Land in Meguro-ku, Gohongi 3-Chome – A Prime Building Opportunity

This is a land property for sale located in the quiet residential area of Gohongi 3-chome, Meguro-ku, Tokyo. The property is a 7-minute walk from Gakugeidaigaku Station on the Tokyu Toyoko Line, an express stop. The route from the station to the site is well-lit with streetlights, ensuring a safe walk even at night. The land is situated in a Category 1 Low-Rise Exclusive Residential District, a tranquil neighborhood of low-rise homes. There is no significant height difference between the site and the front road. This is a land sale without any building conditions, allowing the buyer to freely choose their preferred home builder or contractor to design and construct a home from scratch, including the floor plan, fixtures, and exterior. The property faces a north-side road, which allows for effective building layout and site planning. The land area is 263.33 square meters (approximately 79.65 tsubo). The building coverage ratio is 60%, and the floor area ratio is 150%. The site currently has an existing old house, which will be handed over in its current condition. The property includes a south-side garden area. The land is serviced by public water mains, municipal sewage, and city gas. The transaction is for the transfer of a leasehold right (land lease). The lease period will be newly established for 20 years for non-rigid structures and 30 years for rigid structures. The landlord is Yutenji Temple. When rebuilding the existing structure, a new construction renewal fee will be required. If using a loan, a mortgage consent fee will be necessary, and available financial institutions will be limited. The transfer of the leasehold right requires screening by the landlord, which will take time. The sale will proceed after obtaining the landlord's consent to the transfer.