Land for Sale in Mito City, Ibaraki Prefecture

This is a residential building lot located in Mito City, Ibaraki Prefecture, specifically in the Mikawa 3-chome area. The property is a vacant plot of land with a surveyed area of 196.00 square meters, equivalent to approximately 59.29 tsubo. The land is designated for residential use and is situated in a Category 1 Low-Rise Exclusive Residential District. The building coverage ratio is 60 percent, and the floor area ratio is 200 percent. The site is flat and is currently being offered as a subdivided parcel with a sales condition requiring the buyer to enter into a building contract with Ibaraki Grandy House Co., Ltd. within three months of the land purchase agreement. If a construction contract is not signed within this period, the land sale agreement will be canceled, and all received deposits and land fees will be returned. The property is connected to propane gas, public water supply, public sewer, and electricity. The road frontage is on a single public road to the south, measuring 6.3 meters in width. Additional costs include a water connection fee and handling charge of 119,500 yen for a 20mm pipe. Legal restrictions apply, including the Building Standards Act Article 22 area, the Landscape Act, and Type 2 Height Control Area. The total development area is 1,878.50 square meters, with a total sales area of 619.00 square meters. The construction work is scheduled for completion in May 2025. The property is sold as-is and as a subdivided land.