Prime Building-Condition Land Plots in Wakayama's Thriving University District

This listing presents three premium building-condition land plots within the "Common Stage Wadaigakuen-mae" development by Sekisui House, a leading Japanese homebuilder. The plots, numbered 7, 8, and 9, are now available for sale. Each plot offers a generous land area of approximately 162.76 to 162.98 square meters (roughly 49.23 to 49.30 tsubo), providing ample space for a custom family home. The development is strategically positioned within walking distance of Wakayama University, offering a vibrant academic atmosphere and excellent convenience.

Critical agent notes provide essential details for prospective buyers. The development is subject to other legal restrictions including the Landscape Act, the Act on Regulation of Land Readjustment and Specific Embankments, the Urban Renaissance Special Measures Act, and potential buried cultural property sites. The total development consists of 19 plots, with Sekisui House responsible for 7 of them; the current sale involves 3 of these plots. Buyers should be aware of facility burden fees, including a water supply contribution fee: 77,000 yen (tax included) for a 13mm connection and 143,000 yen (tax included) for a 20mm connection. To ensure the formation of a pleasant streetscape, a "Townscape Guideline" has been created; interested parties should inquire with staff for its specific contents. Most importantly, the land sale contract for these plots is conditional. It only becomes effective if a building construction contract with the seller, Sekisui House Co., Ltd., is concluded within three months of signing the land contract. If the building contract is not finalized within this period, the land sale contract is voided, and any earnest money received will be promptly refunded in full without interest.