Land Parcel for Sale in Naha City, Okinawa
This listing presents a 60 square meter land parcel located in the Gushi area of Naha City, Okinawa. The property consists of two consolidated plots of military land, offering a unique investment opportunity. The land generates an annual lease income of 260,912 yen, representing a yield of approximately 70 times the purchase price. This makes it an attractive proposition for investors seeking a property with existing rental returns.
The land is classified as "zasshuchi" (miscellaneous land) and is privately owned with no private road maintenance obligations. Access is convenient, with the "Takara" bus stop approximately a 5-minute walk away. The handover date is negotiable. The property is being sold via general agency.
The Gushi district in Naha is a historically significant area. An interesting local fact is that the name "Gushi" is believed to have roots in the Ryukyuan language. The area provides relatively easy access to central Naha and its major attractions. The closest major landmark is the Naha Military Base, a significant installation for the Japan Air Self-Defense Force.
