding to its revenue-generating potential.
The property is constructed with durable reinforced concrete (RC) and was built in February 2021, making it a relatively new construction at just 5 years old. It sits on a generous land plot of 377.15 square meters (approximately 114.08 tsubo), with a building area of 70.83 square meters (21.42 tsubo). The layout is described as 1 Room (Western-style 14-jo room with loft x2). Key features include separate bath and toilet facilities, air conditioning, and its classification as a two-family residence. The property is offered at a price of 49.8 million yen. It's important to note that a transfer application procedure is required for this owner-change property. Viewings are currently being accepted by appointment.
The agent's special notes are translated as follows: "For matters other than this property, please feel free to consult with us about anything you don't understand, are troubled by, or feel uneasy about regarding real estate! Our staff, rich in specialized knowledge, will guide you to a solution! Of course! We also provide free appraisals for those who want to buy or sell! Please rest assured! First, please feel free to contact us!"
The Motobu area is famed for its stunning coastal scenery and is home to the Okinawa Churaumi Aquarium, one of Japan's largest and most famous aquariums, located within the Ocean Expo Park. This world-renowned attraction draws millions of visitors annually to view whale sharks and diverse marine life. The property's location offers potential synergy with the area's robust tourism industry, making it an attractive proposition for both investment and personal use.
