Investment Opportunity in Nabari's Popular Fukigaoka Area

This property presents a compelling investment opportunity in the sought-after Fukigaoka district of Nabari City, Mie Prefecture. Currently tenanted and generating stable rental income, this represents an owner-change property with immediate revenue potential. The annual projected income is ¥516,000, yielding an impressive 13.57% return on investment.

The property features a spacious 4LDK layout spanning 95.87 square meters across two stories. The ground floor comprises a 14-jo living-dining-kitchen area, complemented by two Japanese-style rooms measuring 7-jo and 6-jo respectively. The second floor offers two Western-style rooms, each 6-jo in size, providing flexible living arrangements for tenants.

Built in November 1980, this wood-frame structure has stood the test of time while occupying a generous 204.58 square meter land plot. The property includes one complimentary parking space, a valuable amenity in residential areas. The location offers convenient access to public transportation, with Kintetsu Osaka Line's Nabari Station just 8 minutes by bus, followed by a 3-minute walk from the Fukigaoka bus stop.

The current status indicates the property is tenanted, and prospective buyers are encouraged to schedule viewings at their preferred dates. The agent welcomes inquiries and consultation regarding this investment opportunity.

Nabari City, nestled in the northwestern part of Mie Prefecture, offers a unique blend of urban convenience and natural beauty. The city serves as a gateway to the scenic Nabari River valley and is known for its hot spring resorts. An interesting historical fact about the area is that it was an important post station along the Iseji Route of the Kumano Kodo pilgrimage trails during the Edo period. The closest major landmark is Akame 48 Falls, a renowned natural attraction featuring multiple waterfalls and a famous ninja training ground that draws visitors throughout the year.

This investment property combines the stability of existing tenancy with the potential of the popular Fukigaoka neighborhood, making it an attractive option for investors seeking reliable returns in the Mie Prefecture real estate market.