Prime Development Land with Existing Rental Income in Nakagusuku Village, Okinawa
This substantial plot of land, spanning approximately 1,954 square meters (about 591.1 tsubo), presents a compelling investment opportunity in the desirable area of Kitagami-hara, Nakagusuku Village. The property is currently generating rental income, leased at 165,000 yen per month, with the tenancy agreement set until the end of March 2026 (Reiwa 8). Following the tenant's departure, the new owner has the flexibility to utilize the land for personal use. The site is already leveled and benefits from an elevated position, offering excellent views.
According to the agent's special notes, the effective usable area is approximately 380 tsubo. The fixed asset tax for the 2023 fiscal year (Reiwa 5) is 54,741 yen. For further details, interested parties are encouraged to contact the sales representative directly.
The land is designated as residential (宅地) on high ground. It has no building conditions attached, allowing for freedom in future development, subject to the 60% building coverage and 200% floor area ratio. Access is convenient, located just a 4-minute walk from the Kitagami-hara bus stop and approximately a 7-minute drive from the Nakagusuku Interchange.
The surrounding area of Nakagusuku is rich in history and culture. A notable nearby landmark is the Nakagusuku Castle Ruins, a UNESCO World Heritage Site. This gusuku (Ryukyuan castle) offers panoramic views of the East China Sea and stands as a testament to the Ryukyu Kingdom's unique architectural and cultural heritage.
