Building Opportunity in Fujito-dai: A Conditioned Land Parcel by Daiwa House

This is a building-conditioned residential land parcel (215-go) located in the Fujito-dai development area of Wakayama City, Wakayama Prefecture. The property is being sold by Daiwa House Industry Co., Ltd. with the condition that the buyer enters into a construction contract with the same company within three months of the land purchase agreement. If a building contract is not finalized within this period, the land sale contract becomes void, and all monies received will be returned in full without interest.

The land is situated in a first-class low-rise residential exclusive zone, part of an urbanized area. The site area is 164.82 square meters, with a building coverage ratio of 60% and a floor area ratio of 100%. The road frontage is asphalt-paved, with widths of 4 meters and 13.5 meters. Utilities available include electricity from Kansai Electric Power (other retail electricity suppliers are also options), city gas, public water supply, and an individual combined septic tank for sewage. As the land does not require a development permit application, no specific equipment or facilities are provided on the site itself.

The property is within walking distance of Fujito-dai Elementary School (approx. 720m) and Parthenon Park (approx. 640m). Aeon Mall Wakayama is about 1,480 meters away, and Kishi Junior High School is approximately 2,930 meters from the site. The nearest train station is Wakayama University Station on the Nankai Line, which is about a 42-minute walk from the property. This is a single parcel within a larger development of 2,700 total lots, with sales on a first-come, first-served basis. The development is scheduled for completion in April 2026 (Reiwa 8), and the land is already graded.