Prime Corner Plot in Kunitachi, Tokyo: A Development Opportunity
This vacant land parcel presents a prime development opportunity in the desirable residential area of Kunitachi, Tokyo. The property is a corner plot with road frontage on two sides: a 3.5-meter wide public road to the east and a 4-meter wide public road to the north. The officially registered land area is 139.44 square meters (approximately 42.18 tsubo), with a price of 85 million yen.
Critical agent notes provide essential details for prospective developers. The property is subject to a private road burden; specifically, there is a shared ownership (one-half share) in a separate 42-square meter area. The site is also subject to the Landscape Act. Importantly, the registered area includes a road portion of approximately 1.4 square meters. Should you choose to rebuild on the land, restoration of this road section will be required.
The land is zoned as Category I Exclusive Low-Rise Residential Zone within the urbanization promotion area, with a building-to-land ratio of 50% and a floor area ratio of 100%. The current condition features an old house, and there are no specific building conditions attached to the sale. The land shape is regular, and possession is available immediately.
Kunitachi City is known for its academic atmosphere, being home to Hitotsubashi University. The area offers a blend of suburban tranquility and good access to central Tokyo. A notable nearby landmark is the historic Kunitachi Station building, a distinctive Western-style structure dating from the 1920s, which adds to the area's unique charm.
