Investment Opportunity: Land Parcel Adjacent to Naha Air Base in Okinawa

This listing presents a unique land investment opportunity located in the Takara district of Naha City, Okinawa. The property is a 55.00 square meter (approximately 16.63 tsubo) plot designated as "miscellaneous land" with potential for residential development. The key feature of this property is its status as a military-use land parcel associated with the Japan Air Self-Defense Force (JASDF) Naha Base.

Critical agent notes provide essential financial and contractual details. The asking price is 12.6 million yen. The annual leasehold fee (ground rent) payable is 246,468 yen, resulting in a yield multiplier of approximately 51 times. The land tax for the Reiwa 7 fiscal year is 21,021 yen. The lease fee escalation rate for Reiwa 7 is set at 1.00%. Importantly, the landowner cannot join a landowners' association as this is a direct personal contract with the Ministry of Defense. There is no scheduled return (reversion) of the land. The buyer is responsible for the ownership transfer registration costs. The brokerage commission is calculated as 3% of the price plus 60,000 yen (excluding tax). Public charges will be apportioned and settled daily.