Investment Opportunity: Two-Building Property with High Rental Yield in Ichinomiya
This property presents a unique investment opportunity as a two-building package sale. It consists of one currently rented building and one vacant building, offering a projected full-occupancy yield of 13.8%. The property is located in a convenient area for daily life and includes secured parking.
According to the agent's notes, the specific details are as follows. The property includes two structures: Building 86-2 is a vacant, single-story wooden building with a zinc-galvanized steel sheet roof, built in 1980 (Showa 55), with an area of 1.98㎡ and a 7DK layout. The interior photos provided are of this vacant unit. Building 86-3 is a currently rented, two-story wooden building with a slate roof, built in 1997 (Heisei 9). The first floor is 56.31㎡ and the second floor is 59.62㎡, with a 4LDK layout. Parking is available for two cars in a tandem configuration for Building 86-2, and for one standard car for Building 86-3. The projected annual rental income is 960,000 yen with an 8% yield. The land is registered as residential land with ownership rights, located in an unclassified use district within an Urban Planning Adjustment Area. The building-to-land ratio is 60% and the floor area ratio is 200%. Road frontage is to the east with a width of 3.3m (2.2m of which is public road), requiring a setback.
The area of Ichinomiya City in Aichi Prefecture is known for its rich textile history, once being a major center for woolen fabric production. For visitors, a notable nearby landmark is the historic Masumida Shrine, a significant Shinto site with a history dating back over a thousand years, located just a few kilometers from the property.
