Investment Opportunity: Spacious Family Home with 6.68% Yield in Naha's Shuri District
This property presents a compelling investment opportunity in the historic Shuri district of Naha City, Okinawa. The house is currently tenanted, generating a stable monthly rental income of ¥250,000, which translates to an attractive annual yield of 6.68%. This is an owner-change property, meaning the current owner is selling while the tenant remains in place, offering immediate cash flow for the new investor. The agent's special notes emphasize: "Yield 6.68%! A detached house next to Shuri Higashi High School has appeared! 4 rooms + storage room, effectively a 5LDK! This is an owner-change property currently rented for ¥250,000 per month! We are ready to respond to any inquiries about the details at any time, so please feel free to contact us!"
The residence itself is a spacious wooden structure built in January 2017, offering modern comfort within a nine-year-old building. The total floor area is 99.62m² (approximately 30.13 tsubo) on a generous 126.49m² (38.26 tsubo) plot of land. The layout is officially a 4SLDK but functions as a practical 5LDK, featuring four main rooms plus a 4.25-jo storage room. The home includes two separate toilets, a unit bath, a kitchen, and a comfortable wooden deck. For vehicle owners, the property boasts a carport capable of parking two cars side-by-side, with potential for a third depending on the vehicle size.
Located in Shuri Ishimine-cho 3-chome, the area is rich in history and culture. It is a short 10-minute walk from the Monorail's Ishimine Station and a 3-minute walk from the Wakana Gakuin Mae bus stop, providing excellent access to central Naha. The property is situated next to Shuri Higashi High School, adding to the neighborhood's established residential feel. A major landmark and UNESCO World Heritage Site, the reconstructed Shuri Castle, is a significant cultural attraction just a short distance away, symbolizing the Ryukyu Kingdom's historical legacy. The surrounding Shuri area is known for its traditional ambiance, winding streets, and proximity to other historical sites and parks.
