Detached House for Investment in Yokkaichi, Mie
This property is a detached house currently tenanted, presenting an investment opportunity with a stated surface yield of 11.2%. The building was constructed in September 1972, making it 54 years old, and is a two-story wooden structure. The total floor area is 111.79 square meters (approximately 33.8 tsubo), configured as a 4LDK layout suitable for multi-generational living. The land area is a generous 333.97 square meters (approximately 101.0 tsubo).
According to the agent's notes, the property's equipment includes public water supply and a sewer drainage system. The site contains two buildings within the plot. It is located in a low-rise residential exclusive zone within an urbanization promotion area, zoned as a Category I Residential District. The land is flat and registered as residential land. Road access is from the west via a public road with a width of 4.8 meters.
The location offers excellent convenience. Kintetsu Nagoya Line's Kusu Station is just a 5-minute walk away, providing direct train access. A 7-Eleven convenience store is also within a 3-minute walk. The property allows for parking for two vehicles and uses city gas. While the building is older, the substantial land size offers potential for future redevelopment.
