Spacious Land with Investment Potential in Ichinomiya, Aichi

This property presents a significant land parcel of 678.94 sqm (approximately 205.37 tsubo) in Ichinomiya City, Aichi Prefecture, featuring a two-story wooden house built in December 2007. The existing dwelling has a floor area of 53.82 sqm and a 3DK layout, currently tenanted. The listing highlights an estimated annual rental income of 1.68 million yen, yielding a projected return of 5.63%. A key feature is that the land is classified as existing residential land, making it suitable for constructing an apartment building or a private home.

Translated agent notes on equipment and features include: heated toilet seat, bath reheating function, window in the bathroom, air conditioning, flooring in all rooms, propane gas, electricity, water supply, septic tank, and side gutters. Special notes confirm the property is an existing residential site, allowing for apartment or personal home construction. The transaction is a general agency, and the floor plan prioritizes the current condition.

The property is situated in a quiet residential area of Ichinomiya, a city renowned for its rich textile history and often called the "Textile City of Japan." The area offers convenient daily amenities. For recreation and tourism, Asaiyama Park is within a kilometer. The closest major landmark is the historic Meitetsu Nagoya Line, which provides access to significant sites like the majestic Nagoya Castle, approximately a 30-minute train ride away.