GranFronte Residential Apartment Building in Kutchan, Hokkaido
Presenting the GranFronte, a brand-new modern apartment building located on the convenient Route 5 thoroughfare in the town of Kutchan. This property represents a rare opportunity to purchase an entire residential apartment building, comprising a total of 14 units. The building features a concrete structure with a secure keypad entry system and includes designated parking spaces.
The unit mix consists of 8 two-bedroom apartments and 6 three-bedroom apartments. Each apartment is equipped with air conditioning, heating, and includes a storage room. All units are suitable for year-round living. A significant investment highlight is that all apartments are available for rental, with 10 units already tenanted under fixed-term leases, providing immediate rental income.
The location offers excellent convenience, within walking or short driving distance to supermarkets, restaurants, shops on the main street, and Kutchan Train Station. The area is poised for substantial growth, with the upcoming completion of the Shinkansen bullet train line and a national highway by 2030, which is set to establish Kutchan as a major hub in southwestern Hokkaido, offering high potential for capital appreciation.