Investment Opportunity with Existing Rental Income in Hayama, Kanagawa

This property presents a unique investment opportunity in the prestigious coastal town of Hayama, Kanagawa Prefecture. The offering consists of a plot of land measuring 568.59 square meters (approximately 171.99 tsubo) with an existing 3DK wooden house built in September 1962, covering 86.21 square meters (26.07 tsubo). The land is zoned as Category I Low-Rise Exclusive Residential District within a urbanization promotion area.

Critical agent notes provide essential details for investors. The yield percentage mentioned is calculated as the ratio of annual rental income (including common service fees) to the sales price, and is presented before deducting taxes, public charges, and other necessary maintenance costs. The assumed rent and yield are calculated based on prevailing market rates, adding estimated rent for any vacant units to simulate full occupancy. It is important to note that future rental income is not guaranteed. Crucially, in addition to the listed building, an old house (a two-story wooden structure with a total floor area of 111.11 square meters) is also included in the sale. The property is currently tenanted, and the lease agreement is to be transferred to the new owner.

Located in the Shimo-Yamaguchi area of Hayama Town, the property offers a serene environment within a highly desirable region. Hayama is renowned for its beautiful coastline, upscale residential areas, and as the site of the Imperial Family's summer villa. A major nearby landmark is the Hayama Imperial Villa, a seasonal residence that underscores the area's quiet prestige and natural beauty. The property is accessible via a 21-minute bus ride from Zushi Station on the Yokosuka Line, followed by a 9-minute walk from the Hayama Koen Mae bus stop.