Land Investment Opportunity in Okinawa City with Kadena Air Base Lease Income
This property presents a unique land investment opportunity in the Yamauchi district of Okinawa City, Okinawa Prefecture. The plot spans a generous 187.89 square meters (approximately 56.83 tsubo) and is designated for residential use. The land is currently leased to Kadena Air Base, generating a stable annual lease income of 380,890 yen. This existing lease arrangement offers an immediate return on investment, making it an attractive option for asset management or portfolio diversification.
According to the agent's notes, the property is classified as military land (軍用地物件). The price is set at 20,190,000 yen. The land rights are ownership (所有), and the handover timing is negotiable (引き渡し相談). There are no specific remarks or additional conditions listed in the備考 section.
The Yamauchi area of Okinawa City offers a blend of residential calm and convenient access. An interesting local fact is that Okinawa City, formerly known as Koza, has a rich cultural history deeply influenced by its post-war relationship with the nearby U.S. military bases, which is reflected in its unique music and arts scene. The closest major landmark is the Okinawa Comprehensive Athletic Park, a vast public sports complex that hosts various events and facilities, located just a short drive away.
