Prime Development Land in Tokyo's Nakano Ward
This prime development land parcel, located in the sought-after Honcho 1-chome area of Nakano Ward, Tokyo, presents a significant opportunity. The site spans a generous 212.92 square meters (approximately 64.40 tsubo), offering ample space for a custom residential project. The land is designated as Category I Medium-to-High-Rise Exclusive Residential District under the City Planning Act, with a building-to-land ratio of 60% and a floor area ratio of 200%, allowing for a substantial structure.
According to the agent's notes, the property is equipped with city gas, a public water supply, and a sewer system, ensuring all essential utilities are readily available for development. The land is currently occupied by an old house, which will be delivered as-is, and the property is suitable for rebuilding. The terrain is noted to have a slight slope. The transaction is handled under an exclusive dedicated agency agreement.
The location is highly convenient, with bus services accessible within a 4-minute walk. Nakano Ward is a vibrant residential and commercial hub in central Tokyo, known for its blend of traditional shopping arcades and modern amenities. An interesting local fact is that Nakano is home to the famous Nakano Broadway, a multi-story complex renowned as a paradise for anime, manga, and collectible enthusiasts. The area is also within comfortable reach of major landmarks such as the serene Shinjuku Gyoen National Garden, a sprawling park offering stunning seasonal landscapes and a peaceful retreat from the urban environment.
