Land for Sale in Kurashiki, Okayama with Dual Income Streams from Solar Power and Communication Tower
This expansive 1,399 sqm (approximately 423.20 tsubo) plot of land is located in the Kurashiki City area of Okayama Prefecture, offering a unique investment opportunity with two established sources of annual income. The property is designated as "zasshuchi" (miscellaneous land) within a Quasi-Industrial District, making it suitable for various uses, including as a storage yard for materials.
Critical agent notes detail the property's significant income potential. The land currently hosts a solar panel installation (10.9kw) and a communication tower. The projected annual income is as follows: the communication tower generates a fixed, tax-exempt income of 400,000 yen per year. The solar power system is projected to generate approximately 400,000 to 500,000 yen annually, though this amount fluctuates based on sunlight and weather conditions. It is important to note that the feed-in tariff (FIT) guarantee for the solar power income is valid until September 15, 2033. Combined, these two assets are estimated to provide a total annual income of roughly 800,000 to 900,000 yen, offering a hands-off and stable revenue stream for the owner.
The land is vacant and level, with a slight slope. It has a building coverage ratio of 60% and a floor area ratio of 200%. Access is via a 400m walk (approximately 5 minutes) to the 'Kotoraen-guchi' bus stop, served by the Shiden Bus. The property is being sold via an exclusive intermediary agreement.
The area of Kurashiki is famous for its beautifully preserved Bikan Historical Quarter, a district of white-walled storehouses and canals that offers a glimpse into Japan's Edo period. A major landmark near the property is the iconic Seto Ohashi Bridge, one of the world's longest two-tiered bridge systems, connecting Okayama Prefecture to Kagawa Prefecture across the Seto Inland Sea and offering spectacular views.