Land for Sale in Oizumi Gakuen-cho, Nerima-ku, Tokyo

This is a residential land parcel for sale located in Oizumi Gakuen-cho 1-chome, Nerima-ku, Tokyo. The land has a registered area of 107.17 square meters (approximately 32.41 tsubo). The property includes a private road area of 48.87 square meters, with a burden ratio of 1519/4887. The land is classified as a residential lot within an urbanization promotion area. The zoning is Category 1 Low-Rise Exclusive Residential District, with a building coverage ratio of 50% and a floor area ratio of 100%. The land is flat and is considered suitable for residential use. The property currently has an old house on site, which will be handed over in its current condition. Utility connections available include city gas, public water supply, public sewer, and electricity. The property fronts a private road to the north, with a road width of 4 meters and a frontage of 2 meters. Important notes regarding this property: it is located within an area where a land readjustment project is scheduled to be implemented near Nerima Oizumi Shakujii. The property does not front a road that meets the Building Standards Law. Therefore, when reconstructing a building, permission from the Building Review Board will be required. This is a contract with a disclaimer regarding non-conformity. The property is located approximately a 20-minute walk from Oizumi-Gakuen Station on the Seibu Ikebukuro Line. The nearest bus stop, Kitaen, is a 7-minute walk away. The land rights are freehold ownership. The property is offered by a general mediation agreement. The price is 36,800,000 yen. The land is flat in topography.