Spacious Land and House in Miyakojima's Popular Area, Currently Tenanted
This property presents a unique opportunity in the sought-after Hisamatsu neighborhood of Miyakojima City. The listing comprises a 356.4 square meter plot of land (approximately 107.81 tsubo) with a 58.42 square meter (17.67 tsubo) reinforced concrete (RC) house built in 1973. The property is currently tenanted, generating a monthly rental income of 20,000 yen. A critical note from the agent's remarks must be highlighted: Please consider this property with the understanding that rent increases and tenant eviction are not possible. This means the property is sold with the existing tenant in place, and the new owner cannot raise the rent or ask the tenant to vacate.
Due to the active tenancy, internal viewings or immediate personal use of the property are not possible. The structure is a single-family home (detached house) with a land use classification of residential. The site has frontage on two sides, with road widths of 4.4 meters to the southwest and 4.8 meters to the northwest. The building coverage ratio is 60% with a floor area ratio of 200%. The property is offered for sale at 14,000,000 yen.
The location in the Hisamatsu district of Miyakojima is highly popular, offering a residential setting within a local community. Miyakojima is renowned for its stunning coastal scenery, sugar-white beaches, and exceptional snorkeling and diving spots. An interesting fact about the area is that Miyakojima is famous for producing some of Japan's finest sugar, known as 'Miyakojima sugar,' thanks to its ideal subtropical climate. The closest major tourist attraction is the breathtaking Yonaha Maehama Beach, consistently ranked among Japan's best beaches for its seven-kilometer stretch of pristine white sand and crystal-clear turquoise water.