Property Overview: Ibaraki Prefecture, Ishioka City, Wakamiya 2-chome 191-5
This property is a 1/3 share of a land and building being sold through a judicial auction. The building, constructed in October 1978, is a two-story wooden structure with cement tile and galvanized steel sheet roofing. The total floor area is 63.10 square meters. The property is designated as a potential archaeological site (buried cultural property area), meaning consultation with the authorities is required for any construction work.
The sale involves a co-owned share, and the other co-owners are currently occupying the property. This makes independent use or profit from the share difficult and requires coordination with the other owners. Access to the property is via a private road owned by a third party, which may necessitate obtaining permission for passage and excavation. The building is approximately 47 years old and shows significant deterioration and damage both externally and internally. Cats are being kept inside the building, raising potential concerns about hygiene and odors. Other noted risks include unclear boundary disputes with neighboring land, and unknown issues regarding buried objects or soil contamination.
The property is located in a Category I Low-Rise Residential Zone with a building coverage ratio of 40% and a floor area ratio of 80%. The nearest station is Ishioka Station, approximately a 17-minute walk (1,378 meters) away.