Prime Investment Opportunity in Miyakojima: Dual-Purpose Commercial and Residential Property

This is a prime investment property located near Miyako Airport in Miyakojima City, offering a gross yield of 5.5% with a total monthly rental income of 528,000 yen. The property is strategically positioned along a main road in an area abundant with commercial facilities, ensuring high visibility and accessibility. The site includes parking space for approximately 10 vehicles.

According to the agent's special notes, the monthly rental breakdown is as follows: the first-floor office space generates 330,000 yen, while the second-floor residential unit yields 198,000 yen. This dual-income stream from a single asset provides a stable and attractive revenue model for investors.

The property sits on a generous 696.22 square meter plot of land designated for residential use. The building itself is a robust Reinforced Concrete (RC) structure with a total floor area of 354.4 square meters. Key planning ratios are a building coverage ratio of 60% and a floor area ratio of 200%. The land rights are freehold with no private road maintenance burdens.

The area of Miyakojima is renowned for its stunning beaches and crystal-clear waters, forming part of the beautiful Sakishima Islands. An interesting fact is that Miyakojima is famous for its strong, consistent winds, making it a premier destination for windsurfing and kitesurfing in Japan. The closest major landmark is the breathtaking Yonaha Maehama Beach, often cited as one of Japan's most beautiful beaches with its long stretch of white sand.