Property Overview: Green Hills, Kurashiki, Okayama
This property is a three-unit attached housing complex located in the Yoshioka area of Kurashiki City, Okayama Prefecture. The building is a two-story wooden structure, completed in February 2009, and is designed for all-electric living. Each of the three units features a 3LDK layout, offering a total floor area of 234.75 square meters. The property sits on a land plot of 342.56 square meters.
The site is a corner lot with favorable road frontage: a 5-meter-wide public road to the west with an 18.5-meter frontage, and a 4-meter-wide private road to the north with a 14-meter frontage, both paved. The property is located in a Category 1 Medium-to-High-Rise Residential Zone within an urbanization promotion area, with a building coverage ratio of 60% and a floor area ratio of 200%. The land is flat and trapezoidal in shape.
Equipment and facilities in each unit include connections to the public water supply and sewer system, gutters, a hot water supply system, separate bathrooms and toilets, a reheating function for the bath, an indoor washing machine space, and a TV monitor-equipped intercom. Parking is available for two cars per unit at no additional cost. The property is currently tenanted and being sold as an owner-change investment, with an assumed annual income of 3.36 million yen and a gross yield of 5.01%.
